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$410,000

513 Lake Street
Crystal Lake, IL 60014

Multi Family|Sold 03/21/2025
5
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1946
Built
County:
McHenry
Listing Courtesy of MRED as distributed by MLS Grid of GC Realty and Development
Call Now: 847.967.0022
Is this the home for you? We can help make it yours.
847.967.0022
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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!!!

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Listing Snapshot
Bedrooms 
5
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
N/A
Lot Size 
0.18 Acres
Year Built 
1946
MLS® Number 
12271127
Status 
Sold
Property Tax 
$10,135
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 minutes agoListing updated with changes from the MLS®
General Features
Acres 
0.18
Foundation 
BlockConcrete Perimeter
Garage 
Yes
Garage Spaces 
4
Parking 
Garage Door OpenerUnassigned
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
TraditionalColonial
Utilities 
Cable Available
Water Source 
Public
Interior Features
Basement 
Sump PumpPartially FinishedFull
Cooling 
Ceiling Fan(s)
Heating 
Natural GasForced AirSpace Heater
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Exterior Features
Construction Details 
Vinyl Siding
Exterior 
Other
Patio And Porch 
Deck
Roof 
Asphalt
Community Features
Community Features 
ParkLakeSidewalksStreet Lights
MLS Area 
Crystal Lake / Lakewood / Prairie Grove
School District 
Crystal Lake South High School
Township 
Algonquin
Schools
School District
Crystal Lake South High School
Elementary School
Canterbury Elementary School
Middle School
Hannah Beardsley Middle School
High School
Crystal Lake South High School
Neighborhood & Commute
Source: Walkscore
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