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Property profile & analytics
FOR SALE
Commercial real estate
970 S Mchenry Ave, Crystal Lake, IL 60014
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US28-2243691
For Sale
1 / 2
$999,900
970 S Mchenry Ave, Crystal Lake, IL 60014
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Total area
5,328 SF
Lot
2.36 ac (102,802 SF)
APN
19-07-451-038
UPID
US28-2243691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.03M
Owner & transaction history
970 Mchenry Avenue LLC · 13 yrs held
970 Mchenry Avenue LLC
since 2013
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Crystal Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$31,963
Tax year 2022
Assessed value
$313,302
Assessed 2022
Previous assessed
$313,302
+0.0% YoY
Effective rate
10.20%
On assessed value
Assessed land
$186,004
Assessed improvement
$127,298
Land market value
$558,012
Improvement market value
$381,894
Total market value
$939,906
Applied tax rate
19,002.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1994
Heating
NONE
Stories
1
Total area
5,328 SF
Lot
2.36 ac (102,802 SF)
APN
19-07-451-038
UPID
US28-2243691
Jurisdiction
MCHENRY
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
970 Mchenry Avenue LLC
Entity
Mailing address
970 S MCHENRY AVE, CRYSTAL LAKE, IL 60014-7449
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
—
970 Mchenry Avenue LLC
—
Deed
related
$150,000 · American Community Bank
Jun 7, 2018
—
970 Mchenry Avenue LLC
—
Deed
related
$140,000 · American Community Bank & Trust
Jun 19, 2013
$680,000
970 Mchenry Avenue LLC
Lasalle 115 Holdings LLC Series 1
Special Warranty Deed
$416,000 · American Community Bank & Trust
May 14, 2013
—
Lasallle 115 Holdings LLC
Sheriff Of Mchenry County
Trustees Deed
related
—
Nov 12, 2004
$1,800,000
Carlisle Properties LLC
Trust 92-116
Grant Deed
$1,300,000 · Harris Bank Barrington NA
Apr 22, 1999
—
Grand Premier Tr & Inv Ttee
—
Deed Of Trust
related
$1,000,000 · First Midwest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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