513 Lake Street
$409,000
5
4
2,040
2,040
$200
Contingent
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...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!
- Listed by Jeff Richter • GC Realty and Development
Property Details for 513 Lake Street
Area
Crystal Lake / Lakewood / Prairie Grove
TownshipAlgonquin
OwnershipCondo
Num Of Garage Spaces4.0
Num Of Parking Spaces8.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air, Space Heater/s, Sep Heating Systems - 2+, Indv Controls
Architectural StyleTraditional, Colonial
LISTING UPDATED: 01/30/2025 10:35 AM
Property Details for 513 Lake Street
Status | Contingent |
---|---|
MLS # | 12271127 |
Days on Market | 10 |
Taxes | $10,135 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1946 |
Lot Size | 0.18 AC / 7,840 SF |
County | McHenry County |
Building Information for 513 Lake Street
Stories-Residences3Year Built1946Building Size-Lot Size0.18 AC / 7,840 SF
Property Information for 513 Lake Street
Property History for 513 Lake Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 513 Lake Street
Taxable ValueLand$14,455Additions$95,629Total$110,084
Tax Record2023$10,136 ($845 / month)
Home Facts
Beds0Total Finished SqFt2,180 SqFtAbove Grade Finished SqFt2,180 SqFtStories2Lot Size7,862 SqFtStyleSingle Family ResidenceYear Built1946CountyMCHENRYAPN19-06-278-011
Schools near 513 Lake Street
This home is within Chsd 155 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
South Elementary School PublicK to 5 | ||
Richard F Bernotas Middle School Public6 to 8 | ||
Crystal Lake Central High School Public9 to 12 | ||
Haber Oaks Campus Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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