Check Availability
$214,990
Land - For Sale

454 W Terra Cotta Avenue

Crystal Lake, IL 60014
bedrooms
Studio
bathrooms
0 Bath
$1,410
Estimated Monthly
1.93%
Cap Rate

About This Property

Presenting an exclusive opportunity to acquire 1.84 acres of prime commercial land in Crystal Lake, situated along the bustling Route 176. This rare offering includes two adjoining parcels, totaling 80,150 square feet, and is zoned B2 for versatile development possibilities. Boasting the convenience of city water and sewer connections, this property is impeccably positioned for a variety of uses, from retail to office space, and even multi-family residences. Its strategic location and ample size make it an ideal canvas for a Planned Unit Development (PUD), offering endless potential for visionary investors and developers. Seize the chance to become part of Crystal Lake's thriving commercial landscape with this remarkable investment opportunity. Owner is also very open to different possibilities and partnerships. Owner is also open to seller financing, and will listen to any idea.
Unit Size
-
Days on Market
16 days
Land Size
1.84 acres
Price per sqft
-
Property Type
Land
Property Taxes
$354
HOA Dues
-
Year Built
-

Listed By

Last updated: 2 days ago (MRED MLS #MRD12068910)

Price History

Date / Event Date Event Price
May 31, 2024 No longer available -
No longer available
May 29, 2024 Listed by Realty One Group Excel $214,990
Listed by Realty One Group Excel
May 17, 2024 Price Decreased $219,000
↓ $6K (2.7%)
Price Decreased
Mar 6, 2024 Listed by Realty One Group Excel $225,000
Listed by Realty One Group Excel
Presenting an exclusive opportunity to acquire 1.84 acres of prime commercial land in Crystal Lake, situated along the bustling Route 176. This rare offering includes two adjoining parcels, totaling 80,150 square feet, and is zoned B2 for versatile development possibilities. Boasting the convenience of city water and sewer connections, this property is impeccably positioned for a variety of uses, from retail to office space, and even multi-family residences. Its strategic location and…
Apr 28, 2005 Sold to Development Group Inc Claus $255,000
Sold to Development Group Inc Claus

Property Highlights

Exterior Details

Property Information

Property Type: Land

Building Information

Special Conditions: None

Lot Information

Lot Size Acres: 1.84
Lot Size Dimensions: 213X380X213X380
Financial Details
Tax Year: 2022
Tax Annual Amount: $4,245

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HALES OAK STREET ACRES
  • Land Acres: 0.91
  • Legal Description 1: DOC 2021R0049619 LT 36 HALES OAK STREET ACRES

Ownership

  • Current Owner : PATEL HIMANSHU
  • Previous Owner : COUNTY OF MCHENRY
  • Owner Before Previous Owner: LAMBRUSHI PHILLIP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 870807

Geography

  • Parcel: 14-31-276-037
  • Block: 276
  • Lot: 36
  • Municipality: NUNDA TWP
  • Latitude: 42.2485
  • Longitude: -88.338

    Address

  • Full Address: 454 W Terra Cotta Ave
  • Address - House Number: 454
  • Street Direction: W
  • Address - Street Name: Terra Cotta
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: C017
  • 4-Digit Zip Code: 3435
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,123
  • Tax Rate Code Area: 14001

    Market Valuation

  • Market Total Value: $66,309
  • Market Land Value: $66,309

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,103
  • Assessed Land Value: $22,103

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Transaction ID: 11827720409
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2021R0017161
  • Previous Sale Recording Date: Apr 28, 2005
  • Previous Sale Contract Date: Apr 19, 2005
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$175,000 Jun 27, 2023
-
$284/mo
In Contract
House
2 Beds
1 Bath
1,081 ft²
$176/ft²
$190,000 Mar 6, 2024
-
$464/mo

About Leonard Heights


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Nearby Rentals



Frequently Asked Questions

When was property at 454 West Terra Cotta Avenue built and last sold?
The property at 454 West Terra Cotta Avenue was built in and last sold on Mar 12, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 454 West Terra Cotta Avenue is $217,140.
What are some comparable homes to 454 West Terra Cotta Avenue?
There are currently no comparable homes to 454 West Terra Cotta Avenue.

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