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Lakemoor, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lakemoor, Illinois Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Lakemoor IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Lakemoor IL Properties: 3.1100%

πŸ“Š Average Income For Lakemoor IL Commercial Property: $71,164

Investor Questions For Lakemoor IL

Common questions from investors exploring commercial real estate in Lakemoor IL.

What's the overall investment potential of Lakemoor, IL? +
Lakemoor, IL offers a stable investment market with a median household income of $71,164, a relatively low poverty rate of 6.0%, and a high health insurance coverage rate of 93.3%, indicating a strong and secure tenant base. The top industries, including Finance & Insurance and Manufacturing, also contribute to the town's economic stability. With a median property value of $171,800 and a homeownership rate of 64.0%, Lakemoor presents a promising opportunity for real estate investors.
How does the demographic makeup of Lakemoor impact its rental market? +
The demographic makeup of Lakemoor, with a median age of 31.1 and a diverse population including White, White Non-Hispanic, and Hispanic residents, suggests a vibrant and dynamic rental market. The town's relatively low poverty rate of 6.0% and high health insurance coverage rate of 93.3% also indicate a stable and secure tenant base, which is attractive to investors. Additionally, the top commute methods, including driving alone and working from home, suggest a flexible and adaptable workforce.
What role do commute times and transportation options play in Lakemoor's investment potential? +
The average commute time of 36.9 minutes in Lakemoor, while slightly longer than some other areas, is still relatively manageable and suggests a strong infrastructure for commuters. The top commute methods, including driving alone, working from home, and carpooling, also indicate a flexible and adaptable workforce. With a high health insurance coverage rate of 93.3% and a low poverty rate of 6.0%, Lakemoor's commute times and transportation options contribute to a stable and secure investment environment.
How does the economic diversity of Lakemoor impact its real estate market? +
The economic diversity of Lakemoor, with top industries including Finance & Insurance, Manufacturing, and Retail Trade, contributes to a stable and resilient real estate market. The median household income of $71,164 and the low poverty rate of 6.0% also suggest a strong and secure economic foundation. Furthermore, the GINI coefficient of 0.362 indicates a relatively equal distribution of income, which can contribute to a more stable and predictable real estate market.
What are the key factors that contribute to Lakemoor's market stability and attractiveness to investors? +
The key factors that contribute to Lakemoor's market stability and attractiveness to investors include its low poverty rate of 6.0%, high health insurance coverage rate of 93.3%, and diverse economy with top industries such as Finance & Insurance and Manufacturing. Additionally, the town's median property value of $171,800, median property taxes of $1,553, and homeownership rate of 64.0% all suggest a stable and secure real estate market. The demographic makeup of the town, including its median age and ethnic diversity, also contributes to a vibrant and dynamic rental market.

Lakemoor IL Real Estate & City Facts

Key facts and real estate information about Lakemoor IL.

What are some of the best neighborhoods to live in Lakemoor? +
Some of the best neighborhoods to live in Lakemoor include areas with low crime rates and good schools, such as those served by the McHenry School District. Neighborhoods like the ones found in nearby Crystal Lake are also popular for their walkable downtown and lively atmosphere.
What are some fun things to do in Lakemoor? +
There are plenty of fun things to do in and around Lakemoor, including visiting the McHenry Riverwalk, exploring the Illinois Railway Museum, and enjoying the outdoors at Moraine Hills State Park. You can also check out local events like the McHenry Music Festival and Fiesta Days.
What is the food scene like in Lakemoor? +
The food scene in Lakemoor is varied, with options ranging from Italian cuisine at Enzo & Lucia Ristorante to deli fare at Grandma's Wine Bar and Deli. There are also plenty of great food trucks and restaurants in the surrounding areas, such as Cooper's Hawk Winery & Restaurant in Algonquin.
What are the pros and cons of living in Lakemoor? +
The pros of living in Lakemoor include its low crime rate, good schools, and outdoor recreational opportunities. However, some cons might include the limited number of restaurants and entertainment options within the village itself, requiring residents to travel to nearby towns for more variety.
Is Lakemoor a good place to live? +
Overall, Lakemoor can be a good place to live for those who value a safe, small-town atmosphere with easy access to outdoor recreation and a reasonable commute to larger cities like Chicago. While it may not offer the same level of diversity or entertainment options as larger towns, its proximity to nearby communities like Crystal Lake and McHenry provides residents with plenty of opportunities to explore and enjoy the surrounding area.
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