This exceptional 15,990 square foot retail and office strip center in Crystal Lake, IL, offers a unique investment opportunity. The property, built in 2005, features two suites totaling 2,810 square feet of vacant space, divisible into smaller units. Unit 106, a 748 square foot inline space, boasts recent upgrades including vinyl flooring and an open floor plan with one bathroom. Unit 110, a 2,810 square foot end cap, presents a remarkable opportunity with a drive-thru window. Previously used as office/financial space, it includes four private offices, open clerical area, kitchen, and two bathrooms. This unit is divisible into two smaller spaces: Unit 110A (1,807 sq ft) and Unit 110B (1,003 sq ft), each with its own distinct layout and amenities. All units are available at $16 per square foot, triple net, with a pass-through cost of $6 per square foot. The property includes 64 parking spaces, 12-foot ceilings, and 200-amp power. The B2P zoning allows for a variety of uses. The property is conveniently located on the north side of Crystal Lake, minutes from Route 31 and Route 14, and the downtown business district. Prominent lighted monument signage enhances visibility. A minimum three-year lease term is preferred. The property's APN is 14-33-277-006, and property taxes are $3.45 per square foot.
Highlights
15,990 SF retail/office strip center in Crystal Lake, IL, built in 2005.
2,810 SF of vacant space divisible into smaller units.
Unit 106 (748 SF) features recent upgrades and an open floor plan.
Unit 110 (2,810 SF end cap) includes a drive-thru and is divisible into two smaller spaces.
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Contacts
Heather Schweitzer
Michael Deacon
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650 Terra Cotta Ave, Crystal Lake, Illinois, 60014
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650 Terra Cotta Ave
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