1501 Carlemont Dr Crystal Lake, IL 60014
- Specialty properties
- 1.10 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 1501 Carlemont Dr
- Lot size
- 1.10 lot acres
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
This exceptional 1-acre lot, situated on the soon-to-be signalized hard corner of Randall Rd and Alexandra Blvd in Crystal Lake, IL (60014), presents a unique investment opportunity. The property boasts a highly desirable B2 General Commercial zoning, allowing for a variety of uses. With over 38,000 vehicles passing daily, this location benefits from excellent ingress and egress. The surrounding area demonstrates strong demographics, including a 3-mile population of 71,000 with a high daytime population (59%) of residents aged 16 and older and a low unemployment rate (2.4%). The average income within a 3-mile radius is $127,000, reflecting a robust consumer base. The site is conveniently located near mid-to-high-end residential areas, high schools, churches, and numerous national retailers and restaurants, including Target, Lowe's, Costco, Trader Joe's, Dick's Sporting Goods, and more. Utilities are available on-site, and off-site detention is provided. This is an ideal location for an express car wash, capitalizing on the high traffic volume and strong local demand. The property is part of a larger development encompassing additional commercial spaces.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crystal Lake
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3351
- Latitude
- 42.2006
