7105 South Virginia Road, Crystal Lake, IL 60014 For Sale

Investor opportunity to acquire a versatile asset with upside potential. Featuring 24 commercial condo units in a established and growing neighborhood, this property is positioned for an investor looking to execute a buy-and-flip or lease-up strategy.

Investment Highlights

• Significant Value-Add Upside (Light Cosmetic Refresh): 24 Units (various sizes) some needing various degrees of cosmetic remodel and modernization. Refresh will boost the asset's aesthetic appeal, allowing an investor to command an increased resale pricing or higher market rents.

• Individual Resale Potential: Because the property is already legally structured as 24 individual condo units, investors enjoy flexibility in a fractionalized resale strategy—selling units individually to owner-users or small investors—or sell the entire portfolio as a stabilized, cash-flowing asset.

• Location in a Growing Neighborhood: Situated in one of the area’s fastest growing neighborhoods, Crystal Lake boasts multiple new multi-tenant communities currently planned or under construction. The property benefits from excellent visibility, strong local economic drivers, and close proximity to major transit routes and local amenities.

• Ample Parking & Accessibility: Site features ample parking space for tenants, employees, and clients. This ensures high tenant retention and seamless daily operations.

• Diversified Risk Across 24 Units: The multi-unit structure naturally mitigates vacancy risk. Investors aren't reliant on a single anchor tenant, providing a stable financial cushion during the minor renovation phase.