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    1501 Carlemont Dr Crystal Lake, IL 60014

    Sponsored
    For Lease
    Contact for pricing

    Prime 1-acre commercial lot in Crystal Lake, IL

    Lot size:
    17,873 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.06 to 1.23-acre commercial land parcel, located at 1501 Carlemont Drive in Crystal Lake, Illinois, presents a unique opportunity for businesses seeking a strategic location in McHenry County. The property boasts a total land area of 17,873 square feet, offering ample space for development. Its single-tenant designation ensures exclusive use and control, ideal for a variety of commercial ventures. The property's address is conveniently situated within Crystal Lake, providing easy access to local amenities, transportation routes, and a thriving business community. The zoning regulations and potential development options should be independently verified to ensure compatibility with your specific business needs. This is a blank canvas for your vision, allowing for the construction of a building tailored to your exact specifications. The property's size and location make it an attractive investment for businesses looking to establish a strong presence in a growing market. The site is ready for immediate development, offering a streamlined path to occupancy. Detailed site plans and surveys are available upon request. This prime commercial land presents an exceptional opportunity for growth and expansion. The zip code for this property is 60014.

    Property Features for 1501 Carlemont Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,873 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    17,873 SF

    HighLights

    • Outlots available on Randall Road.
    • Multi‑tenant retail building with drive‑thru available.
    • Multiple big‑box retailers nearby.
    • New traffic signal installation imminent.
    • Multiple access points.
    • Over 43,000 vehicles per day (VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crystal Lake
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3367528
    Latitude
    42.1944043

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot in Crystal Lake, IL
    Where is this land located?
    The property is located at 1501 Carlemont Dr Crystal Lake, IL.
    What are key features of this property?
    This property features: Outlots available on Randall Road.; Multi-tenant retail building with drive-thru available.; Multiple big-box retailers nearby.
    Request Owner's contact information
    1501 Carlemont Dr Crystal Lake, IL 60014
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    Crystal Lake, IL 60014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 Carlemont Dr Crystal Lake, IL 60014
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