The seller, Wheeling-based Crystal Point Center LLC, redevelopedthe center in 1998 to an open-air mall. At about the same time,major retailers as Sam's Club, Kohl's, Target, Home Depot, Menardsand Wal-Mart were setting up shop along Northwest Highway in thisfar northwest suburb 50 miles from Chicago.
Inland Real Estate Corp. reports the three-mile trade area has apopulation of about 57,500, with an average household income$82,431. However, the new owners of Crystal Point Center share thattrade area with a series of retail centers along Northwest Highway,including the Commons of Crystal Lake, Country Corner Plaza,Crystal Court Mall and Crystal Lake Plaza.
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