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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    338 Memorial Dr, Crystal Lake, IL 60014

    8,032 SF 1.1 ac lot Built 1996
    Entity Owned Free & Clear
    Property ID
    US28-0655125
    Property summary
    AI-generated overview

    This exceptional 1,871 square foot office space, located at 338 Memorial Drive, Unit B, Crystal Lake, is perfect for a single tenant. Built in 1996, this traditional office space within a larger 8,032 square foot building offers a versatile layout ideal for various business needs. The space includes three private offices, providing ample room for individual work or executive suites, complemented by an open work/conference area for collaborative projects and meetings. Two private restrooms add to the convenience and privacy. The property boasts ample parking both in front and behind the building, ensuring easy access for employees and clients. This location offers easy access to major thoroughfares, making commuting a breeze. The surrounding area features an affluent population with an average household income exceeding $102,688 within a two-mile radius, presenting a strong potential customer base. The property's classification as a traditional, executive, and creative office space highlights its adaptability to a wide range of businesses. This is a rare opportunity to secure a well-appointed, conveniently located office space in a desirable area. The total building size is 8,032 square feet, with 1,871 square feet currently available for lease. Don't miss this chance to establish your business in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1996
    Total area 8,032 SF
    Lot 1.1 ac (47,916 SF)
    APN 19-04-301-013
    UPID US28-0655125
    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
    by Request
    CAP Approach CAP
    $1.28M
    Comparable Approach Comparable
    $1.50M
    Blend (final) Blend
    $1.29M
    Owner & transaction history
    Nami Of Mchenry County Illinois
    Nami Of Mchenry County Illinois
    since 2025
    Last sale
    $1.3M
    6 recorded transactions
    2025
    $1.3M
    2021
    2016
    $900,000
    2002
    $1.6M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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