Property profile

176 Swq Of Us Hwy 14 & Il Rte Crystal Lake, IL 60014

OFF-MARKET
Retail properties & Spaces
26.25 ac lot
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Property summary

AI-generated overview

This exceptional 26.25-acre commercial land parcel presents a remarkable investment opportunity in Crystal Lake, Illinois. Strategically located at the highly visible, lighted intersection of US Highway 14 and IL Route 176 (Terra Cotta Avenue), this property boasts exceptional visibility and accessibility. The B-2 PUD zoning allows for a diverse range of development options, including retail, office, and/or multi-family uses, catering to a wide array of potential investors and developers. Its proximity to Lippold Park, complete with a Family Golf Center and baseball fields, adds significant appeal and enhances the overall desirability of the location. High daily traffic counts of 19,000 vehicles on US Highway 14 and 12,200 vehicles on Route 176 ensure substantial exposure for any development. The property's four parcel numbers are 14-31-326-009, 14-31-326-010, 14-31-403-014, and 14-31-403-023. Annual property taxes are $5,988.82. The asking price for this prime commercial land is $2,500,000. This is an unparalleled chance to acquire a significant piece of real estate in a thriving area with immense potential for growth and return on investment. Contact us today to learn more.

Property profile

Verified
Property type Retail properties & Spaces
Lot 26.25 ac (1,143,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

176 Swq Of Us Hwy 14 & Il Rte 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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