Mostly Cloudy
76°FMostly CloudyFull Forecast

Retail center, property sold in Crystal Lake

Published: Wednesday, June 25, 2014 5:11 p.m. CDT

CRYSTAL LAKE – The Randall Plaza Retail Center and an adjacent parcel of vacant land along Randall Road in Crystal Lake were recently sold, according to Chicago-based Baum Realty Group LLC.

Baum Vice Presidents Danny Spitz and Greg Dietz represented a private partnership in the sale of the retail center at 435 Angela Lane. The property, which has about 28,506 square feet of space, sold for $3.1 million, according to a news release. The retail center was 83 percent occupied. Tenants include Title Boxing Club and Fire Bar & Grill.

Spitz and Dietz also represented the same ownership group in the sale of a development parcel located at Randall Road and Alexandra Boulevard in Crystal Lake. The 5.9 acre site sold for $900,000, according to the news release.

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Northwest Herald.

Reader Poll

Who do you support in the race for Illinois governor?
Pat Quinn
Bruce Rauner
Chad Grimm
Other