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7105 South Virginia Road, Crystal Lake, IL 60014

For sale package of 24 commercial condo office units with individual ownership opportunities.

Property Size25,386 SF
Price / SF$86.66
Days on Market59

Property Features for 7105 South Virginia Road

General Information

Standard status Active
Size 25,386 SF
Property subtype Office

Additional Details

Multifamily Units 24

Building Details

Year Built 1998
Tenancy Multi
Listed By: Kayla Gotsch · License #475.205767
Source: Crexi
Added: Jun 2 Changed: Jul 10 Last Checked: Jul 29 at 10:16AM

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 Kayla Gotsch

Investment Insights

Based on property information with market context.

This offering presents a for-sale package of 24 commercial condo office units. The property is configured as multiple individually owned units within a single commercial condo structure, giving buyers a portfolio-style approach to office space ownership.

Located at 7105 South Virginia Road in Crystal Lake, Illinois, the building’s condo format supports a range of tenanting strategies depending on unit configuration and management preferences. The listing is presented as a consolidated opportunity rather than a single suite, which may appeal to buyers looking for multiple office units in one transaction.

For buyers, the primary consideration is the ability to evaluate the full set of 24 office condo units together as an acquisition. For brokers and prospective tenants, condo ownership can affect how spaces are maintained and managed day to day, making it important to review available unit details and operating requirements as part of any due diligence. This is a straightforward opportunity to acquire a multi-unit commercial office condo portfolio in one purchase.

Key Highlights

  • For sale package of 24 commercial condo office units
  • Commercial condo units offer individual ownership opportunities
  • Year built: 1998

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

24
Residential units
Multi-tenant
Tenancy

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

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 - For sale package of 24 commercial condo office units with individual ownership opportunities.
Where is this office units located?
The property is located at 7105 South Virginia Road Crystal Lake, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: For sale package of 24 commercial condo office units; Commercial condo units offer individual ownership opportunities; Year built: 1998
More about this property
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