The commercially zoned vacant land at 5905 Route 31 in Crystal Lake, IL, is strategically positioned within a thriving and expanding market. Crystal Lake boasts a population of approximately 40,000 residents and is part of a broader trade area encompassing over 125,000 individuals within a five-mile radius. Why Crystal Lake? • Annual retail sales exceed $1.4 billion, highest retail sales within a 10-mile radius • Top 20 retail market in the Chicagoland area. • Strong Average Household income of $106,989 • Business Friendly Community with numerous incentives available • Low property tax rate for the area of only 1.048% Strategic Advantages of the Location High Visibility and Accessibility: Situated along Route 31, the site offers excellent visibility and access, attracting significant vehicular traffic. Proximity to Residential Developments: The area is experiencing residential growth, including projects like the 304-unit Redwood townhomes and the 99-unit Enclave development, indicating a rising customer base. Proximity to New Hospital: The new $105 million MercyHealth Medical center is located less than 2 miles south of the property on Route 31 Improvements In Place: With sewer and water at the site, mass grading complete, detention provided, and turn lanes constructed this property is ready to develop with significant cost savings over a “raw” parcel Ideal Uses/Retail Gaps While Crystal Lake has attracted a variety of national and regional retailers, certain sectors remain underrepresented, presenting opportunities for new entrants Entertainment and Leisure: The area lacks venues such as family entertainment centers, cinemas, and indoor recreational facilities, which could cater to families and young adults seeking local leisure options. Specialty Grocery Stores: Although the area hosts several grocery chains, there is room for specialty grocers focusing on organic, international, or gourmet products to serve niche markets. Home Improvement and Decor: With ongoing residential developments, retailers specializing in home furnishings, decor, and improvement supplies are seeing increasing demand from new homeowners. Medical Office/Health and Wellness Services: The growing population and emphasis on healthy living suggest demand for wellness centers, spas, and alternative medicine clinics.