Categories
Retail
Restaurant
Bank Owned
About this property
INVESTMENT OPPORTUNITY
STRIP CENTER
Neighborhood strip center on busy Route 176. 6 current tenants plus 2 vacant units, currently being marketed by broker.
Proforma CAP Rate of 9.1%. Bank owned. Recent MAI appraisal on file at $2,090,000 as-is.
Ask broker for rent roll and operating statement.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 17,228 sqft
- Land Size
- 2.34 acres
- Sewer
- city
- Water
- city
- Zoning
- B2
- Electric
- 100 amp
- Year Built
- 2005
- Parking
- 100
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
540 E. Terra Cotta Avenue
Crystal Lake, Illinois 60012