Essex Realty Group, Inc. secured a buyer for this 18-unit townhome complex after a highly competitive marketing process. The property was on the market for less than three weeks before going under contract.
The properties all have new tear-off roofs within the last 5 years and the six (6) units in the 451-455 buildings have unfinished basements. Buildings 431-445 are on a concrete slab.
While there is an association for the neighboring townhomes, the subject property is not required to pay any association fees.
Located in the highly desirable suburb of Crystal Lake, the property’s location affords tenants easy access to many of Crystal Lake’s amenities such the Crystal Lake Country Club, Country Corners Shopping Center, and is a short distance from the area’s greatest attraction, the Three Oaks Recreation Area. Three Oak is situated on multiple lakes and features hiking paths, a beach area, and boat rentals.