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$1,300,000

  • Sold
  • Closed
  • Commercial
  • 8,032 Sq. Ft.
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Investment opportunity! Ideal for end user, investment, office, or professional Services. Plenty of parking in front and rear of building. 2 of 3 units fully leased through 2026. 1,871 SF vacant on main level. Entire basement (8,032 SF) available for lease - 1,773 SF of garage space.

Full Property Details for 338 Memorial Dr

General

  • Sold For: $1,300,000
  • Taxes: $34,160 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12092959
  • Added to Site: 570 day(s) ago

Interior

  • Interior Features: Basement
  • Flooring: Carpet

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: Crystal Lake / Lakewood / Prairie Grove
  • County: McHenry
  • Driving Directions: Congress Pkwy to Memorial Drive
  • Location Details: Northwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Drive-In Doors: 1
  • Sub-Flooring: Carpet
  • Stories/Levels: 1
  • Square Feet: 8,032
  • Year Built: 1996

Lot Features

  • Lot Size (Acres): 1.1
  • Lot Size (Sq. Ft.): 48,000
  • Lot Dimensions: 200 x 240
  • Potential Use: Office
  • Zoning: MANUF

Financial Considerations

  • Lease Price: $17
  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1996
  • Tax Amount: $34,160
  • Tax Year: 2023
  • Tenant Pays: Varies by Tenant

Disclosures and Reports

  • Property ID: 1904301013

Listed by Blue Chip Commercial Real Estate
Sold by Premier Commercial Realty

Listing agent

— 338 Memorial Dr —

  • Blue Chip Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 338 Memorial Dr

School Districts:Community High School District 155, Crystal Lake Community Consolidated School District 47
NameGradesDistance
Coventry Elementary School
820 Darlington Lane, Crystal Lake, IL 60014
K-51.5 mi
Hannah Beardsley Middle School
515 East Crystal Lake Avenue, Crystal Lake, IL 60014
6-80.6 mi
Crystal Lake Central High School
45 West Franklin Street, Crystal Lake, IL 60014
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 338 Memorial Dr

Date
Details
Price
Change
Source
10/15/2025
Sold
$1,300,000
-13.33%
MLS
6/24/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Blue Chip Commercial Real Estate
Sold by Premier Commercial Realty

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338 Memorial Drive, Crystal Lake, IL 60014 (MLS# 12092959) is a Commercial property that was sold at $1,300,000 on October 15, 2025. Want to learn more about 338 Memorial Drive? Do you have questions about finding other Commercial real estate for sale in Crystal Lake? You can browse all Crystal Lake real estate or contact a Coldwell Banker agent to request more information.