Property profile

0 Virginia St Crystal Lake, IL 60014

OFF-MARKET
Land
7.95 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 7.95 ac (346,302 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Virginia St Crystal Lake, IL 60014
Crystal Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Virginia St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message