Property Details for 1501 Carlemont Dr

Property size

2,500 SF

Property type

Retail properties & Spaces

Description

This exceptional development opportunity presents three ground lease or for-sale lots totaling six acres at the highly visible intersection of Randall Road and Alexandra Boulevard in Crystal Lake, Illinois. The site boasts impressive daily traffic counts exceeding 38,000 vehicles and benefits from excellent ingress/egress, soon to include a fully signalized hard corner. This location offers unparalleled access to a substantial population base of over 71,000 within a three-mile radius, exhibiting a high daytime population (59% aged 16 and older) and a low unemployment rate of 2.4%. The average household income within this radius is a strong $127,000. The site's strategic location is further enhanced by its proximity to a mix of mid-to-high-end residential areas (apartments and single-family homes) within walking distance, along with nearby high schools and churches. Numerous national retailers and restaurants, including Target, Lowe's, Costco, Trader Joe's, and more, are located within minutes, ensuring high visibility and customer traffic. Two approximately one-acre lots are ideally suited for quick-service restaurants with drive-thrus, while a third one-acre lot is designated for an express car wash. All utilities are available on-site, and off-site detention is provided. This is a rare opportunity to establish a presence in a thriving and densely populated area with exceptional demographics and convenient access to major roadways and amenities. The site is currently in the final planning phases, offering a unique chance to secure a prime location in a rapidly developing commercial corridor. The available space for the QSR lots ranges from 2,500 to 4,000 square feet.

Location Insight

City

Crystal Lake

County

McHenry

State

Illinois

Longitude

-88.3352

Latitude

42.2002