6116 Northwest Hwy Crystal Lake, IL 60014
This exceptional redevelopment opportunity presents a prime 2,938 square foot building situated on a 0.77-acre lot at 6116 Northwest Hwy in Crystal Lake, Illinois, zip code 60014. Currently vacant, this property is ideally suited for a quick-service restaurant (QSR) tenant. The location boasts exceptional visibility and accessibility, situated within a dense retail corridor featuring numerous national brands including McDonald's, Little Caesars, Buffalo Wild Wings, Panera Bread, Five Guys, Pizza Hut, IHOP, Starbucks, 7-Eleven, Potbelly, Domino's, Target, Planet Fitness, Panda Express, Kohl's, Culver's, Jamba Juice, and Arby's. The site benefits from high traffic counts, with Northwest Highway seeing 29,500 vehicles daily and S. Main St recording 16,300 vehicles daily. This affluent community offers strong demographics, with over 128,500 individuals residing within a 5-mile radius and an average household income exceeding $107,400 annually. This property presents a unique chance to capitalize on a thriving retail environment and a strong consumer base. The 0.77-acre lot provides ample space for development and expansion. This is an excellent opportunity for investors and developers seeking a high-traffic, high-visibility location in a desirable market.
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.
Costs & Benchmarks
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.