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$63,000   Price Analysis
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199 Fossil Cove Ln
Wilmington, IL 60481
1 bed 1 bath 500 SqFt ($126/SqFt)
4,792SqFt lot. Built 1999
Listed 2024-01-06, HOA $81, Taxes $853
USDA Eligible
near Wilmington, IL
 

Park model and shed located on a water front lot in Shadow Lakes.

Priced for its location, this property is in need of some TLC or possibly bring in our own park model to enjoy this waterfront lot. Laundry hook ups exist in this home already. Double loft area, use for storage or extra sleeping areas. Year built is estimated. Tax records say 1999. Seller is selling as is, no warranties on park model or personal property conveyed. Title to park model is MIA. Water is not on. Boat and trailer to convey as well. This is a private gated communty. We have miles of fresh water channels, lakes and marshes all interconnecting.

This is the place to fish, swim or boat, where it can reach 42 feet deep in some areas. (BIG FISH POSSIBILITIES!) Wildlife is abundant as well. This association includes a club house, community pool, a separate sand beach, pavilion, dog park, volleyball and basketball area (other games as well). They offer plenty of family and group activities. Other important notes: Close to I55 and 60 Mins. from Chicago. Only Electric Boats and Golf Carts allowed. Association Dues are on a tiered basis and depend on the time you spend at the property- . Dues include water, sewer and garbage. Buyer / Buyer's agent to call Shadow Lakes to verify all rules / info. Lot size and square footage is estimated.


Presented by Diane Martin at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #11957062 from MRED

Bedrooms: 1
Bedrooms Possible: 1
Primary Bedroom Dimensions: 11 x 10
Primary Bedroom Level: Main

Total Rooms: 4
Loft
Loft: 11 x 10
Loft Level: Second
Living Room Dimensions: 11 x 10
Loft Dimensions: 11 x 6
Living Room Level: Main
Loft Level: Second

Total Bathrooms: 1
Full Bathrooms: 1

Vaulted/Cathedral Ceilings
First Floor Bedroom
First Floor Laundry
First Floor Full Bath

Range
Refrigerator
Washer
Dryer
Laundry Features: Laundry Closet

Cooling Features: Central Air
Heating Features: Propane

Kitchen Dimensions: 11 x 10
Kitchen Level: Main

Lot Description: Channel Front, Water Rights, Water View, Views, Waterfront
Lot Size Acres: 0.11
Lot Size Dimensions: 50X100
Lot Size Square Feet: 4792

Parking Total: 4

Association: Yes
Association Fee: 976
Association Fee Frequency: Annually
Association Fee Includes: Water, Insurance, Security, Clubhouse, Pool, Scavenger, Lake Rights
Calculated Total Monthly Association Fees: 81

High School District: 255U

Reed-Custer Middle School is a public middle school located approximately 1.9 miles away.
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Reed-Custer High School is a public high school located approximately 1.9 miles away.
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Reed-Custer Intermediate School is a public elementary school located approximately 1.8 miles away.
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St Rose School is a private elementary and middle school located approximately 3.4 miles away.
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Community Features: Clubhouse, Park, Pool, Lake, Dock, Water Rights, Gated, Street Lights, Street Paved

Annual Tax Amount: 878.00
Source Listing Status: Active
County: Will
Directions: Gate 3 on Novy Rd
Tax Year: 2022
Ownership: Fee Simple w/ HO Assn.
Source Property Type: Residential
Source Neighborhood: Shadow Lakes
Parcel Number: 0224041320280000
Subdivision: Shadow Lakes
Township: Reed
Management Company: Shadow Lakes
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$unknown + $11,878
$11,878
$853
2020$unknown + $11,253
$11,253
$800
2019$unknown + $10,626
$10,626
$759
2018$unknown + $10,168
$10,168
$733
2017$unknown + $9,969
$9,969
$720
2016$unknown + $9,641
$9,641
$704
2015$unknown + $9,392
$9,392
$690
2014$unknown + $9,392
$9,392
$681
2013$unknown + $10,045
$10,045
$679
2012$unknown + $10,546
$10,546
$682
2011$unknown + $11,603
$11,603
$704
2010$unknown + $11,603
$11,603
$720
2009$unknown + $11,603
$11,603
$738
2008$unknown + $11,603
$11,603
$735
2007$unknown + $11,188
$11,188
$704
2006$unknown + $10,721
$10,721
$679

Price Changed 2024-06-10
$63,000
MRED
Listed 2024-01-06
$69,500
MRED
Sold 1999-08-20
$33,000
Public Record
Sold 1996-07-19
$27,000
Public Record

Total Square Feet Living: 500
Year Built: 1999
Property Age: 25
Levels or Stories: 1

Sewer: Public Sewer
Water Source: Public
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.