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3103 Il Route 176 12,343 SF Retail Building Crystal Lake, IL 60014 $1,499,000 ($121.45/SF)
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
Sale Condition
Lease Option
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
B - commercial
Parking
47 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
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 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former car wash with tunnel, retail area, garage, offices and storage. All equipment has been removed.
Currently used as office space, but has been retail in the past. Divisible to 1,200 SF
Currently used as office space, formerly a full service salon
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,000 SF | Retail | End Cap | Now |
| 1st Floor | 3,600 SF | Retail | - | Aug 2026 |
| 1st Floor | 1,200 SF | Retail | - | Aug 2026 |
1st Floor
| Size |
| 6,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size |
| 3,600 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Aug 2026 |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Aug 2026 |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 6,000 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Former car wash with tunnel, retail area, garage, offices and storage. All equipment has been removed.
1st Floor
| Size | 3,600 SF |
| Space Use | Retail |
| Position | - |
| Available | Aug 2026 |
Currently used as office space, but has been retail in the past. Divisible to 1,200 SF
1st Floor
| Size | 1,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Aug 2026 |
Currently used as office space, formerly a full service salon
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 14-26-476-015 | Total Assessment | $293,286 (2024) |
| Land Assessment | $137,680 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $155,606 (2024) | Tax Year | 2025 |
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
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3103 Il Route 176
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