650 Terra Cotta AveCrystal Lake, IL 60014

For Lease
$16/SF/YR
Property records and analytics
Prime location, divisible suites, drive-thru.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 15,990 square foot retail and office strip center in Crystal Lake, IL, offers a unique investment opportunity. The property, built in 2005, features two suites totaling 2,810 square feet of vacant space, divisible into smaller units. Unit 106, a 748 square foot inline space, boasts recent upgrades including vinyl flooring and an open floor plan with one bathroom. Unit 110, a 2,810 square foot end cap, presents a remarkable opportunity with a drive-thru window. Previously used as office/financial space, it includes four private offices, open clerical area, kitchen, and two bathrooms. This unit is divisible into two smaller spaces: Unit 110A (1,807 sq ft) and Unit 110B (1,003 sq ft), each with its own distinct layout and amenities. All units are available at $16 per square foot, triple net, with a pass-through cost of $6 per square foot. The property includes 64 parking spaces, 12-foot ceilings, and 200-amp power. The B2P zoning allows for a variety of uses. The property is conveniently located on the north side of Crystal Lake, minutes from Route 31 and Route 14, and the downtown business district. Prominent lighted monument signage enhances visibility. A minimum three-year lease term is preferred. The property's APN is 14-33-277-006, and property taxes are $3.45 per square foot.

Highlights

  • 15,990 SF retail/office strip center in Crystal Lake, IL, built in 2005.
  • 2,810 SF of vacant space divisible into smaller units.
  • Unit 106 (748 SF) features recent upgrades and an open floor plan.
  • Unit 110 (2,810 SF end cap) includes a drive-thru and is divisible into two smaller spaces.
  • $16/SF triple net lease rate, $6/SF pass-through costs, minimum three-year lease term.
  • 64 parking spaces, 12-foot ceilings, 200-amp power, B2P zoning.

Property Details for 650 Terra Cotta Ave

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
15,990 SF
Year Built
2005
Buildings
1
Stories
1

Unit(s) available at that property

Space
110
Size
2,810 SF
Rate per SF
$16
Space
#106
Size
748 SF
Rate per SF
$16

Location Insight

City
Crystal Lake
County
Mchenry
State
Illinois
Latitude
42.2493034
Longitude
-88.2971226
650 Terra Cotta Ave, Crystal Lake, Illinois

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FAQs

What type of property is this?
Neighborhood center - Prime location, divisible suites, drive-thru.
Where is the neighborhood center located?
The property is located at 650 Terra Cotta Ave Crystal Lake, IL.
What is the lease rate?
The lease rate is $16/SF/YR.
What are key features of this property?
This property features: 15,990 SF retail/office strip center in Crystal Lake, IL, built in 2005.; 2,810 SF of vacant space divisible into smaller units.; Unit 106 (748 SF) features recent upgrades and an open floor plan.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Heather Schweitzer
Heather Schweitzer
Michael Deacon
Michael Deacon
Visit Broker Website

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Terra Cotta Ave
Crystal Lake, IL 60014

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Terra Cotta Ave
Crystal Lake, IL 60014

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

650 Terra Cotta Ave
  • Heather Schweitzer
    Heather Schweitzer
  • Michael Deacon
    Michael Deacon
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