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Renovated Office and Medical Suites
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561 W Terra Cotta Ave, Crystal Lake, IL 60014

Office and medical suites available in Crystal Lake, Illinois.

Space SizeContact for details
Property Size23,242 SF
Days on Market151

Property Features for 561 W Terra Cotta Ave

General Information

Standard status Active
Size 23,242 SF
Total Parking Spaces 100
Property subtype Office
Lease Type Gross

Building Details

Building Size 23,242 SF
Year Built 1985
Tenancy Single
Listing Agency: PREMIER COMMERCIAL REALTY
Listed By: Austin Schweitzer · License #475.217540
Source: Crexi
Added: Mar 24 Changed: Aug 17 Last Checked: Aug 20 at 10:25PM

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.

Located at the intersection of Routes 14 and 176 in northwest Crystal Lake, this two-story masonry office building is undergoing complete exterior and interior renovation. Office and medical suites ranging from 550 to 1,450 square feet are available. Prior to occupancy, each space will be customized and upgraded to meet a tenant's specifications. Separate male and female bathrooms are located on each floor. Limited storage is available on the lower level. A security timer controls access during evening hours and on weekends. An elevator in the expansive main lobby, along with a stairwell at all three entrances, provide access. A large, lighted parking lot offers over 100 unreserved spaces.

Key Highlights

  • High‑traffic location at the intersection of Routes 14 and 176.
  • Suites ranging from 550 to 1,450 SF available for office or medical use.
  • Complete exterior and interior renovation underway.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Barber Shop Hotel & Motel Carpet & Flooring Store Locksmith Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

Demographics for 60014, IL

48,275
Population
18,135
Households
2.7
Avg Household Size
40
Median Age
42%
College-Educated
94%
High-School Grad
25.1 sq mi
ZIP Area
1,923
Density / Sq Mi
$104,657
Median Household Income
$50,805
Median Earnings
$1,429
Median Rent
$296,100
Median Home Value

Market

Lease Benchmarks for Crystal Lake, IL

$16.48 /SF/Yr
Avg Asking Price
$10–$34.5 /SF/Yr
Price Range
2,803 SF
Avg Space Size

This space is priced 3% above the average of $16.48 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office and medical suites available in Crystal Lake, Illinois.
Where is this office units located?
The property is located at 561 W Terra Cotta Ave Crystal Lake, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at the intersection of Routes 14 and 176.; Suites ranging from 550 to 1,450 SF available for office or medical use.; Complete exterior and interior renovation underway.
(815) 814-6500 Call to check price and availability
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