For Sale
$450,000

440 Virginia St Crystal Lake, IL 60014

Prime Retail Space, 5195 SF, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 5,195 square foot storefront property at 440 W Virginia St in Crystal Lake, IL, presents a unique investment opportunity. Located in a thriving mixed-use neighborhood, this single-tenant building boasts a high-profile location along Northwest Highway, ensuring excellent visibility and accessibility. Built in 1907, the property sits on a 0.19-acre lot and is zoned B2 PUD (City of Crystal Lake), offering versatility for a range of retail uses. The building features a single story with 10'-11' clear ceiling height, providing ample space for various business configurations. Convenient rear employee parking and a rear service door enhance operational efficiency. The property benefits from a strong demographic profile, with an affluent population boasting an average household income exceeding $96,000 within a 3-mile radius. The asking price is $450,000, translating to $76 per square foot. Abundant parking is available, including a private lot and ample street parking. This is an ideal opportunity for an end-user or investor seeking a prime retail location in a desirable area. The property's size, location, and amenities make it an attractive investment with significant potential for growth and return.

Highlights

  • High-profile commercial building on Northwest Highway.
  • Suitable for single-tenant occupancy, owner-users, or investors.
  • Located in a mixed-use neighborhood with nearby established restaurants.
  • Features a rear employee parking lot and service door.
  • Strong demographics: Average household income over $96,000 within a 3-mile radius.
  • 10'-11' clear ceiling height.

Property Details for 440 Virginia St

Property type
Retail properties, Retail space
Square Feet
5,195 SF
Year Built
1907
Buildings
1
Stories
1
Lot Size (sq. ft)
8,276 SF
Units
1

Location Insight

City
Crystal Lake
County
McHenry
State
Illinois
Latitude
42.2349772
Longitude
-88.3367976

FAQs

What type of property is this?
Retail property - Prime Retail Space, 5195 SF, High Traffic Area
Where is the retail property located?
The property is located at 440 Virginia St Crystal Lake, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: High-profile commercial building on Northwest Highway.; Suitable for single-tenant occupancy, owner-users, or investors.; Located in a mixed-use neighborhood with nearby established restaurants.
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.
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440 Virginia St
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