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71 N Williams St, Crystal Lake, IL 71 N Williams St 3,000 SF 100% Leased Retail Building Crystal Lake, IL 60014 $549,900 ($183.30/SF)
Investment Highlights
- Downtown Area
- 6 Parking Spaces
- Natural Light
Executive Summary
Great opportunity to own a mixed-use building in the heart of downtown Crystal Lake! The street-level storefront offers excellent visibility, strong foot traffic, and a walkable location surrounded by popular shops, restaurants, and community events. An attractive setup for long-term commercial tenancy. The second floor features a 2-bedroom residential unit, providing an additional income stream or flexibility for an owner-occupant. With both spaces available, investors have the ability to lease at market rates or tailor the property to fit their investment strategy. A solid opportunity in one of Crystal Lake's most active and desirable downtown areas with strong long-term potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1912
Price
$549,900
Price Per SF
$183.30
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.82
Lot Size
0.08 AC
Zoning
B-4, Crystal Lake
Parking
3 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
23’ on N Williams St
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-32-480-044 | Improvements Assessment | $139,406 |
| Land Assessment | $25,444 | Total Assessment | $164,850 |
Property Taxes
Parcel Number
14-32-480-044
Land Assessment
$25,444
Improvements Assessment
$139,406
Total Assessment
$164,850
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71 N Williams St, Crystal Lake, IL | 71 N Williams St
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