8550 Ridgefield RdCrystal Lake, IL 60012

  • Other commercial real estate
  • 50,000 SF
For Lease
$6.84/SF/YR View listing

Property Details for 8550 Ridgefield Rd

Year built
1999
Lot size
9.49 AC
Property size (Sq ft)
50,000 SF
Property type
Other commercial real estate
APN
13-25-126-007
APU
1325126007

Description

This exceptional commercial property, located at 8550 Ridgefield Road in Crystal Lake, Illinois (60012), offers a unique opportunity for businesses seeking flexible office space. The property, situated on 3.4 acres of land, comprises a 7,000 square foot, two-story building constructed in 1985 and zoned B1. Currently, 3,500 square feet of space is available for lease, divisible into a minimum of 3,500 square feet and a maximum contiguous space of 3,500 square feet. The building features a total of two suites. The available space is located in the lower level, an English basement, and is thoughtfully designed with several private offices, a conference room, flexible workspace, a kitchen, and an equipment room. The building offers 8-foot ceilings and ample parking with 20 spaces. The property's convenient location off US Highway 14 provides excellent accessibility. This Class C building is ideal for businesses seeking a blend of traditional and creative office space, with short-term or long-term lease options available. The property's McHenry County location, within the Crystal Lake submarket, offers a strategic advantage for businesses seeking a presence in this thriving area. The parcel number is 13-25-126-008. No elevators are present in the building.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,333,695
    Hospitality
    $9,465,609
    Educational
    $7,875,276
    Medical
    $8,146,118
    Retail
    $12,250,428
8550 Ridgefield Rd, Crystal Lake, Illinois
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Location Insight

City
Crystal Lake
County
Mchenry
State
Illinois
Latitude
42.2698
Longitude
-88.3683
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
$79,785
$58,712
$844,152
$902,864
-
$176,136
$2,532,456
$2,708,592

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