545 Dakota Street Crystal Lake, IL 60012
545 Dakota Street, Crystal Lake, IL, 60012
Contact for pricing
For Sale
Contact for pricing
Flex space
Property Size5,250 SF
Price / SF$119.05
Days on Market33
Property Features for 545 Dakota Street
General Information
- Standard status
- Active
- Size
- 5,250 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
Premier Commercial Realty
(847) 854-2300
Listed by
Bruce Kaplan · License #IL 475075614
Source
Crexi
Added: Jun 19 Updated: Jul 21 at 1:36PM Checked: Jul 21 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Masonry industrial condo built in 2003 with 5,250 SF shop space
- 20 ft ceilings with skylights and epoxy floor in the shop
- Triple basin drains, special exhaust system, and air lines
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.0k | $9.72 |
| − Vacancy | −$2.8k | −$0.53 |
| EGI | $48.2k | $9.19 |
| − OpEx | −$16.9k | −$3.21 |
| NOI | $31.3k | $5.97 |
5,250 SF · lease $9.72/SF/yr · vacancy 5.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$447.8K
$391.8K – $522.4K
NOI $31,345 @ 7.0% cap · market cap 5.02%
Second Best
Warehouse
$392.0K
$343.0K – $457.4K
NOI $27,442 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.81M
$1.59M – $2.11M
NOI $126,881 @ 7.0% cap · market cap 20.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
Where is this flex space located?
The property is located at 545 Dakota Street Crystal Lake, IL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Masonry industrial condo built in 2003 with 5,250 SF shop space; 20 ft ceilings with skylights and epoxy floor in the shop; Triple basin drains, special exhaust system, and air lines
