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$321,815

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
See This Home
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Charming Two-Unit Investment Opportunity in the Heart of Downtown Crystal Lake! Fantastic opportunity to own a well-maintained two-unit building ideally located near schools, the local library, restaurants, and all that downtown Crystal Lake has to offer. Each unit features 2 bedrooms and 1 full bath, with convenient laundry options - washer and dryer in the basement for the first floor and in-unit laundry for the second floor. Detached 2-car garage for added convenience. The property also offers a spacious backyard, perfect for outdoor activities or future improvements. Surrounded by mature trees and greenery, this home offers a peaceful setting just steps from all that downtown Crystal Lake has to offer. Enjoy a prime walkable location just minutes from the Metra station, Main Beach, shopping, parks, and biking trails. Both units are occupied by long-term tenants, providing steady income and reliability. With its central location, strong rental history, and great amenities, this property is a fantastic investment opportunity in one of Crystal Lake's most desirable neighborhoods! Property is Sold As Is

Full Property Details for 40 S Walkup Ave

General

  • Sold For: $321,815
  • Taxes: $7,883 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12498748
  • Added to Site: 138 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Ceiling Fan(s)

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 4
  • Parking Features: Yes, Garage Owned, Detached, Driveway, Owned, Garage

Location

  • Area: Crystal Lake / Lakewood / Prairie Grove
  • County: McHenry
  • Driving Directions: McHenry Ave NORTH TURN RIGHT TO CRYSTAL LAKE RD AND RIGHT TO WALKUP

School Information

  • School District: 47
  • Midd School District: 47
  • Elementary School: Husmann Elementary School
  • Middle School: Richard F Bernotas Middle School
  • High School: Crystal Lake Central High School
  • Private School: Crystal Lake Central High School

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air, Individual Controls

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Victorian
  • Construction: Vinyl Siding, Frame
  • Exterior Const.: Vinyl Siding, Frame
  • Basement Desc.: Unfinished, Stone/Rock, Full
  • Foundation: Stone
  • Roof: Asphalt
  • Year Built: 1940
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Manufactured Home

  • Model: 2 UNIT

Lot Features

  • Lot Size (Acres): 0.27
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 58 x 187
  • Lot Features: Corner Lot

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1940
  • Tax Amount: $7,883.14
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1905205018

Listed by Keller Williams Inspire
Sold by Berkshire Hathaway HomeServices Starck Real Estate

Listing agent

— 40 S Walkup Ave —

  • Keller Williams Inspire

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 S Walkup Ave

School Districts:Crystal Lake Community Consolidated School District 47, Community High School District 155
NameGradesDistance
Husmann Elementary School
131 West Paddock Street, Crystal Lake, IL 60014
K-50.2 mi
Richard F Bernotas Middle School
170 North Oak Street, Crystal Lake, IL 60014
6-80.9 mi
Crystal Lake Central High School
45 West Franklin Street, Crystal Lake, IL 60014
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 S Walkup Ave

Date
Details
Price
Change
Source
1/30/2026
Sold
$321,815
-5.35%
MLS
10/18/2025
Listed
$340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Inspire
Sold by Berkshire Hathaway HomeServices Starck Real Estate

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40 S Walkup Avenue, Crystal Lake, IL 60014 (MLS# 12498748) is a Multi-Family property that was sold at $321,815 on January 30, 2026. Want to learn more about 40 S Walkup Avenue? Do you have questions about finding other Multi-Family real estate for sale in Crystal Lake? You can browse all Crystal Lake real estate or contact a Coldwell Banker agent to request more information.