NOT LISTED FOR SALE

85 Gates St Crystal Lake, IL 60014

Estimated Value: $335,000 - $339,330

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold March 16, 2021

Last sale price $229,650

Est. 47% increase in value since last sale

Current estimated payment $2,457/month

44 Days on Market

Highlights

  • Contemporary Architecture
  • 2-minute walk to Crystal Lake Station
  • Baseboard Heating
  • Husmann Elementary School Rated A-

About This Home

As of March 2021

Premium Crystal Lake location is where you'll find this completely updated 2 Unit Duplex. This property is within walking distance to the train station and the restaurants and shopping that Downtown Crystal Lake offers. The building was completely updated in 2008 with new electrical, plumbing, flooring, walls , kitchens and baths. Each of the 2 bedroom units are rented/occupied and there is ample parking space for several vehicles along with the convenience of 2 driveways onto the property. The basement provides separate water and electrical access for laundry if the tenant wants to bring in their own washer/dryer. Both units are identical and Unit B will be made available on the second showing with 24hrs notice. Call for an appointment to check out this great investment opportunity.

Last Agent to Sell the Property

Peggy Seiling

Lakes Realty Group License #475159021 Listed on: 11/30/2020

Last Buyer's Agent

Eddie Quintana-Garcia

American Dream Realty Group Inc License #475176345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,192

Year Built | Renovated

  • 1915 | 2008

Lot Details

  • 7,841

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Additional Features

  • No Tub in Bathroom
  • Partial Basement
  • Baseboard Heating

Listing and Financial Details

  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,192

Year Built | Renovated

1915 | 2008

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 2
  • Style Of House: Contemporary
  • Zoning Type: MULTI
  • Estimated Year Built: 1915
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915
  • Year Renovated: 2008

Interior Features

  • Number Of Rooms: 8
  • Equipment: CO Detectors, Sump Pump
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Bathroom Amenities: No Tub
  • Above Grade Bedrooms: 4

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.18

Garage/Parking

  • Number of Cars: 6
  • Parking: Space/s
  • Parking Details: Unassigned, Driveway
  • Number Parking Spaces: 6
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Baseboard

Schools

  • School District: 155
  • Junior High Dist: 47

Lot Info

  • Lot Dimensions: 60X132
  • Parcel Identification Number: 1432433006

Rental Info

  • Total Rental Income: 1900

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2

Tax Info

  • Taxes: 6881.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Huls James D and Huls Linda D
Bought by
Huls Family Irrevocable Declaration Of Trust
Current Estimated Value
$337,165

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 23, 2021
Sold by
Moorea Dale J
Bought by
Huls James D and Huls Linda D
Seller's Agent
Peggy Seiling
Lakes Realty Group
Buyer's Agent
Eddie Quintana-Garcia
American Dream Realty Group Inc
List Price
$235,000
Sold Price
$229,650
Premium/Discount to List
-$5,350
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Jun 8, 2016
Sold by
Moore Woodford L
Bought by
Moore Dale J

Purchase Details

Closed on
Jan 31, 2013
Sold by
Moore Woodford L
Bought by
Moore Woodford L and The Woodford L Moore Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,443
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2012
Sold by
Moore Woodford L
Bought by
Moore Woodford L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,443
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2012
Sold by
Moore Woodford L
Bought by
Moore Woodford L and Woodford L Moore Land Trust

Purchase Details

Closed on
May 11, 2009
Sold by
Foerster David
Bought by
Moore Woodford L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,634
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2008
Sold by
Waites Rebecca Polgar
Bought by
Foerster David
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Huls Family Irrevocable Declaration Of Trust -- Fidelity National Title
Huls James D $230,000 Clark Courtney
Moore Dale J -- None Available
Moore Woodford L -- None Available
Moore Woodford L -- Chicago Title Insurance Comp
Moore Woodford L -- None Available
Moore Woodford L $241,000 First United Title Svcs Inc
Foerster David $135,000 Golden Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Woodford L $225,443
Previous Owner Moore Woodford L $236,634
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $229,650 -2.3% --
01/13/2021 01/13/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $235,000 0.0% --
01/11/2021 01/11/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $235,000 0.0% --
01/08/2021 01/08/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $235,000 -1.7% --
11/30/2020 11/30/20 For Sale $239,000 -- --
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 $8,192 $95,622 $14,243 $81,379
2023 $7,997 $85,752 $12,773 $72,979
2022 $7,530 $78,420 $11,681 $66,739
2021 $7,206 $73,524 $10,952 $62,572
2020 $7,085 $71,320 $10,624 $60,696
2019 $6,882 $67,808 $10,101 $57,707
2018 $6,043 $58,408 $9,550 $48,858
2017 $5,476 $55,957 $9,149 $46,808
2016 $5,418 $53,389 $8,729 $44,660
2013 -- $50,810 $8,307 $42,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10943418

Midwest Real Estate Data (MRED)

APN: 14-32-433-006