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    350 Congress Pkwy Crystal Lake, IL 60014

    Sponsored
    For Lease
    $14 SF/Yr

    Medical Office Suites Available

    Lot size:
    48,398 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This Class A, two-building medical office complex in Crystal Lake, IL, offers 48,398 square feet of space, with 1,670 square feet currently vacant and divisible units ranging from 1,670 to 4,442 square feet. Built in 2001 and renovated in 2022, the property sits on 6 acres and features 12-foot ceilings. Each suite boasts a dedicated entrance and tenant-controlled HVAC. Ample parking is available. The convenient location offers proximity to numerous national restaurants and retailers, and is within walking distance of the Pingree Road Metra Train Station (an 11-minute walk or 3-minute drive). Major healthcare providers, Northwestern Medicine and Advocate hospitals, are less than 10 miles away. The area boasts a high average household income exceeding $114,454 within one mile and over $120,000 within three miles. The property is zoned Commercial - Medical/Office and is located at 350 Congress Parkway, Crystal Lake, IL 60014. The property consists of two single-story buildings.

    Property Features for 350 Congress Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,398 SF
    Class
    A
    Total Rate
    58480.92

    Building Details

    Year Built/Renovated
    2001/2022
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    390-F
    Size
    1,670 SF
    Rate per SF
    $14
    Space
    350-E
    Size
    4,442 SF
    Rate per SF
    $15
    Space
    390-E
    Size
    2,673 SF
    Rate per SF
    $14

    HighLights

    • 390 Building parking lot replaced.
    • 350 Building parking lot repaired, resealed, and restriped.
    • 11‑minute walk or 3‑minute drive to Pingree Road Metra Station.
    • Average household income exceeds $114,454 within one mile, $120,000 within three miles, and $130,000 within five miles.
    • National retail and restaurants within walking distance; Northwestern Medicine and Advocate hospitals under 10 miles away.
    • Crystal Lake experiencing significant population growth with continued expansion anticipated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -88.308087512049
    Latitude
    42.231191321247

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    FAQs

    What type of property is this?
    Medical office - Medical Office Suites Available
    Where is this medical office located?
    The property is located at 350 Congress Pkwy Crystal Lake, IL.
    What is the lease rate?
    The lease rate is $14-$15 SF/Yr.
    What are key features of this property?
    This property features: 390 Building parking lot replaced.; 350 Building parking lot repaired, resealed, and restriped.; 11-minute walk or 3-minute drive to Pingree Road Metra Station.
    Request Owner's contact information
    350 Congress Pkwy 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

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    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
    350 Congress Pkwy Crystal Lake, IL 60014
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