Property summary
This exceptional 7.95-acre commercial lot presents a remarkable opportunity for development in Crystal Lake, Illinois. Located at a highly visible, lighted intersection boasting a newly installed turn lane, this property ensures optimal exposure for any commercial or retail venture. The lot is zoned Commercial | W3, allowing for a variety of potential uses. The City of Crystal Lake has expressed openness to considering commercial or retail development proposals for this site. The expansive acreage provides ample space for a large-scale project, offering significant potential for return on investment. Detailed zoning information is readily available upon request. This prime location offers easy access to major transportation routes, ensuring convenient access for customers and employees. Note that gas station development is not permitted on this property. This is a rare opportunity to acquire a substantial commercial lot in a thriving Illinois community. Seize this chance to build your business in a highly visible and accessible location. The asking price for this exceptional property is $899,000. Contact us today to learn more and schedule a site visit.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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