Investment Opportunity


  • Investment For Sale
  • 1600 North Avenue, Crystal Lake, IL 60014.
  • Price: $1,699,900

Download Brochure Ask a Question

Income Producing Residential Units

16 Residential income producing units consisting of (5) single family homes, (4) duplexes, (1) Triplex, plus a separately leasable garage with office – used as a car dealership. Zoning is B-1. Buildings are all considered legal non-conforming, (2) wells, (6) septic tanks, (3) lift stations. Several of the units have been completely rehabbed. ($185K in capital improvements in the last 3 years)

7.8% CAP rate. Proforma CAP rate is 8.7% bringing rents on certain units to market. Contact broker for rent roll and operating statement.



Swipe left / right to view more photos