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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type Investment or Owner User
Sale Condition High Vacancy Property
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 5.00 AC
Building Size 5,200 SF
No. Beds 12
No. Stories 1
Year Built 1973
Zoning E-1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
14-28-200-015
Land Assessment
$68,255 CAD
Improvements Assessment
$255,610 CAD
Total Assessment
$323,865 CAD
  • Listing ID: 41359867

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 5430 Hillside Rd, Crystal Lake, IL 60012

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