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$249,000

531 Lake Street, Crystal Lake, IL 60014
3 Beds2 Baths1,663 sqft4 days
531 Lake Street·Crystal Lake, IL 60014
3Bedrooms
2Bathrooms
1,663Sq Ft
About This Home

REHAB OPPORTUNITY! GREAT FOR RENOVATION BUYER OR INVESTOR! PRIME LOCATION NEAR BEACH! Unbeatable location meets an incredible equity-building opportunity! Sitting just minutes from beach and downtown Crystal Lake shopping, dining, and the Metra, this 1733 sq ft center-entry home boasts curb appeal with a 2.5-car garage with a loft. Bring your contractors and design ideas. The interior features a traditional layout that is ready for your ideas and updates. Roof 25+ | Hot Water Heater 1996 | Furnace unknown | Refrigerator 10+ | Microwave 5+ | Oven/range 5+ | Dishwasher 7+ | Washer/dryer 15+. Home improvement needs include new roof, full HVAC replacement, new windows, etc. Carpet throughout ready for replacement or flooring updates. This home has so much future potential. Price reflects required work. No repair credits, price reductions, or modifications will be entertained after an offer is accepted. Schedule a showing today and capitalize on the neighborhood value! The property has deferred maintenance and is being sold strictly AS-IS. MULTIPLE OFFERS HAVE BEEN RECEIVED. SELLERS ASK FOR HIGHEST & BEST OFFERS DUE BUT SUNDAY 8PM. DECISION WILL BE MADE BY MONDAY 12NOON. THANK YOU

MLS# 12720614Listed July 31, 2026Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths1
Half Baths1
Total Rooms7

Size & Structure

Living Area1,663 sqft
Garage Spaces2
Fireplaces1
Lot Size66 X 87

Location

CountyMcHenry
TownshipMcHenry
Zip Code60014

Financial

List Price$249,000
Price / Sq Ft$150
Annual Taxes (2025)$2,990
Monthly Tax Est.$249
Parcel #1906255009
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerStainless Steel Appliance(s)

Heating

Natural GasForced Air

Cooling

Window Unit(s)

Basement

UnfinishedFull

Laundry

Main Level

Fireplace

Wood Burning
Exterior & Lot

Construction

Wood Siding

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AsphaltGarage Door OpenerGarageYesGarage OwnedAttached
Schools
Elementary
South Elementary School
District: 47
Middle School
Richard F Bernotas Middle School
District: 47
High School
Crystal Lake Central High School
District: 155
Tax & Financial
Annual Taxes
$2,990
Tax Year 2025
Monthly Tax Est.
$249
per month
Price per Sq Ft
$150
per square foot
Property Location

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

$249,000
$150 / sqft
531 Lake Street
3 bd2 ba1,663 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
1 fireplace
66 X 87
$2,990/yr taxes
$1,558
estimated monthly payment
Principal & Interest
$1,309/mo
Property Tax
$249/mo
$249,000
20% — $49,800
3%50%
6.875%
3%12%
Loan Amount
$199,200
Down Payment
$49,800

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

Listed by
Baird & Warner
Agent: Marie Hirschle
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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