Back 531 Lake Street
Off Market

531 Lake Street

Crystal Lake IL 60014

3
2
2
1733 sq. ft.
Single-Family
Last sold for $288,888
Marie HirschleMarie Hirschle, last sold this property on 17 August 2026 after 37 days on market.

Overview

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. MULTIPLE OFFERS HAVE BEEN RECEIVED. SELLERS ASK FOR HIGHEST & BEST OFFERS DUE BUT SUNDAY 8PM. DECISION WILL BE MADE BY MONDAY 12NOON. THANK YOU

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1733 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Crystal Lake over the last 12 months, the estimated median property value of 531 Lake Street is $370k.

Median value
$370k
Estimated value range
$159k - $1.13m
Median days on market
8
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Crystal Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 531 Lake Street

2026
Sold
$288,888
17 Aug 2026 by Marie Hirschle, of Baird & Warner

Happy sellers in Crystal Lake

97%
97% of sellers in Crystal Lake reported that their sale price either exceeded or met their price expectations.

Crystal Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Crystal Lake over the last 12 months.

Local market activity for 3 bedroom single-family properties in Crystal Lake

In the last 12 months, 157 three-bedroom single-family properties similar to 531 Lake Street, have been sold.

This represents a 18% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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