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!!!
Closed
$410,000
513 Lake St, Crystal Lake, IL 60014
5beds
--sqft
Multi Family
Built in 1946
-- sqft lot
$407,900 Zestimate®
$--/sqft
$2,968 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 01:35am
Listing courtesy of:
Jeff Richter 630-587-7400,
GC Realty and Development
Bought with:
Rutul Parekh
ARNI Realty Incorporated
Source: MRED as distributed by MLS GRID,MLS#: 12271127

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas, Forced Air, Space Heater, Sep Heating Systems - 2+, Indv Controls
Appliances
- Included: Multiple Water Heaters
Features
- Windows: Storms/Screens
- Basement: Full
Property
Parking
- Total spaces: 8
- Parking features: Unassigned
- Garage spaces: 4
Features
- Exterior features: Cable Access, Other
Lot
- Size: 7,840 sqft
- Dimensions: 66 X 115
- Features: Legal Non-Conforming
Details
- Parcel number: 1906278011
- Special conditions: List Broker Must Accompany
- Other equipment: TV-Cable, Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional,Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding, Clad Trim
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1946
Details
- Builder model: RARE 3 UNIT
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Park, Water Rights, Sidewalks, Street Lights, Street Paved
Location
- Region: Crystal Lake
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: Conventional
- Ownership: Condo
Services availability

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$407,900
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