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$549,900
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Property Description
Great opportunity to own a mixed-use building in the heart of downtown Crystal Lake! The street-level storefront offers excellent visibility, strong foot traffic, and a walkable location surrounded by popular shops, restaurants, and community events. An attractive setup for long-term commercial tenancy. The second floor features a 2-bedroom residential unit, providing an additional income stream or flexibility for an owner-occupant. With both spaces available, investors have the ability to lease at market rates or tailor the property to fit their investment strategy. A solid opportunity in one of Crystal Lake's most active and desirable downtown areas with strong long-term potential.
Full Property Details
Full Property Details for 71 N Williams St
General
- Price: $549,900
- Taxes: $14,123 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12555577
- Updated: 3/23/2026
- Added to Site: 47 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Basement
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Wood
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Crystal Lake / Lakewood / Prairie Grove
- County: McHenry
- Township: Nunda
- Driving Directions: N Main St to E Woodstock St to N Williams St.
- Location Details: Northwest Suburban, Central Business District, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Gas, Radiators
Utilities
- Trash: 200
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Wood
- Stories/Levels: 2
- Square Feet: 3,200
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1912
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 2,322
- Lot Dimensions: 31 x 182
- Frontage: City Street
- Potential Use: Retail
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $3,926
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1912
- Tax Amount: $14,123
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Trash: 200
Disclosures and Reports
- Property ID: 1432480044
Listed by Berkshire Hathaway HomeServices Starck Real Estate
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Schools
Schools serving 71 N Williams St
School Districts:Community High School District 155, Crystal Lake Community Consolidated School District 47
| Name | Grades | Distance |
|---|---|---|
Husmann Elementary School 131 West Paddock Street, Crystal Lake, IL 60014 | K-5 | 0.5 mi |
Hannah Beardsley Middle School 515 East Crystal Lake Avenue, Crystal Lake, IL 60014 | 6-8 | 0.8 mi |
Crystal Lake Central High School 45 West Franklin Street, Crystal Lake, IL 60014 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 71 N Williams St
Date
Details
Price
Change
Source
2/09/2026
Listed
$549,900
42.83%
MLS
2/15/2019
Sold
$385,000
—
Public Record
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 71 N Williams St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,123
2%
$164,850
12%
2023
$13,787
100%
$147,835
9%
2022
-100%
$135,194
7%
2021
$12,423
—
$126,752
3%
2021
$12,423
5%
$122,953
5%
2019
$11,864
130%
$116,897
135%
2018
$5,154
-1%
$49,814
4%
2017
$5,231
—
$47,724
5%
2016
$5,206
1%
$45,534
7%
2015
$5,148
-1%
$42,719
2%
2014
$5,183
2%
$42,013
-3%
2013
$5,095
3%
$43,335
-6%
2012
$4,930
—
$46,037
—
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 71 N Williams St
71 N Williams Street, Crystal Lake, IL 60014 (MLS# 12555577) is a Commercial property. 71 N Williams Street is currently listed for $549,900 and was received on February 09, 2026. Want to learn more about 71 N Williams 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.

