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6419 Lou Street, Crystal Lake, IL 60014
$1,500,000
6419 Lou Street, Crystal Lake, IL 60014View this property at 6419 Lou Street, Crystal Lake, IL 60014
6419 Lou StreetCrystal LakeIL60014
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Property Description
204 Self Storage Units-partially leased undermanaged self storage project with 6 buildings of 3500+ sf each totaling 27,693 sq ft on 1.84 acres. Current income only $26,209/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income in excess of $187,000. Some deferred maintenance. Steel construction. Algonquin Township Assessor has assessed this at $1,591,668 per tax bills. Unit mix: 53-5x10;60-10x10;88-10x20;2-10x30. 5 paying outdoor parking spaces. 1 leased shed. 6 multi-tenant industrial buildings also available separately for $2,400,000. Additional address for this property is 6210 Official Drive. Other PINS are 09-08-227-009 and 014.
Full Property Details
Full Property Details for 6419 Lou St
General
- Price: $1,500,000
- Taxes: $50,243 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11858246
- Updated: 3/27/2024
- Added to Site: 264 day(s) ago
Location
- Area: Crystal Lake / Lakewood / Prairie Grove
- County: McHenry
- Township: Algonquin
- Driving Directions: Rt 14 to Teckler Blvd. South on Teckler to Lou, one block more to Official Drive
- Location Details: Northwest Suburban, Industrial Park
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Construction: Steel Siding
- Exterior Const.: Steel Siding
- Foundation: Concrete Perimeter
- Drive-In Doors: 99
- Stories/Levels: 1
- Square Feet: 27,693
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- # Tenants: 19
Lot Features
- Lot Size (Acres): 1.84
- Lot Size (Sq. Ft.): 80,150
- Lot Dimensions: 80150
- Frontage: City Street
- Zoning: MANUF
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1977
- Tax Amount: $50,243
- Tax Year: 2022
Disclosures and Reports
- Documents Avail.: Floor Plan, Tax Bill, Backup Package, Operating Statement
- Property ID: 1908227003
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Schools
Schools serving 6419 Lou St
School Districts:Community High School District 155, Crystal Lake Ccsd 47
Rating | Name | Grades | Distance |
---|---|---|---|
875 Canterbury Dr, Crystal Lake, IL 60014 | PK-5 | 0.6 mi | |
515 E Crystal Lake Ave, Crystal Lake, IL 60014 | 6-8 | 1.4 mi | |
45 W Franklin Ave, Crystal Lake, IL 60014 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6419 Lou St
Date
Details
Price
Change
Source
8/11/2023
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6419 Lou St
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$220,773
7%
2021
$19,864
—
$205,676
4%
2021
$19,864
5%
$198,395
4%
2019
$18,957
6%
$189,888
15%
2017
$17,838
2%
$165,253
7%
2016
$17,479
1%
$154,993
7%
2015
$17,253
3%
$145,370
5%
2014
$16,832
1%
$138,488
-4%
2013
$16,738
-6%
$144,590
-18%
2018
$17,865
10%
$175,416
14%
2012
$16,251
—
$154,131
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6419 Lou St
6419 Lou Street, Crystal Lake, IL 60014 (MLS# 11858246) is a Commercial property. 6419 Lou Street is currently listed for $1,500,000 and was received on August 11, 2023. Want to learn more about 6419 Lou Street? Do you have questions about finding other Commercial 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.