US English
USD
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Janet & Bill Hibbs
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(847) 934-1153
Direct Office:
(815) 459-5900
[email protected]
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SOLD
$279,000
Date 07/31/2020

513 Lake Street
Crystal Lake, IL 60014

Multi-Family
Residence
5
Beds
3
Baths
+
1 Half
0.18
Lot Size
1of
Photos
Map
Courtesy: Realty Executives Cornerstone
Location Location Location! Don't miss this great income opportunity to own a 3 unit in an excellent Crystal Lake location within 2 blocks of Main Beach and Crystal Lake!!! All the parades and activities Crystal Lake is known for are a stones throw away on Dole Avenue. You can even watch the July 4th fireworks right from this building. Perfect opportunity to live in the main floor unit with finished basement, large deck and a newer 2 car garage while you rent out the 2-second floor 1 bedroom units for additional income & tax benefits. If you are an investor, you will appreciate the positive cash flow due to the fact that each 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 800 sq ft. and share a 2nd 2 car garage!!! Additionally, there are 4 additional designated parking spaces at the rear of the building. Building has been meticulously maintained and updated to minimize your out of pocket expenses. These units are so easy to rent so keeping this building fully leased is never an issue. All 3 units are currently rented with leases in place with a current monthly income of $3205. The current owner 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 train. This is a must see building in a great location with great income!!!
10757365
Multi-Family, Traditional
5
Mc Henry
3 Full/1 Half
1946
0.18 Acres
Public
Vinyl siding
Public Sewer
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: Realty Executives Cornerstone
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