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Highlights

  • Prime location on Route 31 with exceptional visibility.
  • Directly across from Mercy Health Hospital for built-in traffic.
  • High daily traffic count of nearly 32,000 vehicles.
  • Flexible space options including endcaps and drive-thru.
  • Surrounded by leading national retailers and strong co-tenancy.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,000-4,300 SF
  • Negotiable
  • $41.91 CAD/SF/YR $3.49 CAD/SF/MO $180,234 CAD/YR $15,019 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
2026-07-01

COMPLETING CONSTRUCTION SOON!! Come take advantage of the high traffic and high visibility of being across the street from Walmart and the MercyHealth Hospital campus! Design your space exactly as you like, with exactly the right square footage. Join our newest tenant, Beef Shack!

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
Space Size Term Rental Rate Rent Type
1st Floor 1,000-4,300 SF Negotiable $41.91 CAD/SF/YR $3.49 CAD/SF/MO $180,234 CAD/YR $15,019 CAD/MO Triple Net (NNN)

1st Floor

Size
1,000-4,300 SF
Term
Negotiable
Rental Rate
$41.91 CAD/SF/YR $3.49 CAD/SF/MO $180,234 CAD/YR $15,019 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
2026-07-01

COMPLETING CONSTRUCTION SOON!! Come take advantage of the high traffic and high visibility of being across the street from Walmart and the MercyHealth Hospital campus! Design your space exactly as you like, with exactly the right square footage. Join our newest tenant, Beef Shack!

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 4,300 SF
Min. Divisible 1,000 SF
Property Type Retail
Gross Leasable Area 5,880 SF
Year Built 2026
Construction Status Under Construction

About the Property

Position your business in one of Crystal Lake’s most dynamic retail corridors. This proposed 5,880 SF retail building offers flexible configurations, including inline spaces and an endcap, joining the new Beef Shack restaurant. Located directly across from MercyHealth Hospital, kitty corner from Walmart, and adjacent to Thornton’s, the site benefits from a steady flow of employees, patients, and visitors, ensuring consistent customer traffic. With over 60,000 vehicles per day (combined), this property delivers exceptional visibility and accessibility. The surrounding area is anchored by major national retailers such as Walmart, Target, Starbucks, and Toyota, creating a strong draw for shoppers and reinforcing the site’s retail synergy. The 0.99-acre parcel provides ample space for parking and circulation, making it ideal for restaurants, medical practices, and service-oriented businesses seeking a high-profile location. Demographics underscore the opportunity: over 132,000 residents within five miles and average household incomes exceeding $120,000. This combination of affluent consumers and robust traffic counts positions your business for success in a thriving commercial hub.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Nearby Major Retailers

Toyota
Starbucks
BMO
Woodforest National Bank
Outback Steakhouse
Texas Roadhouse
Portillo's
Noodles & Company
Chili's Grill & Bar
Mcalister's Deli
  • Listing ID: 37922748

  • Date on Market: 2024-02-02

  • Last Updated:

  • Address: 944 State Rte 31, Crystal Lake, IL 60014

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