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    OFF-MARKET
    Retail properties & Spaces

    5610 State Rte, Crystal Lake, IL 60014

    Built 1970
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,357 square foot retail space, situated in a high-traffic strip center at the intersection of Illinois Routes 176 and 31, presents a fantastic opportunity for a small business. The property is a single-tenant space within a Class C building constructed in 1970. The building is a single-story structure without elevators. The space boasts recently updated features including newer flooring, fresh paint, and energy-efficient LED lighting, creating a modern and inviting atmosphere. Its prime location ensures excellent visibility and benefits from the proximity to other established businesses, guaranteeing high foot traffic and potential customer exposure. The zoning designation is B-2. The space is perfect for a variety of uses, making it an attractive option for entrepreneurs seeking a well-maintained and conveniently located space to launch or expand their operations. A $42 credit and background check is required per applicant. This is a rare opportunity to secure a well-positioned retail space in a thriving commercial area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1970
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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