0 Virginia St, Crystal Lake, IL 60014
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.