513 Lake Street
Crystal Lake, Illinois 60014

Closed / MLS #12271127 / Multiple Unit (2-4) / Crystal Lake
Listing information updated 4/3/2025 at 6:05am
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!!!

Listing Office: GC Realty and Development

Listing Office Phone: 630.587.7400

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513 Lake Street, Crystal Lake, IL 60014 is a multiple unit (2-4) which sold for $410,000. 513 Lake Street features 5 Beds, 3 Baths, 1 Half Bath. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since January 21st, 2025 and was built in 1946. Nearby schools include Canterbury Elementary School, Hannah Beardsley Middle School, and Crystal Lake South High School.