$249,000
Crystal Lake, IL 60014
REHAB OPPORTUNITY! GREAT FOR RENOVATION BUYER OR INVESTOR! PRIME LOCATION NEAR BEACH! Unbeatable location meets an incredible equity-building opportunity! Sitting just minutes from beach and downtown Crystal Lake shopping, dining, and the Metra, this 1733 sq ft center-entry home boasts curb appeal with a 2.5-car garage with a loft. Bring your contractors and design ideas. The interior features a traditional layout that is ready for your ideas and updates. Roof 25+ | Hot Water Heater 1996 | Furnace unknown | Refrigerator 10+ | Microwave 5+ | Oven/range 5+ | Dishwasher 7+ | Washer/dryer 15+. Home improvement needs include new roof, full HVAC replacement, new windows, etc. Carpet throughout ready for replacement or flooring updates. This home has so much future potential. Price reflects required work. No repair credits, price reductions, or modifications will be entertained after an offer is accepted. Schedule a showing today and capitalize on the neighborhood value! The property has deferred maintenance and is being sold strictly AS-IS.
Estimated monthly cost for this home
$1,591/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.58%, 2026-07-23). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Jul 31, 2026 | $249,000 |
| 2025 property taxes | $2,990/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
South Elementary School
47
Middle
Richard F Bernotas Middle School
47
High school
Crystal Lake Central High School155
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Baird & Warner, listed by Marie Hirschle.
Information last updated Jul 31, 2026, 11:30 PM.
531 Lake Street
Crystal Lake, IL 60014

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.