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    OFF-MARKET
    Retail properties & Spaces

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

    26.25 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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