3103 Il Route 176 - Storefront FOR SALE


Crystal Lake, IL 60014- East Suburban McHenry
$1,399,000 USD
847-507-1759
3103 Il Route 176, Crystal Lake, IL for Sale
$1,399,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

3103 Il Route 176
Crystal Lake, IL 60014
East Suburban McHenry


HIGHLIGHTS

  • Located at a signalized intersection with visibility along Illinois Route 176.
  • Flexible zoning and permitted use options support a variety of retail, office, service, and specialty commercial users.
  • Ample on-site parking and pole signage enhance accessibility and business exposure.
  • Multi-tenant configuration provides opportunities for owner-users, investors, or businesses seeking expansion space.

OVERVIEW

3103 Illinois Route 176 presents an opportunity to acquire a multi-tenant retail center positioned at a signalized intersection in Prairie Grove, Illinois. The property consists of a five-unit retail center with a mix of occupied and vacant space, offering flexibility for an owner-user, investor, or value-add repositioning strategy. The center includes a restaurant tenant with a drive-thru operating on a month-to-month lease, while the remaining vacant units provide opportunities for lease-up and future income growth. The property's layout supports a variety of permitted commercial uses, including retail, office, and fitness-related operations. Special use allowances include automotive sales and service, veterinary clinics, and dog kennels, creating flexibility for future tenancy and business concepts. A former car wash space includes four drive-in doors, and equipment has been removed, allowing for redevelopment or adaptation to a range of commercial uses. Located along Illinois Route 176 at a signalized intersection, the property benefits from visibility, accessibility, and established traffic patterns. Ample on-site parking and pole signage further enhance exposure for tenants and visitors. The combination of existing tenancy, vacant space, flexible zoning, and seller financing consideration creates multiple pathways for investment and operational value creation.

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

B

APN/PARCEL ID

14-26-476-015

ASK ABOUT THIS PROPERTY

Bruce KaplanPremier Commercial RealtyMore Info
847-507-1759

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Bruce KaplanPremier Commercial RealtyMore Info
847-507-1759

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.