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5657 Northwest Hwy
Crystal Lake, IL 60014
Retail Property For Sale
Property Facts
About 5657 NORTHWEST HWY , CRYSTAL LAKE, IL 60014
Crystal Court Retail Center- 9,757 SF Multi-Tenant Retail Center, 5657 Northwest Highway, Crystal Lake Priced at $1,300,000 or $133 SF; well below replacement cost. Value-Add Opportunity for Owner User / Investor. 7,707 SF is currently available for lease or owner occupancy. Two national co-tenants (Jimmy John's and Top Driver). Long term leases with options and in-place rental income of $33,976. Adjacent 16 acres in Crystal Court Shopping Center (former Cub Foods and Wal-Mart) is under contract with national developer of MF Housing/Retail Developments. Current proposal consists of 300+ apartments and additional retail uses. Immediately south of Crystal Court Shopping Center is the Three Oaks Recreation Center consisting of 500 acre lake, beaches, restaurants, waterboard ski zip line, and walking trails. Situated along Northwest Highway in the heart of Crystal Lake's primary retail corridor. Numerous national retail and restaurant chains within 1 mile of site including Sam's Club, Jewel, Target, Kohl, Menards, Home Depot, Best Buy, Buffalo Wild Wings, Outback Steakhouse, Chilis, Chic Fil A, Texas Roadhouse, and future Mariano's grocery store.
