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3103 Il Route 176 12,343 SF Retail Building Crystal Lake, IL 60014 $2,092,484 CAD ($169.53 CAD/SF)
INVESTMENT HIGHLIGHTS
- Excellent access and visibility
- Newer construction with upscale features
- Affluent and growing area
EXECUTIVE SUMMARY
Newer retail center with upside potential! Currently occupied by Prairie Grove school district 46 (administrative offices) and a QSR drive-thru of 1,800 SF- Gianelli's which has been there for over 10 years. There is also the former tunnel/ full service car wash space that is available for rent and we are in discussions with potential tenants for portions of it. Great signalized corner location in an affluent area near Crystal Lake. Lots of curb appeal, plenty of parking, visibility and easy access.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,343 SF
Building Class
B
Year Built
2014
Price
$2,092,484 CAD
Price Per SF
$169.53 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.06 AC
Zoning
Commercial (B) - commercial
Parking
47 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Gianelli's Drive-thru
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- School district 46
- Educational Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Gianelli's Drive-thru | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| School district 46 | Educational Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 14-26-476-015 | Total Assessment | $413,272 CAD (2024) |
| Land Assessment | $194,006 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $219,266 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
14-26-476-015
Land Assessment
$194,006 CAD (2024)
Improvements Assessment
$219,266 CAD (2024)
Total Assessment
$413,272 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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3103 Il Route 176
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