Property summary
This exceptional 1.7-acre commercial land parcel presents a unique development opportunity in Crystal Lake, Illinois. Located on Colonial Avenue, this property boasts 290 feet of frontage, offering excellent visibility and accessibility. The zoning is R-1, and the site benefits from municipal water and sanitary sewer services. A significant advantage is the existing on-site detention system, simplifying development plans. Furthermore, the property enjoys tax exemption due to prior Park District ownership. The strategic location provides convenient access via Colonial Avenue, with a stoplight-controlled intersection at Northwest Highway. High traffic counts are observed on nearby Illinois Route 31 (22,987 vehicles) and Northwest Highway (26,951 vehicles), ensuring high visibility for any future development. The asking price for this exceptional property is $114,900. This parcel is situated in McHenry County, Illinois, with the address listed as Colonial St, Crystal Lake, IL 60014. The property's coordinates are 42.22426376 latitude and -88.28884794 longitude. This presents a rare chance to acquire a well-positioned commercial lot with significant development potential in a thriving area.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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