1295 Randall RdCrystal Lake, IL 60014

  • Other commercial real estate
  • 1.32 AC
For Lease
$18/SF/YR View listing

Property Details for 1295 Randall Rd

Lot size
1.32 AC
Property type
Other commercial real estate
APN
19-18-282-005
APU
1918282005

Description

This exceptional retail opportunity is located at 1295 N Randall, a high-traffic location boasting over 30,000 vehicles per day near Crystal Lake South H.S. The property, built in 2008, comprises a 16,592 square foot building with ample lighted parking and monument signage. Currently, there are several available spaces: Unit 101, a 1,620 square foot end cap with a drive-thru service window and one bath, ideal for quick-service restaurants; Unit 106-108, a 3,012 square foot former gym space featuring a waiting area, large open space (expandable to 47' x 33'), reception desk, two locker rooms, break room, two baths, and storage; and Unit 109, a 1,081 square foot inline space with two plumbing hook-ups and one bath. Units 106-108 and 109 can be combined to create a 4,093 square foot space. The property is zoned B1 and features 200 amp power. The building has a total of 50 parking spaces. This vibrant shopping center benefits from a strong tenant mix including CVS, Nancy's Pizza, Salon Mackk and Co., Jalsa Bar and Restaurant, Andy's Burritos, and Hair and Art. Lease rates are net-net-net (NNN): Unit 101 is $22 per square foot, totaling $4,064 monthly; Unit 106-108 is $18 per square foot, totaling $6,551 monthly; and Unit 109 is $20 per square foot, totaling $2,531 monthly. The property's APN is 19-18-282-004. This is a prime location with excellent visibility and strong surrounding demographics.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,881,682
    Hospitality
    $10,883,557
    Educational
    $9,054,992
    Medical
    $9,366,407
    Retail
    $14,085,543
1295 Randall Rd, Crystal Lake, Illinois
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Location Insight

City
Crystal Lake
County
Mchenry
State
Illinois
Latitude
42.2062
Longitude
-88.3352
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$19,064
$186,861
-
$186,861
-
$560,583
-
$560,583

FAQs

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