Property profile

28950 Il-120 Lakemoor, IL 60051

OFF-MARKET
Specialty properties
26,500 SF 4.5 ac lot Built 2006
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Property summary

AI-generated overview

Lakemoor Crossings Shopping Center offers a unique investment opportunity in a thriving location. This 26,500 square foot, Class B property, situated on 4.5 acres at the signalized intersection of Route 12 and Darrell Road in rapidly growing Lakemoor, IL (near McHenry), boasts high visibility with 28,000 cars passing daily. The center features two buildings, each with 14-foot ceilings, and a total of 88 parking spaces. Currently, 1,739 square feet of retail space is available, divisible to a minimum of 1,739 square feet. The property includes 14 suites in total, and benefits from a strong tenant mix including Shopko Optical, Rosati's Pizza, Anytime Fitness, Allstate Insurance, dental and orthodontic practices, a cleaner, nail salon, and a wine and deli. Built in 2006 and renovated in 2024, the property offers modern amenities. The space includes one or two ADA-compliant bathrooms. Tenants enjoy prominent street frontage and access to a computerized message sign on the pylon sign at the intersection. The property is zoned commercial and has a multi-PIN APN. Utilities include 220 3-phase power. The property is conveniently located across from Walgreens and a new Thorntons discount gas station. This is an exceptional opportunity for businesses seeking high visibility and a strong tenant base.

Property profile

Verified
Property type Specialty properties
Year built 2006
Total area 26,500 SF
Lot 4.5 ac (196,020 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28950 Il-120 Lakemoor, IL 60051
Lakemoor metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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