176 Swq Of Us Hwy 14 & Il Rte Crystal Lake, IL 60014
- Retail properties
- 26.25 lot acres
Current Use by Public Records
- Retail properties
Property Details for 176 Swq Of Us Hwy 14 & Il Rte
- Lot size
- 26.25 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crystal Lake
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3458
- Latitude
- 42.2479