Illinois / Crystal Lake / 60014 / 1600 North Avenue

1600 North Avenue

Q: What is the asking price for 1600 North Avenue in Crystal Lake?

The asking price for 1600 North Avenue is $1,599,900

Q: What is the building size of this Multifamily property in Crystal Lake, IL?

The size of the building/unit at 1600 North Avenue in Crystal Lake is 9,977 square feet.

Q: How much land does the Crystal Lake, IL property at 1600 North Avenue include?

1600 North Avenue in Crystal Lake includes 2.500 acres of land.

Q: What is the population within 1 mile of 1600 North Avenue?

The population within 1 mile of 1600 North Avenue Crystal Lake, IL 60014 is 4,962 people.

Q: Who do I contact for questions about 1600 North Avenue?

You should contact the listing agent, Bruce Kaplan , for any details regarding this commercial listing.

Crystal Lake, IL 60014

Listing ID: 272880

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Building Size: 9,977 SF

Lot Size: 2.500 AC

Land Size: 152,460 SF

Building $/SF: $160.36

Land $/SF: $10.49

Price

$1,599,900

Property Highlights

16-17 Income Producing Units

Building Sizes Varies

Year Built Varies

RE Taxes $22,832.02 (2021)

Insurance $7,008

Percent Leased 100%

Current NOI $138,362

CAP Rate 8.9% Actual 9.8% Proforma

PIN # 18-02-265-001

Description

16 Residential income producing units consisting of (5) single family homes, (4) duplexes, (1) Triplex, plus a separately leasable garage with office – used as a car dealership. Zoning is B-1. Buildings are all considered legal non-conforming, (2) wells, (6) septic tanks, (3) lift stations. Several of the units have been completely rehabbed. ($185K in capital improvements in the last 3 years)
8.9% CAP rate. Proforma CAP rate is 9.8% bringing rents on certain units to market. Contact broker for rent roll and operating statement.

CONTACT AGENT

Attachments & Files

spec-1600-north-ave-SO1-IcZ.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 1600 North Avenue Crystal Lake, IL 60014

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		4,962	42,818	103,775
Population Median Age		36	38	38
Population by Age	0-9 Yrs	805 (16%)	5756 (13%)	13669 (13%)
	10-19 Yrs	652 (13%)	6212 (14%)	15579 (15%)
	20-29 Yrs	639 (12%)	4792 (11%)	11561 (11%)
	30-39 Yrs	688 (13%)	5436 (12%)	12983 (12%)
	40-49 Yrs	543 (10%)	5866 (13%)	15305 (14%)
	50-59 Yrs	797 (16%)	7319 (17%)	15973 (15%)
	60-69 Yrs	532 (10%)	3919 (9%)	10066 (9%)
	70+ Yrs	307 (6%)	3520 (8%)	8638 (8%)

Median HH Income		$80,553	$97,068	$94,916
Total Household Income	< 24K	123 (7%)	1008 (6%)	2917 (7%)
	25-49K	315 (18%)	2055 (13%)	4864 (13%)
	50-74K	353 (20%)	2236 (14%)	5914 (16%)
	75-99K	250 (14%)	2476 (16%)	5739 (15%)
	100-199K	408 (24%)	5374 (35%)	12912 (35%)
	200K+	244 (14%)	1821 (12%)	4188 (11%)

Highest Education Level	No Diploma	221	1512	3650
	Diploma or GED	736	5877	15081
	Some College	744	6397	15040
	Assoc. Degree	296	2551	6447
	Bachelors Degree	823	7837	18859
	Higher Degree	328	4131	9204

Total Housing Units		1,817	15,716	38,225
--Owner-Occupied		1,406	12,507	29,934
--Renter-Occupied		286	2,463	6,600
Owner-Occupied Values	< 100K	110	612	1321
	100-199K	552	3257	8107
	200-299K	320	5646	12598
	300-399K	187	1829	5480
	400-499K	118	694	1418
	500K+	120	468	1010

Total Working Age Population		3,742	33,281	80,650
In Work Force		2,627	24,227	58,345
Not In Work Force		1,115	9,053	22,305
Workforce Employed		2,503	23,352	56,162
Workforce Unemployed		124	865	2,159
Civlian Workforce		2,627	24,217	58,321
Military Workforce		0	10	23

Total Households		1,692	14,970	36,533
Family Households		1,439	11,829	28,078
Non-Family Households		254	3,141	8,456
Married Couple		1,064	9,643	23,231
Other Family		374	2,185	4,847
Married w/Child		554	4,533	11,010
Single Male w/Child		7	374	719
Single Female w/Child		207	854	2,030

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
McHenry County	260,077	+19	308,760	+32	407,931	+9	443,398

Common Questions and Answers

What is the asking price for 1600 North Avenue in Crystal Lake?

The asking price for 1600 North Avenue is $1,599,900

What is the building size of this Multifamily property in Crystal Lake, IL?

The size of the building/unit at 1600 North Avenue in Crystal Lake is 9,977 square feet

How much land does the Crystal Lake, IL property at 1600 North Avenue include?

1600 North Avenue in Crystal Lake includes 2.500 acres of land

What is the population within 1 mile of 1600 North Avenue in Crystal Lake?

The population within 1 mile of 1600 North Avenue Crystal Lake, IL 60014 is 4,962 people.

Who do I contact for questions about 1600 North Avenue?

You should contact the listing agent, Bruce Kaplan , for any details regarding this commercial listing.

Other Listings for Sale Nearby

Closest Commercial Airports

Airport	Distance (mi)	Directions
Chicago O'Hare International Airport (ORD)	30
Chicago Rockford International Airport (RFD)	37
Chicago Midway International Airport (MDW)	45

1600 North Avenue

Crystal Lake, IL 60014

Property Highlights

Description

CONTACT AGENT

Attachments & Files

Points of Interest & Demographic Radii

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Crystal Lake Area Market Trends

Listing Demographics for 1600 North Avenue Crystal Lake, IL 60014

Common Questions and Answers

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Closest Commercial Airports

Bruce Kaplan

Premier Commercial Realty

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CONTACT AGENT

Kevin Kaplan

Premier Commercial Realty

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