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Property profile & analytics

5610 State Rte 31 Crystal Lake, IL 60014

  • Retail properties
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 5610 State Rte 31

Year built
1970
Property type
Retail properties
Property subtype
Office Properties & Spaces

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Crystal Lake
County
Mchenry
State
Illinois
Longitude
-88.2862
Latitude
42.2478
More about this property
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