513 Lake Street Crystal Lake, IL 60014

Multi-Family (2-4 Units) MLS #: 12271127 Courtesy Of GC REALTY & DEVELOPMENT, LLC.

$409,000

5 beds
Print property details Share
Est. Property Tax: $10,135
Estimated monthly payments: $2,632/mo.* (recalculate)

Property InformationDescription

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!!!

Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Dock
  • Architecture Style: Colonial
  • Exterior Type: Vinyl Siding
  • Heating System: Forced Air, Space Heater
  • Lot Size: 0.18 Acres
  • Roof Type: Asphalt

MAP & DIRECTIONS

Get Directions
513 Lake Street, Crystal Lake, IL 60014
View Directions

School Information

513 Lake Street, Crystal Lake, IL 60014

Elementary School
Grades KG-5 | Public School
SOUTH ELEMENTARY SCHOOL
Crystal Lake, IL 60014
601 Golf Rd
815.­459.1143
Distance: 0.5 mi
School Rating
C+
Total Students
362
Middle School
Grades 6-8 | Public School
RICHARD F BERNOTAS MIDDLE SCHOOL
Crystal Lake, IL 60014
170 N Oak St
815.­459.9210
Distance: 0.8 mi
School Rating
C-
Total Students
788
High School
Grades 9-12 | Public School
CRYSTAL LAKE CENTRAL HIGH SCHOOL
Crystal Lake, IL 60014
45 W Franklin Ave
815.­459.2505
Distance: 0.9 mi
School Rating
B
Total Students
1486
Other Nearby Schools Distance Type Grades School Rating
St Thomas The Apostle School 0.2 mi Private PK-8
Lundahl Middle School 0.7 mi Public 6-8 C-
North Elementary School 0.8 mi Public KG-5 B-
Husmann Elementary School 0.8 mi Public KG-5 C
Immanuel Lutheran School 1.1 mi Private PK-8
Coventry Elementary School 1.3 mi Public KG-5 D
Montessori Pathways School 1.6 mi Private PK-6
Canterbury Elementary School 1.6 mi Public KG-5 D
Crystal Lake South High School 1.6 mi Public 9-12 B
Haber Oaks Campus 1.6 mi Public 9-12
West Elementary School 1.8 mi Public KG-5 A-
Hannah Beardsley Middle School 2.0 mi Public 6-8 C
Woods Creek Elementary School 2.6 mi Public KG-5 B
Prairie Ridge High School 2.8 mi Public 9-12 A
Indian Prairie Elementary School 2.9 mi Public KG-5 B
Wehde Early Childhood Center 3.0 mi Public PK
Glacier Ridge Elementary School 3.0 mi Public KG-5 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Crystal Lake, IL 60014

Median Age: 39.4
Married: 62%
Number of Households: 17,272
Households with Children: 37.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.