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$500,000

  • Sold
  • Closed
  • Commercial
  • 3,200 Sq. Ft.
  • Updated 1 day ago
See This Home
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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 for 71 N Williams St

General

  • Sold For: $500,000
  • Taxes: $14,123 (2024)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12555577
  • Added to Site: 151 day(s) ago

Interior

  • Interior Features: Multi-Tenant, Private Restroom(s), Basement
  • Fireplace: Yes
  • Flooring: Wood

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: Crystal Lake / Lakewood / Prairie Grove
  • County: McHenry
  • 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

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

  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1912
  • Tax Amount: $14,123
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 1432480044

Listed by Berkshire Hathaway HomeServices Starck Real Estate
Sold by Compass

Listing agents

— 71 N Williams St —

  • Berkshire Hathaway HomeServices Starck Real Estate

(815) 338-7111

Get Pre-Approved Today

Be ready to buy your new home!

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 71 N Williams St

School Districts:Community High School District 155, Crystal Lake Community Consolidated School District 47
NameGradesDistance
Husmann Elementary School
131 West Paddock Street, Crystal Lake, IL 60014
K-50.5 mi
Hannah Beardsley Middle School
515 East Crystal Lake Avenue, Crystal Lake, IL 60014
6-80.8 mi
Crystal Lake Central High School
45 West Franklin Street, Crystal Lake, IL 60014
9-120.5 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
7/09/2026
Sold
$500,000
-9.07%
MLS
2/09/2026
Listed
$549,900
—
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 Berkshire Hathaway HomeServices Starck Real Estate
Sold by Compass

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71 N Williams Street, Crystal Lake, IL 60014 (MLS# 12555577) is a Commercial property that was sold at $500,000 on July 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.