0000 Cor Crystal Lake, IL 60014
- Land
- 2.04 lot acres
Current Use by Public Records
- Land
Property Details for 0000 Cor
- Lot size
- 2.04 lot acres
- Property type
- Land
Description
This exceptional 2.04-acre commercial land parcel presents a unique development opportunity in the Village of Lakewood, Illinois. Located at the southwest corner of Congress Parkway and Exchange Drive (APN 19-04-404-001), this property boasts 470 feet of frontage on Congress Parkway, offering excellent visibility and accessibility. The site is zoned B-2: General Commercial, making it suitable for a variety of uses, including medical, professional, or retail developments. A significant advantage is its proximity to the recently completed Residences of Crystal Lake apartment complex, ensuring a built-in customer base and strong potential for synergy. Utilities are readily available on-site, simplifying the development process. Furthermore, its convenient location offers easy access to a Metra station and a major shopping corridor, enhancing its appeal and attracting a diverse clientele. The property also benefits from off-site detention, addressing potential drainage concerns. This property represents a compelling investment opportunity, particularly given the recent drastic price reduction and tax decrease. The asking price is $250,000. Don't miss this chance to acquire a prime development site in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crystal Lake
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3059
- Latitude
- 42.2315
