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3103 Il Route 176 12,343 SF Retail Building Crystal Lake, IL 60014 $1,499,000 ($121.45/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent access and visibility
  • Newer construction with upscale features
  • Affluent and growing area

EXECUTIVE SUMMARY

Newer retail center with upside potential! Currently occupied by Prairie Grove school district 46 (administrative offices) and a QSR drive-thru of 1,800 SF- Gianelli's which has been there for over 10 years. There is also the former tunnel/ full service car wash space that is available for rent and we are in discussions with potential tenants for portions of it. Great signalized corner location in an affluent area near Crystal Lake. Lots of curb appeal, plenty of parking, visibility and easy access.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,343 SF
Building Class
B
Year Built
2014
Price
$1,499,000
Price Per SF
$121.45
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.06 AC
Zoning
Commercial (B) - commercial
Parking
47 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
340’ on IL Route 176

AMENITIES

  • Signage
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Gianelli's Drive-thru
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • School district 46
  • Educational Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Gianelli's Drive-thru Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum -
School district 46 Educational Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-26-476-015
Land Assessment
$137,680 (2024)
Improvements Assessment
$155,606 (2024)
Total Assessment
$293,286 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 37524402

  • Date on Market: 9/3/2025

  • Last Updated:

  • Address: 3103 Il Route 176, Crystal Lake, IL 60014

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