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Renovated Two-Story Office Building
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651 W Terra Cotta Ave, Crystal Lake, IL 60014

Renovating now, this two-story office property offers customizable suites with on-floor restrooms and abundant parking.

Property Size656 SF
Days on Market58

Property Features for 651 W Terra Cotta Ave

General Information

Standard status Active
Size 656 SF
Property subtype OFFICE
Listing Agency: Premier Commercial Realty
Listed By: Mike Deacon · License #ILLINOIS#475.217540
Source: Moodyscre
Added: Jun 5 Changed: Jul 10 Last Checked: Jul 22 at 4:11AM

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.

This two-story, masonry office building is undergoing complete exterior and interior renovation. Multiple office configurations are available, including several smaller individual offices and traditional office suites ranging from 550 to 1,450 SF. Prior to occupancy, each space will be customized and upgraded to meet a tenant’s specifications, with separate male and female bathrooms located on each floor. Limited storage is available on the lower level.

The property is located at a high-traffic intersection of Routes 14 and 176 in northwest Crystal Lake. Access is supported by an elevator in the expansive main lobby, along with a stairwell at all three entrances, helping provide straightforward ingress and egress. A security timer controls access during evening hours and on weekends.

The building’s mix of small offices and larger suites, combined with on-floor restrooms and on-site parking for 100+ unreserved vehicles, can fit a range of office users seeking a renovated work environment. Limited lower-level storage should be considered when planning file or equipment needs.

Key Highlights

  • Two‑story masonry office building at the high‑traffic intersection of Routes 14 and 176 in northwest Crystal Lake
  • Renovating now with complete exterior and interior updates
  • Office suites range from 550 to 1,450 SF, including small individual offices and larger suite options

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

583
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

$16.08 /SF/Yr
Avg Asking Price
$8–$24 /SF/Yr
Price Range
3,893 SF
Avg Space Size

This space is priced 6% above the average of $16.08 /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 - Renovating now, this two-story office property offers customizable suites with on-floor restrooms and abundant parking.
Where is this office units located?
The property is located at 651 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: Two‑story masonry office building at the high‑traffic intersection of Routes 14 and 176 in northwest Crystal Lake; Renovating now with complete exterior and interior updates; Office suites range from 550 to 1,450 SF, including small individual offices and larger suite options
(815) 814-6500 Call to check price and availability
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