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
$431,700 Zestimate®
$--/sqft
$3,062 Estimated rent
Home value
$431,700
$401,000 - $458,000
$3,062/mo
Zestimate® history
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List your homeWhat's special
Finished basementLarge deck
Zillow last checked:
Listing updated:
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: Screens
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 8
- Parking features: Garage Door Opener, Garage, On Site, Garage Owned, Detached, Unassigned, Owned
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Other
Lot
- Size: 7,840 sqft
- Dimensions: 66 X 115
- Features: Legal Non-Conforming
Details
- Parcel number: 1906278011
- Special conditions: List Broker Must Accompany,Standard
- 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: Block, Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1946
Details
- Builder model: RARE 3 UNIT
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Park, Lake, Water Rights, Sidewalks, Street Lights, Street Paved
Location
- Region: Crystal Lake
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2025 | Sold | $410,000+0.2% |
Source:  MRED as distributed by MLS GRID #12271127 Report a problem | ||
| 1/30/2025 | Contingent | $409,000 |
Source: MRED as distributed by MLS GRID #12271127 Report a problem | ||
| 1/22/2025 | Listed for sale | $409,000+46.6% |
Source: MRED as distributed by MLS GRID #12271127 Report a problem | ||
| 7/31/2020 | Sold | $279,000-0.3% |
Source: MRED as distributed by MLS GRID #10757365 Report a problem | ||
| 6/29/2020 | Pending sale | $279,900 |
Source: Realty Executives Cornerstone #10757365 Report a problem | ||
| 6/23/2020 | Listed for sale | $279,900 |
Source: Realty Executives Cornerstone #10757365 Report a problem | ||
| 5/8/2019 | Listing removed | $1,375 |
Source: Owner Report a problem | ||
| 5/2/2019 | Listed for rent | $1,375+71.9% |
Source: Owner Report a problem | ||
| 3/3/2017 | Listing removed | $800 |
Source: Owner Report a problem | ||
| 2/19/2017 | Listed for rent | $800 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,420 +2.8% | $123,084 +11.8% |
| 2023 | $10,136 +38.3% | $110,084 +42.2% |
| 2022 | $7,331 +5.3% | $77,395 +7.3% |
| 2021 | $6,963 +2.3% | $72,103 +3.7% |
| 2020 | $6,804 | $69,551 +4.5% |
| 2019 | -- | $66,568 +8.2% |
| 2018 | $6,263 +0.1% | $61,495 +6.2% |
| 2017 | $6,253 +2.1% | $57,932 +6.6% |
| 2016 | $6,128 | $54,335 -0.2% |
| 2013 | $6,128 | $54,441 -22.1% |
| 2011 | -- | $69,921 -6.4% |
| 2010 | -- | $74,726 -9.4% |
| 2009 | -- | $82,443 |
| 2008 | -- | $82,443 +8.2% |
| 2006 | -- | $76,175 +4.9% |
| 2005 | $4,937 +4.7% | $72,631 +7% |
| 2004 | $4,716 +4.1% | $67,904 +7.4% |
| 2003 | $4,529 +15% | $63,196 +15.4% |
| 2002 | $3,940 +3.6% | $54,755 +5.7% |
| 2001 | $3,804 +4.4% | $51,783 +3.7% |
| 2000 | $3,645 | $49,935 |
Find assessor info on the county website
Neighborhood: 60014
Nearby schools
GreatSchools rating
- 7/10South Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Richard F Bernotas Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Crystal Lake Central High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Canterbury Elementary School
- Middle: Hannah Beardsley Middle School
- High: Crystal Lake South High School
- District: 47
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$431,700
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Estimated market value
$431,700
- Illinois
- McHenry County
- Crystal Lake
- 60014
- 513 Lake St
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