650 Terra Cotta Ave Crystal Lake, IL 60014

Property Details for 650 Terra Cotta Ave

Year built

2005

Lot size

1.80 lot acres

Property size

15,990 SF

Property type

Commercial real estate

APN

14-33-277-006

APU

1433277006

Description

This exceptional 15,990 square foot retail and office strip center in Crystal Lake, IL, offers a unique investment opportunity. The property, built in 2005, features two suites totaling 2,810 square feet of vacant space, divisible into smaller units. Unit 106, a 748 square foot inline space, boasts recent upgrades including vinyl flooring and an open floor plan with one bathroom. Unit 110, a 2,810 square foot end cap, presents a remarkable opportunity with a drive-thru window. Previously used as office/financial space, it includes four private offices, open clerical area, kitchen, and two bathrooms. This unit is divisible into two smaller spaces: Unit 110A (1,807 sq ft) and Unit 110B (1,003 sq ft), each with its own distinct layout and amenities. All units are available at $16 per square foot, triple net, with a pass-through cost of $6 per square foot. The property includes 64 parking spaces, 12-foot ceilings, and 200-amp power. The B2P zoning allows for a variety of uses. The property is conveniently located on the north side of Crystal Lake, minutes from Route 31 and Route 14, and the downtown business district. Prominent lighted monument signage enhances visibility. A minimum three-year lease term is preferred. The property's APN is 14-33-277-006, and property taxes are $3.45 per square foot.

Location Insight

City

Crystal Lake

County

Mchenry

State

Illinois

Longitude

-88.297

Latitude

42.2491

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments