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    845 Terra Cotta Ave Crystal Lake, IL 60014

    Sponsored
    For Sale
    $75,000

    0.62-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.62-acre commercial land parcel presents a unique investment opportunity in the desirable Crystal Lake, Illinois market. Located at 845 E Terra Cotta Ave, this property boasts a prime location within McHenry County, offering excellent visibility and accessibility. The lot is zoned E - Estate, providing flexibility for a variety of commercial development projects. The APN is 14-34-326-057. This property is ideal for entrepreneurs and developers seeking to establish a presence in a thriving community. With its generous size and strategic location, this land offers significant potential for future growth and profitability. The asking price for this exceptional commercial land is $75,000. The property's address is 845 E Terra Cotta Ave, Crystal Lake, IL 60014. Its geographic coordinates are latitude 42.24871592286723 and longitude -88.28873722836838. This represents a rare chance to acquire a well-situated commercial lot in a highly sought-after area. Don't miss this opportunity to secure your future in Crystal Lake.

    Property Features for 845 Terra Cotta Ave

    General Information

    Property type
    Land
    Lot Size
    27,007 SF

    HighLights

    • $75,000 asking price for 0.62 acres of commercial land.
    • Located at 845 E Terra Cotta Ave, Crystal Lake, IL 60014.
    • Property is zoned E - Estate.
    • APN: 14‑34‑326‑057.
    • McHenry County location.
    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
    -88.288737228368
    Latitude
    42.248715922867

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    FAQs

    What type of property is this?
    Land - 0.62-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 845 Terra Cotta Ave Crystal Lake, IL.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price for 0.62 acres of commercial land.; Located at 845 E Terra Cotta Ave, Crystal Lake, IL 60014.; Property is zoned E - Estate.
    Request Owner's contact information
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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
    845 Terra Cotta Ave Crystal Lake, IL 60014
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