4419 Northwest Hwy, Crystal Lake, IL 60014
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.