440 Virginia StCrystal Lake, IL 60014

Property Details for 440 Virginia St

Year built

1907

Lot size

0.19 AC

Property size (Sq ft)

5,195 SF

Property type

Industrial properties

Property subtype

Other industrial properties

APN

19-06-284-012

APU

1906284012

Description

This exceptional 5,195 square foot storefront property at 440 W Virginia St in Crystal Lake, IL, presents a unique investment opportunity. Located in a thriving mixed-use neighborhood, this single-tenant building boasts a high-profile location along Northwest Highway, ensuring excellent visibility and accessibility. Built in 1907, the property sits on a 0.19-acre lot and is zoned B2 PUD (City of Crystal Lake), offering versatility for a range of retail uses. The building features a single story with 10'-11' clear ceiling height, providing ample space for various business configurations. Convenient rear employee parking and a rear service door enhance operational efficiency. The property benefits from a strong demographic profile, with an affluent population boasting an average household income exceeding $96,000 within a 3-mile radius. The asking price is $450,000, translating to $76 per square foot. Abundant parking is available, including a private lot and ample street parking. This is an ideal opportunity for an end-user or investor seeking a prime retail location in a desirable area. The property's size, location, and amenities make it an attractive investment with significant potential for growth and return.

• Alternative Use

  Use

  Valuation

  Residential

  $1,073,671

  Hospitality

  $983,477

  Educational

  $818,241

  Medical

  $846,382

  Retail

  $1,272,820

Location Insight

City

Crystal Lake

County

Mchenry

State

Illinois

Latitude

42.235

Longitude

-88.3368

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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