338 Memorial Dr, Crystal Lake, IL 60014
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.