Closed

$409,000

513 Lake Street, Crystal Lake, IL 60014
5 Beds4 Baths8 days
513 Lake Street·Crystal Lake, IL 60014
5Bedrooms
4Bathrooms
1946Year Built
About This Home

Excellent Location! Rare 3 unit with great income located within 2 blocks of Main Beach and Crystal Lake!!! Walk or bike to Crystal Lake Train Station which is 1.5 miles away! Main floor unit has 3 bedrooms and 1.1 baths and a finished basement, large deck and a newer 2 car garage. 2- second floor 1 bedroom 1 bath units also have 1 garage space each. All tenant pays for their own heat/gas, electric and are all metered separately. First floor unit has three bedrooms, 1.5 baths, as well as access to the finished basement. Both units on the second floor are 1 bedroom units of approximately 450 sq ft. and share a 2nd 2 car garage! Additionally, there are 4 more designated parking spaces at the rear of the building. Building has been professionally managed and maintained and updated to minimize your out of pocket expenses. All 3 units are currently rented with leases in place and a current monthly income of $3850. Current Landlord provides water/sewer and garbage, as well as takes care of the lawn and snow removal. Building is close to shopping, parks, walking trails, restaurants & the more. This is a must see building in a great location with great income!!!

MLS# 12271127Listed January 21, 2025Residential IncomeTraditional, Colonial
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms4
Total Rooms15

Size & Structure

Garage Spaces4
Year Built1946
Lot Size0.180 acres

Location

CountyMcHenry
TownshipAlgonquin
Zip Code60014

Financial

List Price$409,000
Annual Taxes (2023)$10,135
Monthly Tax Est.$845
Parcel #1906278011
Interior Features

Heating

Natural GasForced AirSpace HeaterSep Heating Systems - 2+Indv Controls

Basement

Partially FinishedFull
Exterior & Lot

Construction

Vinyl SidingClad Trim

Roof

Asphalt

Foundation

BlockConcrete Perimeter

Exterior Features

Other

Patio & Porch

Deck

Lot Features

Legal Non-Conforming
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerGarageOn SiteGarage OwnedDetachedUnassignedOwned
HOA & Community

Community Features

ParkLakeWater RightsSidewalksStreet LightsStreet Paved
Schools
Elementary
Canterbury Elementary School
District: 47
Middle School
Hannah Beardsley Middle School
District: 47
High School
Crystal Lake South High School
District: 155
Tax & Financial
Annual Taxes
$10,135
Tax Year 2023
Monthly Tax Est.
$845
per month
Property Location

513 Lake Street, Crystal Lake, IL 60014 — McHenry County

$409,000
513 Lake Street
5 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
4-car garage
0.180 acres
$10,135/yr taxes
$2,994
estimated monthly payment
Principal & Interest
$2,149/mo
Property Tax
$845/mo
$409,000
20% — $81,800
3%50%
6.875%
3%12%
Loan Amount
$327,200
Down Payment
$81,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
GC Realty and Development
Agent: Jeff Richter
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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