You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

448 Terra Cotta Ave Crystal Lake, IL 60014-3438

OFF-MARKET Commercial real estate Google Maps
3,334 SF 0.9 ac lot Built 1952
Entity Owned ~ Est. High Equity
Estimated value (blended)
$405k
Range $365k – $446k (±10%)
Property ID US28-0052881

Property summary

AI-generated overview

This exceptional two-story office building, constructed in 1952, presents a unique opportunity for owner-users or investors. Located on a prominent 0.9-acre lot along IL Route 176, the property boasts a total of 3,334 square feet across two suites. Currently, 1,300 square feet of readily available space is perfectly suited for a variety of professional office or service businesses. The existing layout includes three private offices, a reception/waiting area, and an open workspace, offering flexibility for customization. The building's B2 PUD zoning allows for potential expansion, capitalizing on the substantial land area. This prime location benefits from its proximity to a thriving mixed-use neighborhood, featuring established national and reputable retailers and restaurants. The surrounding area boasts a high-income demographic, with average household incomes exceeding $119,197 within a three-mile radius. The property is a single-tenant building, offering a unique opportunity for a business seeking a prominent location with ample space and growth potential. While there are no elevators, the two-story building offers convenient access. This is an ideal investment for those seeking a strong foothold in a desirable commercial area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1952
Total area 3,334 SF
Lot 0.9 ac (39,204 SF)
APN 14-31-276-038
UPID US28-0052881

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2025
Last sale
$365,000
7 recorded transactions
2025
$365,000
2008
$385,000
2008
Price N/A
2003
$275,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 448 Terra Cotta Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message