Investment Overview
The offering is for a recently renovated assisted living facility in one of Chicago's premier northwest suburban communities. Located at 5430 Hillside Road in Crystal Lake, Illinois, the Property consists of a 5,200-square-foot building on a 5.11-acre site and features seven (7) residential units with a total of twelve (12) beds, including five (5) companion suites and two (2) studio suites. Originally constructed in 1973 and extensively renovated in 2020, the Property offers a turnkey investment with a modernized facility, ample land for outdoor amenities or future expansion (subject to municipal approvals), and eight (8) on-site parking spaces. Zoned E-1: Estate District, the Property is located just over one (1) mile north of downtown Crystal Lake and the Crystal Lake Metra Station, providing convenient access for residents, staff, and visiting families. The surrounding area is anchored by a strong mix of national retailers, including Target, Sam's Club, Mariano's, Jewel-Osco, The Home Depot, Best Buy, Men's Wearhouse, and Chili's, further reinforcing the appeal of this established and affluent northwest suburban location.
Investment Highlights
- 12-bed assisted living facility located in Crystal Lake, an affluent northwest suburb of Chicago
- Recently renovated in 2020 and well-maintained, offering a turnkey opportunity with minimal near-term capital needs
- Situated on a sizable 5.11-acre parcel, providing room for outdoor amenities or potential future expansion
- Conveniently located just over one (1) miles from downtown Crystal Lake and the Crystal Lake Metra Station