NOT LISTED FOR SALE

66 Gates St Crystal Lake, IL 60014

Estimated Value: $347,000 - $385,054

3 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $355,000

Est. 3% increase in value since last sale

Current estimated payment $2,752/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to Crystal Lake Station
  • Paved or Partially Paved Lot
  • Husmann Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of August 2024

ATTENTION INVESTORS! Great 3-unit investment property located in the heart of downtown Crystal Lake. A short walk gets tenants to the train station, local shopping and eating establishments. Since 2016 all plumbing, windows, most electrical, flooring and bathrooms have been replaced. New main gas boiler furnace in 2020, and the driveway was recently paved in 2021. 2 car garage is being rented for storage and there is a basement entryway to all units. Laundry and storage are conveniently located in the basement level. No interior pictures of unit #2 upstairs. Schedule an appointment to see it today.

Last Agent to Sell the Property

Mary Knauf

Baird & Warner License #475179696 Listed on: 07/26/2024

Baird & Warner

Last Buyer's Agent

Renee Clark

@properties Christie's International Real Estate License #471009477

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,686

Year Built

  • Built in 1915 | Remodeled in 2016

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 76.25x52.50x132x50x51.7x50.2
  • Paved or Partially Paved Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Leased Parking
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Block Basement Construction
  • Basement Storage

Schools

  • Husmann Elementary School
  • Hannah Beardsley Middle School
  • Prairie Ridge High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $1,600
  • Insurance Expense $2,100
  • Trash Expense $60
  • Water Sewer Expense $660
  • Gross Income $41,400
  • Net Operating Income $27,115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,686

Year Built

Built in 1915 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished,Exterior Access,Concrete Block,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 8
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 60
  • Water Sewer Expenses: 660
  • Trash Expense Year: 240

Schools

  • Elementary School: Husmann Elementary School
  • High School: Prairie Ridge High School
  • Middle/Junior School: Hannah Beardsley Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 76.25X52.50X132X50X51.7X50.2
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Lease Amount: 100
  • Board Number: 3
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 27115
  • Fuel Expense: 1600
  • Insurance Expense: 2100
  • GrossIncome: 41400
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9685.92
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 27, 2024
Sold by
All Win Holdings Llc-66 Gates
Bought by
Lu Anthony and Tran Trang
Seller's Agent
Mary Knauf
Baird & Warner
Buyer's Agent
Renee Clark
@properties Christie's International Real Estate
List Price
$419,900
Sold Price
$355,000
Premium/Discount to List
-$64,900
-15.46%
Views
7
Current Estimated Value
$366,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,027
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Jul 18, 2016
Sold by
Baraglia Family Trust
Bought by
All Win Holdings Llc

Purchase Details

Closed on
Jul 7, 2015
Sold by
Baraglia Nathan A and Baraglia Sharon D
Bought by
Baraglia Family Trust #14E055
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lu Anthony $355,000 None Listed On Document
All Win Holdings Llc $88,000 Fidelity National Title
Baraglia Family Trust #14E055 -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $355,000 -15.5% --
08/01/2024 08/01/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $419,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,922 $115,813 $14,967 $100,846
2023 $9,686 $103,859 $13,422 $90,437
2022 $9,120 $94,978 $12,274 $82,704
2021 $8,728 $89,048 $11,508 $77,540
2020 $8,581 $86,379 $11,163 $75,216
2019 $8,335 $82,125 $10,613 $71,512
2018 $6,333 $61,214 $9,990 $51,224
2017 $6,428 $58,646 $9,571 $49,075
2016 $6,397 $55,955 $9,132 $46,823
2013 -- $53,251 $8,690 $44,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12116450

Midwest Real Estate Data (MRED)

APN: 14-32-430-005