5750 Northwest Hwy Crystal Lake, IL 60014
This exceptional investment opportunity presents a fee-simple interest in a 4,169 square foot, single-story retail building situated on a one-acre lot in Crystal Lake, Illinois. The property boasts a prime location at 5750 Northwest Hwy, a main intersection with excellent visibility. Currently 100% occupied by two national tenants, Helzberg Diamonds and Euro Wax, this property offers a stable income stream with a strong net operating income (NOI) of $145,870 and a 7.40% cap rate. The asking price is $1,971,500, translating to $472.90 per square foot. Both tenants are under long-term net leases with a remaining term of 6.9 years. The lease structure includes attractive rent bumps
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.