Last Sold Price
1201 Crystal Lake Rd, Lake In The Hills, IL 60156

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.
LISTING CLOSED: 03/31/2022 12:00 AM

  1. Listed by James Sances • Brokerocity Inc
    P: (847)-207-2889 C: (847)-207-2889 Jamessances@gmail.com

Sold By Exit Realty Redefined

Property Details for 1201 Crystal Lake Road

Status
MLS #
11297147
Days on Market
5
Taxes
$5,213 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial Sale
Year Built
-
Lot Size
-
Area
Lake in the Hills
Num Of Parking Spaces
7.0
Air Conditioning Type
Window Unit(s)
Zoning
OTHER

Location

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Building Information for 1201 Crystal Lake Road

Stories1Residences2Year Built-Building Size-Lot Size-

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$1,431 per month

30 year fixed, 6.55% Interest

Principal and Interest

$996

Property Taxes

$434

HOA Dues

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Property Information for 1201 Crystal Lake Road

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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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.