847-485-1797
3504 S Virginia, Crystal Lake, IL for Sale
Truck Terminal - FOR SALE
1/32
null | Request Cap Rate

3504 S Virginia
Crystal Lake, IL 60014
East Suburban McHenry


HIGHLIGHTS

  • 3504 S Virginia Road presents users and investors with a 10-acre truck terminal improved with four freestanding warehouses totaling 25,988 SF.
  • Property boasts convenient points of ingress and egress, a 15’ clear height, prominent signage opportunities, and 16 total drive-in doors.
  • This prime location is within five minutes of Highway 31 and 14, 20 minutes of I-90, and 40 minutes of the Chicago O’Hare International Airport.
  • Sits near major area manufacturing and logistics employers, including Stryker, Snap-on Tools, Medela, Knaack, and Aptar Group.
  • 5-mile daytime employment of over 54,000, with 34% employed in trade, transportation, utility, and manufacturing segments.
  • Within five minutes of national brands including Target, Sam’s Club, Best Buy, Aldi, Petco, Kohl’s, Planet Fitness, and many more.

OVERVIEW

Meet the growing demand of a booming industry with the flexible industrial campus, including several freestanding warehouses and a large truck terminal at 3504 S Virginia Road in Crystal Lake, Illinois. The easily accessible 10-acre lot sits along the Virginia Road industrial corridor, placed just five minutes from Highways 31 and 14, and within 20 minutes of Interstate 90. The property, totaling 25,988 square feet, was originally constructed in 1989 and improved with four warehouses. The campus is equipped with desirable features, including a 15-foot clear height, a total of 16 drive-in doors, and opportunities for highly visible tenant or building signage. Users and investors will benefit from this exceptional opportunity. The property allows a manufacturing or logistics business to secure vital space for its operations within a performing industrial hub. Investors will also find immense upside through the leasing of the buildings as individual suites or engaging a new monetization strategy for the gravel lot. Parking and storage scarcity has emerged as the primary challenge for the industry across the country, with the American Trucking Associations and Owner-Operator Independent Drivers Association citing that 98% of drivers report problems finding safe parking. The terminal at 3504 S Virginia Road provides badly needed supply in a region with constant demand, allowing investors to capture strong local market trends. McHenry County’s Industrial Submarket has displayed declining vacancy rates, already below the greater market, falling 4.3% year over year, and rents jumping 22.8% over the past three years. 3504 S Virginia Road is strategically located within the main industrial node of Crystal Lake, a thriving exurban and suburban enclave located 45 miles northwest of Chicago and the largest city in the McHenry collar county. The city is known as a critical hub for the manufacturing, metalworking, agriculture, and gravel mining industries. The terminal’s prime location places it near the city’s largest employers, including Styker, Snap-on Tools, Medela, Knaack, and Aptar Group. Employees of 3504 S Virginia Road will also enjoy quick access to Crystal Lake’s best shopping, dining, and recreation opportunities. The Crystal Lake Strip, the area’s primary retail corridor, is just five minutes away, with national brands like Target, Sam’s Club, Best Buy, Aldi, Petco, Kohl’s, Planet Fitness, and many more. In addition to the dozens of local parks, workers can quickly reach lush green spaces at the nearby Three Oaks Recreation Area, The Cary Country Club, Walnut Hollow Disc Golf, and fishing at Lake Defiance and the Fox River. The combination of Crystal Lakes' relaxed suburban atmosphere and its position as a critical logistics hub has made the city a popular residential hub, offering a robust demographic profile in a 5-mile radius of 3504 S Virginia Road. The population of more than 146,000 provides daytime employment above 54,000, with over 34% employed in trade, transportation, utilities, or manufacturing segments, ensuring a stable talent pipeline of qualified employees. Locals enjoy an average household income exceeding $123,000 and 87% of residents currently own their homes, ensuring a high quality of life for workers. Become the newest fixture of this thriving Chicago MSA industrial hub with a high-demand asset with additional upside at 3504 S Virginia Road.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

16

PARKING SPACES

5

LAND DETAILS

LAND ACRES

10

LAND SF

435,600

ZONING

M

APN/PARCEL ID

19-16-200-003,19-16-400-019,19-16-400-020

ASK ABOUT THIS PROPERTY

Daniel IvanovDalani GroupMore Info
847-485-1797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Daniel IvanovDalani GroupMore Info
847-485-1797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.