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5657 NORTHWEST HWY Crystal Lake IL 60014

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Details
Property Type Retail
Sub Type Shopping Center
Building SqFt 9,757
Year Built 1991
Days on Market ******
Latitude 42.2251
Longitude -88.3093

Property History

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Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description
Crystal Court Retail Center is a 9,757 square foot multi-tenant retail building in Crystal Lake, Illinois. An out lot in the greater 34 acres Crystal Court Shopping Center, the subject property is situated along Crystal Lake’s primary Northwest Highway retail corridor. Northwest Highway is a major east-west state highway providing easy access to major shopping hubs, schools, residential neighborhoods, and commuter rail service. Sam’s Club is directly across the street along with the Crystal Point Shopping Center that is home to Best Buy, World Market, Bed, Bath & Beyond, Starbucks, Panera Bread, Potbelly’s, Arby’s, Five Guys Burgers, and Boston Market. There is a plethora of other national and local retailers lining both sides of Northwest High-way, including: Target, Buffalo Wild Wings, Kohl’s, Barnes & Noble, Jewel-Osco, Walgreens, Planet Fitness, Menards, Hobby Lobby, and a future Mariano’s Grocery Store.


Investment Highlights
  • Excellent Location Situated Along Northwest Highway in the Heart of Crystal Lake’s Retail Corridor
  • Numerous National Retailers and Restaurant Chains Surround the Property
  • Ideal for Owner/User or Investor with Value Add Opportunity
  • Long Term Net Leases with Jimmy John’s, Salon Cora, and Top Driver
  • Affluent Population Surrounding the Property with Average Household Income Exceeding $96,000 Within 3 Mile Radius
  • Approaching 30,000 Vehicles Per Day on Northwest Highway
  • Approximately $96,000 in Existing Rental Income
  • Stoplight Controlled Access with Multiple Access Points
  • Proposed Mixed Use Retail / Residential Development with 300+ Apartments Immediately Adjacent to the Property

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
TB
Tim Billimack PRO
•••.•••.0196
••••••ackt@•••••.com
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Comparable Properties

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Rental Market Overview

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Crystal Lake, IL median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Crystal Lake, IL (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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