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Property profile & analytics
OFF-MARKET
Land

0 Knaack Blvd Crystal Lake, IL 60012

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to acquire five contiguous industrial lots totaling 1-5 acres within the desirable Terra Cotta Tech Subdivision in Crystal Lake, Illinois. Located in McHenry County, this prime property boasts convenient access to Knaack Blvd, Millennium Dr, and Beechcraft Ln, ensuring excellent visibility and connectivity. The land is zoned M, allowing for a variety of industrial uses. City utilities are readily available to each site, and offsite detention is already in place, simplifying the development process. The property features covenants and restrictions that mandate pre-cast or masonry construction, ensuring a high standard of development within the subdivision. This is a unique opportunity to purchase one or all five lots for a combined price of $82,000, translating to approximately $1.88 per square foot. The APN numbers for the combined parcels are 14-33-227-001,002,003,004 and 14-33-276-021. This is an excellent investment opportunity for developers seeking a strategic location in a thriving industrial area. The property's location in Crystal Lake, IL (zip code 60012) offers easy access to major transportation routes and a skilled workforce. Don't miss this chance to secure this valuable industrial land.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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