847-780-8063
5430 Hillside Rd, Crystal Lake, IL for Sale
Assisted Livings - FOR SALE
1/3
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5430 Hillside Rd
Crystal Lake, IL 60012
East Suburban McHenry


HIGHLIGHTS

  • Receivership sale opportunity with vacant possession allowing immediate implementation of a new operating strategy.
  • Recently renovated senior living facility with modernization completed in 2020.
  • Situated on a 5.11-acre site that provides substantial outdoor space and potential future expansion opportunities, subject to approvals.
  • Located just over one mile from Downtown Crystal Lake and the Crystal Lake Metra Station.
  • Positioned within an established residential community supported by strong household incomes and a substantial surrounding population base.
  • Nearby national retailers and daily-service amenities enhance convenience for residents, staff, and visiting family members.

OVERVIEW

5430 Hillside Road presents a receivership sale opportunity for a recently renovated senior living facility in Crystal Lake, Illinois, one of the Chicago metropolitan area's established northwest suburban communities. Situated on a 5.11-acre site, the property features a licensed assisted living layout with seven residential units and twelve beds, including a mix of companion and studio accommodations. Originally constructed in 1973 and substantially renovated in 2020, the facility offers a modernized environment that can support future operations, repositioning strategies, or alternative residential care uses, subject to buyer due diligence and applicable approvals. The property's location combines a quiet residential setting with convenient access to community amenities and transportation infrastructure. Positioned just over one mile from Downtown Crystal Lake and the Crystal Lake Metra Station, the asset benefits from connectivity to the broader Chicago region while maintaining a neighborhood-oriented environment preferred by many senior housing operators and residents. Everyday services, dining, shopping, and healthcare-related conveniences are readily accessible along the nearby Illinois Route 31 retail corridor. The surrounding trade area is supported by an affluent residential population and a strong household income base, characteristics that have historically contributed to demand for private-pay senior housing. National retailers including Target, Sam's Club, Mariano's, Jewel-Osco, Home Depot, Best Buy, and other established businesses are located nearby, providing convenience for residents, visitors, and staff. The property's sizable land area further distinguishes the opportunity by offering outdoor space and potential future expansion opportunities, subject to municipal review and approvals. With vacant possession and a recently completed renovation, the property offers investors and operators the ability to implement their own business plan within an established suburban market.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

E-1

APN/PARCEL ID

14-28-200-015

ASK ABOUT THIS PROPERTY

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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