Location / Demand Information / Executive Summary
Market and Local Area Information / 4.5-6 Highway Service Business District

TERRA COTTA RETAIL CENTER

RETAIL SPACE FOR LEASE
New 10,000 SQ. FT. Shopping Center
Northeast corner of Illinois Route 176
And Knaack Blvd.
Crystal Lake, IL

Exclusive Marketing Agent:
Charles River Development Group
600 Dakota St. Suite B
Crystal Lake, IL 60012
815-477-3123

Location

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Demand Information

Northeast corner of 176 and Knack Blvd, Crystal Lake:

• Route 176 passing through Crystal Lake has a higher traffic count than any other point @ 17,000 cars average daily traffic. Terra Cotta Road has more than 7,000 cars per day. Traffic study done by Parsons, dated May 2002.
• New Metra train station located one mile Southeast along Terra Cotta Road accommodates approximately 2,000 vehicles in its parking lot.
• Terra Cotta Road was recently widened between Route 14 and Route 176 for increased traffic flow.
• To the northeast of the site along Terra Cotta Road and Pleasant Hill Road, there is a new 1,818 home residential development about 1.5 miles northeast extending north, northwest, and east (Terra Cotta Reality/Crown Community Development; Village of Prairie Grove).
• The Crystal Lake Business Center is located one mile southeast of the site. A 16 screen movie theater is also located near the site.
• Development within the Terra Cotta Tech Business Center includes: a new Kindercare daycare facility, five new office buildings including (Fox Valley Internal Medicine, McHenry County Mental Health, Options & Advocacy, Miller Dental, Consulting Advocates, Cairnstone Re, EIS Inc. , WIC LLC, IntegrationWorks Inc., and Basile Dental), three new industrial buildings including; Millennium Electronics, and two industrial condominium buildings housing (Northwest Herald Distribution Center, World of Monogramming, Carrs Automotive, International Auto Brokers, and S & S Automotive.). The newer 58-unit Sunrise Assisted living facility is ¼ mile east of the site on Route 176. New residential construction within one mile radius of the site targets middle to upper income families, and is generally priced at $300,000 to $400,000+.
• Some of the major employers in Crystal Lake in the immediate area include: Knaack Manufacturing (1 block west) who employs 400 people; Precision Twist Drill Co. (¼ mile west) who employs 500 people; Terra Cotta Industries (1 ½ miles northeast) who employs 258 people; Power Conversion Products (1/2 mile southwest) who employs 175 people; General Kinematics Corporation (1 mile southeast) who employs 124 people.
• Recreational facilities in the area include; Spikes Sports Center (1 ½ miles southeast); Crystal Ice House (¼ mile southwest); Crystal Bowl (¾ mile east).
• Major growth in the surrounding communities to the west (Woodstock, Lakewood, Huntley, Harvard, Marengo etc.) provides an increased commuter flow along Route 176 in Crystal Lake.
• There are several subdivisions northeast of the site in unincorporated Crystal Lake. Typically this is an upscale area north of Crystal Lake. Currently these residents are forced to travel to Route 14 for their shopping needs that would be served by retail venues at this location. Residential development in this area is still ongoing.

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Executive Summary

Location
Northeast corner of Illinois 176 and Knaack Boulevard. This is within the City of Crystal Lake, McHenry County, Illinois. The intersection is located ¾ mile west of Illinois Route 31, and 1 ½ miles north of US Route 14.

Physical Description
The building is to be a 10,000 square foot one-story shopping center on 2.34 acre land site, with a second phase to be a 9,000 square foot building directly adjacent to the first. Spaces are to range from 1,257 square feet to 1,788 square feet. Units may be combined. The construction will be masonry type with 11’-4” clear ceilings, aluminum glass storefronts, and covered awnings. Building will have exterior ornamentation and attractive contemporary lighting. Completion scheduled for fall 2004.

Access
Access to/from both Illinois Route 176 as well Knaack Boulevard will be provided.

