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    1450 Virginia Rd Crystal Lake, IL 60014

    Sponsored
    For Lease
    Contact for pricing

    2.5 Acres, Ideal for Storage

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre industrial property, located at 1450 S Virginia Road in Crystal Lake, Illinois, presents a unique opportunity for businesses seeking ample space for equipment storage or truck parking. Situated in McHenry County (zip code 60014), this single-tenant property offers significant potential. The land itself comprises approximately 2.5 acres, providing substantial room for various industrial uses. The property is classified as Industrial, Land, with subtypes including Commercial, Storage, IOS, and Equipment Storage, making it suitable for a wide range of applications. The total building square footage is listed as 1 square foot, indicating that the primary value lies in the expansive land area. This presents a blank canvas for development or immediate use as a secure storage facility. Given its size and location, this property is well-suited for businesses requiring extensive outdoor storage space for equipment, vehicles, or materials. The property's single-tenant status offers simplicity and control. Its strategic location in Crystal Lake, Illinois, provides convenient access to major transportation routes, further enhancing its appeal to businesses seeking efficient logistics and distribution capabilities. This is a rare opportunity to acquire a substantial parcel of land in a desirable industrial area. The property is ready for immediate use or future development, making it an attractive investment for discerning buyers.

    Property Features for 1450 Virginia Rd

    General Information

    Property type
    Warehouses
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 2.5‑acre industrial land parcel in Crystal Lake, IL (60014).
    • Excellent access to Route 31 and US‑14.
    • Proximity to local amenities and Lake in the Hills Airport.
    • Build‑to‑suit options available.
    • Professionally owned and managed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    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
    -88.3024305
    Latitude
    42.2002463

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    FAQs

    What type of property is this?
    Warehouse - 2.5 Acres, Ideal for Storage
    Where is this warehouse located?
    The property is located at 1450 Virginia Rd Crystal Lake, IL.
    What are key features of this property?
    This property features: 2.5-acre industrial land parcel in Crystal Lake, IL (60014).; Excellent access to Route 31 and US-14.; Proximity to local amenities and Lake in the Hills Airport.
    Request Owner's contact information
    1450 Virginia Rd 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
    1450 Virginia Rd Crystal Lake, IL 60014
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