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  • $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

    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!!!

    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#: 12271127MLS Logo

    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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    Sell for more on Zillow

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    $407,900
    2% more+ $8,158
    With Zillow Showcase(estimated)
    $416,058