Zoning
The site is zoned B-2 PUD: Highway Service Business District Planned Unit Development. Permitted uses within the B-2 zoning district include a wide variety of business uses, including retail uses, food services, offices, financial institutions, commercial service, personal service, and automotive uses.

Lease Rates
For information please call Bo Strom at 815-477-3123.

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Market and Local Area Information

Demographics (Source: Claritas, Inc., Illinois Census)

The site is located in Crystal Lake, Illinois in McHenry County. According to the US census in 2000 the population was 38,000 and saw a population growth of 55% from 1990-2000, and a growth of 104% from 1980-2000.

Crystal Lake is the commercial hub of McHenry County. The retail space in Crystal Lake is located along three main highways, Illinois Routes 176 and 31, and US Route 14, with a small amount in the original downtown area. Crystal Lake has a large amount of retail, commercial, and industrial space that has a large drawing power from the surrounding communities because of the excellent facilities in the area.

Crystal Lake’s retail stores draw from people throughout the county. According to the 2000 census report McHenry County had a population of 260,077 and an estimated 2001 population of 270,504. According to the 2000 census, McHenry County was the fastest growing county in the state growing at an alarming rate of 41.9%.

Crystal Lake has one of the busiest Metra commuter stations on the Northwest line. Construction started in June of 2003 of Metra’s second station in Crystal Lake just Southeast of the site and located on Pingree road. This will increase traffic flow on 176 and Pingree Road (Pingree becomes Terra Cotta Road North of Route 176).

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4.5-6 Highway Service Business District
"B-2"

1. Declaration of Intent
The Highway Business Service Districts are areas zoned for general commercial economic uses necessary for the orderly growth and development of the community which are generally located along major streets and highways of the City and are to be consistent with the requirement of Table 1 of the zoning ordinance for the “B-2” zoning district.

2. District Restrictions
A. All lighting shall be placed as to reflect the light away from adjacent residential districts. No noise, odor or vibration shall be emitted so it exceeds the general level of noise, odor or vibration emitted by uses outside the site. Such comparison shall be made at the boundary of the site.
B. Any use abutting residential zoning is required to provide a six foot solid screen of fencing or landscaping (See section 5.3-6) and is subject to the restrictions outlined in the Sign Ordinance.

3. Principal Permitted uses
All principal uses allowed and regulated in the Highway Service Business District shall be as follows:

A. Automotive Uses- motorized vehicular sales showroom, automobile service/non-major (repair), vehicle rental. If outside storage or drive-through facilities are requested, then Special Use Permits are required. Not included are uses in which a major source of revenue is from body and fender or major engine repair work (See Manufacturing Districts).
B. Personal Service. All permitted uses of the “B-1” zoning district including veterinarian clinic, small animals only (no outside runs), interior design, funeral home, reading room.
C. Commercial Service. All permitted uses of the “O” zoning district including furniture repair and refinishing, taxidermist, locksmith.
D. Retail Uses. All permitted uses of the “B-1” zoning district including catalogue sales, antique store, auto parts, bicycle shop, department store, gift store, grocery store, toy/hobby/sporting goods store, jewelry store, liquor store, household furnishings, stationary/ office supply, home improvement center.
E. Financial institutions. All permitted uses of the “B-1” zoning district. If a drive-through facility is requested, then a special use permitted is required.
F. Food services. All permitted uses of the “B-1” zoning district including restaurant. If a drive-through facility is requested, then a special use permit is required.
G. Offices. All permitted uses of the “O” zoning district. If medical uses are requested, then the medical parking requirement must be met (see section 5.3-5-2).
H. Parks and open space.

4. Permitted with a special Use
A. Automobile repair major as a principal use
B. Bar/Lounge/Tavern
C. Car Wash
D. Commercial Overnight delivery Box
E. Commercial Recreation
F. Day Care
G. Drive-through Facility
H. Gasoline service station
I. Hotel/Motel
J. Institutional Uses
K. Kennel/Pet Care
L. Outside display, sales and storage
M. Recycling Drop-off Point
N. Restaurant, Fast Food
O. Restaurant with outdoor seating

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