8200 Ridgefield Rd 133,529 SF 100% Leased Industrial Building Crystal Lake, IL 60012 $10,000,000 ($74.89/SF)
INVESTMENT HIGHLIGHTS
- 8200 Ridgefield Road is a 133,529-square-foot industrial manufacturing facility with an efficient floor plan and high ceilings.
- Strategically located in McHenry County among a rapidly growing population within a 2-hour drive of the Port of Milwaukee.
- Rail-served property with serviced rail directly into the building.
- Features a 21-foot clear ceiling height, 16 dock-high doors, one drive-in bay, and ample on-site car and trailer parking.
- Convenient connection to Highway 14 with seamless access to Interstates 90 and 43, Chicago, and Chicago O'Hare International Airport.
- Significant Power on-site: 480V, 3 Phase
EXECUTIVE SUMMARY
Investors will benefit from the property's secure, strategic location, significant surrounding infrastructure, and growing community. 8200 Ridgefield Road is incredibly secure with a gated and fenced-in site. Located in McHenry County, this area is experiencing rapid population growth, contributing to the budding strong local demographics.
8200 Ridgefield Road's positioning just off the main area thoroughfare of Highway 14 grants it superior connectivity and visibility, enhancing its efficacy for a wide range of uses. Highway 14 connects seamlessly to Interstates 90 and 43, into Downtown Chicago, Wisconsin, and beyond. Chicago O'Hare International Airport is less than an hour's drive away, and the Port of Milwaukee is within a two-hour drive, supporting logistical needs.
For additional information please contact Craig Steagall at craig@woolf1.net
PROPERTY FACTS
| Price | $10,000,000 |
| Price Per SF | $74.89 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 31.48 AC |
| Rentable Building Area | 133,529 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 0.96/1,000 SF |
| Clear Ceiling Height | 21’ |
| No. Dock-High Doors/Loading | 16 |
| No. Drive In / Grade-Level Doors | 1 |
ABOUT MCHENRY COUNTY
McHenry County is one of five collar counties of the Chicago metropolitan area. Over 60% of the county’s acreage is devoted to nature preserves and farming. Long known for its rural charm, McHenry County is currently experiencing rapid population growth rates as the exurban lifestyle explodes in popularity. As proof, despite its agricultural roots, the household median income is only 3% lower than Lake County’s and more than 17% more than Chicago’s overall household income.
Although most residents are employed in heavily office using industries, over 30% of residents work in the manufacturing, trade, transportation, and warehousing business sectors. Hardware retailer True Value leases almost 2 million square feet for warehousing (Harvard) and manufacturing (Cary) facilities, while medical device manufacturer Sage Products/Stryker occupies approximately 600,000 square feet in Cary. Just across the county line yet still in Huntley, are two warehouses at 1.2 million and 629,000 square feet, respectively, for the e-retailer giant Amazon.
Playing off these strengths, McHenry Community College in Crystal Lake hosts the annual Manufacturing Pathways Consortium meeting, where more than 200 local manufacturers and community partners come together to learn about technological advances and training for the manufacturing sector. The college is also building the Foglia Center for Advanced Technology and Innovation with a 2024 delivery date. To fill skills gaps for area employers, the center will offer courses in welding, fabrication, robotics, and mechatronics, plus a small business incubator.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
NEARBY AMENITIES
HOTELS |
|
|---|---|
| Comfort Inn |
57 rooms
10 min drive
|
| Country Inn & Suites by Choice |
80 rooms
11 min drive
|
PROPERTY TAXES
| Parcel Number | 14-30-300-011 | Improvements Assessment | $379,321 |
| Land Assessment | $137,491 | Total Assessment | $516,812 |
ZONING
| Zoning Code | I-1 (Heavy Industrial) |
