Property profile

4419 Northwest Hwy Crystal Lake, IL 60014

OFF-MARKET
Land
3.65 ac lot
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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

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Wedding Service

Location

4419 Northwest Hwy 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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