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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Industrial properties
7502 Main St, Crystal Lake, IL 60014-8045
Individually Owned
1-yr Hold
Free & Clear
Property ID
US28-3654938
Property summary
AI-generated overview
Exceptional 9.08-acre commercial land parcel in Crystal Lake, IL, available for $2,250,000. This property boasts a prime location adjacent to the Three Oaks Recreation Center, featuring a wakeboard park, beaches, marina, restaurants, picnic pavilions, and walking trails. The high-traffic area sees 14,800 vehicles daily on Main Street, 9,450 on Virginia Road, and 26,630 on James R Rankow Road, presenting significant development potential. The City of Crystal Lake actively encourages mixed-use development, including retail, restaurants, hotels, entertainment, and residential options. The property's APN is 19-09-100-029, and the annual property taxes are $24,777. This presents a unique opportunity for investors seeking high-visibility commercial development in a thriving recreational area. The property's zoning and potential uses should be verified independently. Contact us today to explore this exceptional investment opportunity.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
9.08 ac (395,525 SF)
APN
19-09-100-029
UPID
US28-3654938
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Tpg Av Ehc III Len Multi State 4 Ll · 1 yrs held
Tpg Av Ehc III Len Multi State 4 Ll
since 2025
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Crystal Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$28,753
Tax year 2022
Assessed value
$281,833
Assessed 2022
Previous assessed
$281,833
+0.0% YoY
Effective rate
10.20%
On assessed value
Assessed land
$281,833
Land market value
$845,499
Total market value
$845,499
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
9.08 ac (395,525 SF)
APN
19-09-100-029
UPID
US28-3654938
Jurisdiction
MCHENRY
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
9.08 ac
Current owner
From public records · entity-resolved
Tpg Av Ehc III Len Multi State 4 Ll
Individual
Free & Clear · 1 yrs held
Mailing address
286 MEMORIAL CT, CRYSTAL LAKE, IL 60014-6277
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
$2,250,000
Tpg Av Ehc III Len Multi State 4 Ll
Curran Group INC
Warranty Deed
—
Mar 20, 2014
$334,140
City Of Crystal Lake
Curran Group INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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