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Property profile & analytics
OFF-MARKET
Mixed-use properties

5214 State Rte Crystal Lake, IL 60012

6,308 SF Built 1945
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property at 5214 State Route 31 in Crystal Lake, Illinois, presents a compelling investment opportunity. The 6,308-square-foot building, constructed in 1945, sits on a 17,472-square-foot lot (APN 14-34-201-006) and is zoned B. The property boasts 4,300 square feet of net rentable space, currently configured as a blend of office, retail, and warehouse areas. The warehouse component, totaling 1,500 square feet, features a 12-foot overhead door and is heated. The well-maintained office/retail space offers approximately 2,800 square feet of adaptable space, ideal for a variety of businesses. Adding to the investment potential, the building includes two rental apartments on the second floor, providing a consistent stream of rental income. Located on a high-traffic route with over 21,000 vehicles daily, this property offers excellent visibility and accessibility. The flexible layout allows for owner-occupancy with leasing of excess space or complete rental of the entire building. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving Illinois market. The asking price is $595,000, translating to $94.32 per square foot.

Property profile
Verified
Property type Mixed-use properties
Year built 1945
Total area 6,308 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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