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$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 3 Car Garage
  • Updated 10 hours ago
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Discover the ultimate "set-it-and-forget-it" fully leased investment opportunity. This fully renovated, 4-unit multifamily property offers the perfect combination of modern luxury, high-income potential, and long-term land value. Located on two combined lots, this property provides extra opportunities-a rare find in today's market.

Full Property Details for 85 E Terra Cotta Ave

General

  • Price: $725,000
  • Taxes: $10,285 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12613476
  • Updated: 4/13/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Park, Lake, Water Rights, Curbs, Sidewalks, Street Paved

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Cable TV, Carbon Monoxide Detectors
  • Other Features: Commuter Bus, Commuter Train

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Crystal Lake / Lakewood / Prairie Grove
  • County: McHenry
  • Township: Nunda
  • Driving Directions: 14 OR 31 TO TERRA COTTA(176)TO HOME(FIRST&TERRA COTTA (BY VETERAN ACRES SOUTH SIDE OF STREET)

School Information

  • School District: 47
  • Elem School District: 47
  • Midd School District: 47
  • High School District: 155

Heating & Cooling

  • Heating Type: Natural Gas, Steam, Radiator(s)

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Model: 4 FLAT
  • Construction: Stone
  • Exterior Const.: Stone
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens
  • Year Built: 1910
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Manufactured Home

  • Model: 4 FLAT

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 132 x 120
  • Lot Features: Corner Lot
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1910
  • Tax Amount: $10,285
  • Tax Year: 2024
  • Pays Sewer: Public Sewer, Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1432429001

Listed by Perillo Real Estate Group

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Listing agent

— 85 E Terra Cotta Ave —

  • Perillo Real Estate Group

(847) 331-2112

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 85 E Terra Cotta Ave

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-50.8 mi
Hannah Beardsley Middle School
515 East Crystal Lake Avenue, Crystal Lake, IL 60014
6-81 mi
Crystal Lake Central High School
45 West Franklin Street, Crystal Lake, IL 60014
9-120.8 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 85 E Terra Cotta Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$725,000
159.86%
MLS
5/16/2019
Sold
$279,000
—
Public Record
Get Price Alerts and Save Property
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 for 85 E Terra Cotta Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,285
2%
$120,052
12%
2023
$10,040
100%
$107,660
9%
2022
-100%
$98,454
7%
2021
$8,459
—
$92,306
3%
2021
$8,459
-2%
$89,539
5%
2019
$8,640
37%
$85,130
39%
2018
$6,320
-1%
$61,087
4%
2017
$6,415
—
$58,524
5%
2016
$6,384
1%
$55,839
7%
2015
$6,313
-1%
$52,386
2%
2014
$6,355
2%
$51,520
-3%
2013
$6,247
3%
$53,141
-6%
2012
$6,046
—
$56,455
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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85 E Terra Cotta Avenue, Crystal Lake, IL 60014 (MLS# 12613476) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 85 E Terra Cotta Avenue is currently listed for $725,000 and was received on April 13, 2026. Want to learn more about 85 E Terra Cotta 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.

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