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71 N Williams St
Crystal Lake, IL 60014
71 N Williams St, Crystal Lake, IL · Retail Property For Sale
Investment Highlights
- Downtown Area
- 6 Parking Spaces
- Natural Light
Executive Summary
Great opportunity to own a mixed-use building in the heart of downtown Crystal Lake! The street-level storefront offers excellent visibility, strong foot traffic, and a walkable location surrounded by popular shops, restaurants, and community events. An attractive setup for long-term commercial tenancy. The second floor features a 2-bedroom residential unit, providing an additional income stream or flexibility for an owner-occupant. With both spaces available, investors have the ability to lease at market rates or tailor the property to fit their investment strategy. A solid opportunity in one of Crystal Lake's most active and desirable downtown areas with strong long-term potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1912
Price
$763,157 CAD
Price Per SF
$254.39 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.82
Lot Size
0.08 AC
Zoning
B-4, Crystal Lake
Parking
3 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
23’ on N Williams St
Property Taxes
| Parcel Number | 14-32-480-044 | Improvements Assessment | $193,774 CAD |
| Land Assessment | $35,367 CAD | Total Assessment | $229,141 CAD |
Property Taxes
Parcel Number
14-32-480-044
Land Assessment
$35,367 CAD
Improvements Assessment
$193,774 CAD
Total Assessment
$229,141 CAD
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