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    OFF-MARKET
    Land

    4419 Northwest Hwy, Crystal Lake, IL 60014

    3.65 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.65-acre commercial land parcel presents a unique investment opportunity in Crystal Lake, Illinois. Located at 4419 Northwest Hwy (APN: 19-10-200-030 & 036), this B2 PUD zoned property boasts a prime location with high visibility and accessibility. Previously occupied by a well-known banquet facility and nightclub, the site offers two points of ingress/egress onto Route 14, and the possibility of a cross easement into a neighboring shopping center. The property benefits from excellent traffic counts, averaging approximately 20,700 vehicles per day (VPD) on Route 14 and 34,000 VPD on Route 31, ensuring significant exposure for any future development. All detention is currently off-site, and city water and sewer are readily available at adjacent properties. A survey is available upon request. This high-demand location, combined with its size and zoning, makes this property ideal for a variety of commercial ventures. The asking price is $1,825,000. Don't miss this chance to acquire a highly desirable commercial site in a thriving area.

    Property profile
    Verified
    Property type Land
    Lot 3.65 ac (158,994 SF)
    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
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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