Property profile

5610 State Rte Crystal Lake, IL 60014

OFF-MARKET
Retail properties & Spaces
Built 1970
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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

Location

5610 State Rte Crystal Lake, IL 60014
Crystal Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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