Sold
Last Sold Price
1201 Crystal Lake Rd, Lake In The Hills, IL 60156
Mixed UseProperty Type
7 carsParking Spaces

Description

Excellent investment opportunity! Or B2 zoning, business location! Seller is retiring from his appliance repair business that has been in very successful 26 years! We are selling the 1200 square foot shop with bathroom. 2 bedroom rental house on site. provides additional income or live and work on site. (Zoning to B1 change needed for $500.00 per village). Owner will stay on for 4 months to assist in helping get off the ground if needed. Great for small business looking for a great location. Updating...Excellent investment opportunity! Or B2 zoning, business location! Seller is retiring from his appliance repair business that has been in very successful 26 years! We are selling the 1200 square foot shop with bathroom. 2 bedroom rental house on site. provides additional income or live and work on site. (Zoning to B1 change needed for $500.00 per village). Owner will stay on for 4 months to assist in helping get off the ground if needed. Great for small business looking for a great location. Updating is needed in both rental and shop. New roof on house 2020, and business serviced and secured 2020. House is currently leased for 6 months at $950 per month, inclusive of water and sewer. Tenants would like to stay and know rent is low. Close to Randall and Rt. 62 Algonquin rd. Next to Lake In The Hills Police dept.

    Sold By Exit Realty Redefined

    • Listed by: James Sances 847.207.2889 Jamessances@gmail.com • Brokerocity Inc
    Listing closed: 03/31/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11297147

    Location

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    $1,431 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $996

    Property Taxes

    $434

    HOA Dues

    $0

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    Property Information for 1201 Crystal Lake Road

    Property Details
    • Taxes: $5,213 / year
    • MLS Type: Commercial Sale
    • Area: Lake in the Hills
    • Air Conditioning Type: Window Unit(s)
    • Zoning: OTHER
    Building Information
    • Stories: 1
    • Residences: 2
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces,Paved
    Location and General Information
    • Geographic Locale: Northwest Suburban
    • Information: Show-Special Instructions,48-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Separate Meters
    • Flooring: Concrete
    • Heat/Ventilation: Forced Air,Gas
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
    Property/Lot Information
    • Tenant Pays: Sewer
    • Built Before 1978: No
    • Approximate Age: 26-35 Years
    • Lot Dimensions: 104X147X104X147
    • Lot Size Square Feet: 0.0
    • Stories: 1
    • Fire Protection: None
    • Building Area Total: 1200
    • # Of Offices: 0
    • # Of Stores: 1
    • Warehouse SqFt: 1200
    • Property Sub Type: Mixed Use
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Commercial, Legal Non Conforming, Office and Research
    • Buyer Financing: Conventional
    • Docks: None
    • Public Document Count: 0
    • Photos Count: 5
    Miscellaneous
    • Current Use: Commercial
    • Location: Corner,Mixed Use Area
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 2
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $11,400.00
    • Gross Scheduled Income: $11,400.00
    • Insurance Expense: $.00
    • Known Encumbrances: None Known
    • Net Operating Income Year: 2020
    • Total Monthly Income: 950
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 1201 Crystal Lake Road

    DateEvent & SourcePriceAppreciation
    Mar 31, 2022

    Sold

    MRED #11297147

    $196,000
    Jan 7, 2022

    Pending

    MRED #11297147

    Jan 3, 2022

    Cancelled

    MRED #11170974

    $209,900
    DateEvent & SourcePrice
    03/31/2022

    Sold

    MRED #11297147

    $196,000
    01/07/2022

    Pending

    MRED #11297147

    01/03/2022

    Cancelled

    MRED #11170974

    $209,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1201 Crystal Lake Road

    Taxable ValueLand$22,714Additions$55,363Total$78,077
    Tax Record2024$6,184 ($515 / month)
    Home Facts
    Baths1Total Finished SqFt744 SqFtAbove Grade Finished SqFt744 SqFtStories1Lot Size15,442 SqFtStyleMiscellaneous CommercialYear Built1951CountyMCHENRYAPN19-20-308-007

    Schools near 1201 Crystal Lake Road

    This home is within Community Unit School District 300.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - PK to 8
    Public - 9 to 12
    Public - K to 5
    Rating
    School
    Distance
    Lincoln Prairie Elementary School
    PublicPK to 5

    Westfield Community School
    PublicPK to 8

    Harry D Jacobs High School
    Public9 to 12

    DREAM Academy
    PublicK to 5

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Brokerocity Inc

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/01/2022 04:09 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.