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157 Fossil Cove Lane Wilmington, IL 60481 Residential - Single Family Contingent

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Description

Waterfront living at its best! This charming park model offers 1 bedroom, 1 bathroom, and a spacious addition that provides extra living space for relaxing or entertaining. Thoughtfully designed with full ADA accessibility throughout, this home combines comfort, convenience, and functionality. The bright living room is surrounded by windows, filling the space with natural light and offering beautiful waterfront views. The bathroom features a walk-in shower for easy accessibility. Outside, you'll enjoy a covered back porch overlooking the water, a private boat dock with added winch, raised garden bed, low-maintenance flower gardens, and a storage shed. Located near the beach and amenity center, this property offers the perfect balance of recreation and relaxation. With plenty of parking and easy, low-maintenance living, it's ideal as a full-time residence, seasonal getaway, or weekend retreat. Need space for extended family or related living? Two neighboring properties are available, creating a unique opportunity to own side-by-side waterfront homes. Please note: The self-contained solar panel system does not stay with the property. The accessibility ramp can be removed by the buyer if desired. Shadow Lakes is a private gated community surrounded by miles of interconnecting, spring-fed channels, lakes, and marshes-perfect for fishing, swimming, and boating, with some areas reaching depths of up to 42 feet, offering great opportunities for big fish. Wildlife is plentiful, adding to the natural beauty of the area. The HOA provides a wide range of amenities, including a clubhouse, two community pools, a separate sandy beach, golf cart trails, nature walks, an ice skating rink in winter, a pavilion, a dog park, and sports facilities such as volleyball and basketball courts, pickleball, along with other recreational activities suitable for families and groups. Whether you're looking for a full-time residence or a weekend retreat, this community offers a relaxing and active lifestyle. Conveniently located near I-55 and only 60 minutes from Chicago, it's an ideal escape. The community allows only electric boats and golf carts, with association dues tiered based on level of usage; these dues cover your water, sewer, and garbage costs. Prospective buyers and agents are encouraged to contact Shadow Lakes or visit the website for current rules and detailed information. Please note that lot sizes and square footage are estimated.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 620
Built in 1995
School District: District 255U
River Front

General Information

Bedrooms: 1
Bathrooms: 1
Sqft: 620
County: Will
Subdivision: Shadow Lakes
Listed By:
Hexagon Real Estate 815-986-9718
MRED MLS

Room Information

Dining Room: 10X8
Kitchen: 10X11
Living Room: 11X20
Primary Bedroom: 10X8
$154,000
Est. $1,063/mo
1beds
1baths
620sqft
Contingent
BEDS1 BATHS1 full SQUARE FEET620 MLS#12666984
STATUSContingent PROPERTY TYPEResidential - Single Family SUBDIVISIONShadow Lakes SCHOOLDistrict 255U

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157 Fossil Cove Lane, Wilmington, IL 60481.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $154,000$154,000$154,000
Down Payment $30,800$5,390$38,500
Monthly Mortgage Amount $749$919$951
Taxes $214$214$214
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$68$0
Monthly Estimated Total $1,063$1,301$1,265

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