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Curtis Crotty

curtis@thecrottygroup.com +1(847) 602-3296

$ 409,000

Est. payment -/mo

Save

New

513 Lake ST Crystal Lake, IL 60014

5 Beds

4 Baths

7,840 Sqft Lot

UPDATED:

01/22/2025 01:38 AM

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12271127

Style Traditional,Colonial

Bedrooms 5

Year Built 1946

Annual Tax Amount $10,135

Tax Year 2023

Lot Size 7,840 Sqft

Lot Dimensions 66 X 115

Property Description

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!!!

Location

State IL

County Mchenry

Area Crystal Lake / Lakewood / Prairie Grove

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air, Space Heater, Sep Heating Systems - 2+, Indv Controls

Equipment TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters

Fireplace N

Exterior

Exterior Feature Deck, Storms/Screens, Cable Access, Other

Parking Features Detached

Garage Spaces 4.0

Community Features Park, Lake, Water Rights, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Legal Non-Conforming

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Canterbury Elementary School

Middle Schools Hannah Beardsley Middle School

High Schools Crystal Lake South High School

School District 47 , 47, 155

Others

Ownership Condo

Special Listing Condition List Broker Must Accompany, Standard

Listed by Jeff Richter • GC Realty and Development