See Home Value
Grundy 60416
1875 North Lincoln Lake Drive
$1,131,712*
House - Off Market

1875 North Lincoln Lake Drive

Coal City, IL 60416
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3400 Sqft
$990,000 - $1,208,000
Reference Base Price*
2.98%
Since Apr 1, 2022
National-US
Primary Model
Sold Mar 25, 2022
$1,000,000
Sold Feb 08, 2021
$900,000
$548,250 by Grundy Bank
Mortgage

About This Property

BEAUTIFUL LINCOLN LAKE HOME with Over 6 WOODED ACRES, WATERFRONT LOT PLUS PRIVATE SAND BEACH COVE. THIS IS A NEW CONSTRUCTION DREAM HOME.  This waterfront property features 4 bedrooms and 2.5 baths. Each of the 4 bedrooms in the home gives spectacular lake views. This home does not disappoint with its open concept space including a double door pantry. Right off the kitchen the lake beacons you through patio doors leading out to a raised deck overlooking the lake.  Full unfinished lookout basement w/roughed in bath. Heated 2.5 car garage.  9 foot ceilings on the main level, custom cabinets, quartz countertops, and subway tile backsplash. Designer lighting, Moen faucets, and quality window treatments throughout.  For your outdoor enjoyment this property boasts its own private cove, beautiful sandy beach and an oversized 10,000 sq.ft. poured concrete drive as well as 32X48 concrete shed pad.   There is also an area prepped and ready for you to install your dream boat dock. Boat, RV, jet skis - bring it all and then some! With 14+ miles of shoreline, Lincoln Lake is a private lake known for its beautiful estates and clean water. Enjoy all recreational sports as well as access to the club beach, campground, and sled hill. Located within 1 hour of the City of Chicago, Lincoln Lake is a convenient summer home or permanent residence, located in one of Illinois' top school districts.  Your new home is 15 minutes to nostalgic Downtown Morris shopping & dining - and same distance to major highways. Call to schedule a private showing today! See Video Tour.

The manager has listed the unit size as 3400 square feet.
Unit Size
3,400Ft²
Days on Market
-
Land Size
6.17 acres
Price per sqft
$323
Property Type
House
Property Taxes
$253
HOA Dues
$150
Year Built
1976

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold to Jeffrey Farrero $1,000,000
Sold to Jeffrey Farrero
Mar 16, 2022 No longer available -
No longer available
Feb 27, 2022 In contract -
In contract
Dec 1, 2021 Price Decreased $1,099,000
↓ $51K (4.4%)
Price Decreased
Oct 28, 2021 Listed $1,150,000
Listed
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 2
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 268,765
  • Total Building Area: 540
  • Gross Building Area: 540
  • Building Area: 540
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN LAKE UNIT 2
  • Land Acres: 6.17
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LINCOLN LAKE UNIT 2 LT 22 SEC 27-33-8

Ownership

  • Current Owner : FARRERO JEFFREY
  • Previous Owner : BECKER
  • Previous Owner 2: BRITTANY
  • Owner Before Previous Owner: MCCATTY ANDREW M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coal City Community Unit School District 1
  • Census Tract: 000700

Geography

  • District: 04
  • Parcel: 06-27-102-004
  • Lot: 22
  • Meridian: SEC 27 TWN 33N RNG 08W
  • Municipality: FELIX TOWNSHIP
  • Latitude: 41.3146
  • Longitude: -88.3018

    Address

  • Full Address: 1875 N Lincoln Lake Dr
  • Legal Unit: 2
  • Address - House Number: 1875
  • Street Direction: N
  • Address - Street Name: Lincoln Lake
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Coal City
  • Carrier Code: R001
  • 4-Digit Zip Code: 7043
  • Zip Code: 60416

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,223
  • Tax Rate Code Area: 4005

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 711,521
  • High Value: 839,519
  • Low Value: 583,524

    Market Valuation

  • Market Total Value: $457,539
  • Market Land Value: $163,302
  • Market Improvement Value: $294,237

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $152,513
  • Assessed Land Value: $54,434
  • Assessed Improvements Value: $98,079

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Transaction ID: 11889314053
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 612149
  • Previous Sale Recording Date: Feb 08, 2021
  • Previous Sale Contract Date: Jan 29, 2021
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GRUNDY BANK
  • Previous Mortgage Transaction Date: Feb 08, 2021
  • Previous Mortgage Loan Amount: $548,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grundy


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7750 Pine Bluff Road, Morris, IL, 60450

$5,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,919 ft²
7750 Pine Bluff Road, Morris, IL, 60450 Listing by Matthew Smith
Unit for rent at 345 N Shabbona Street, Coal City, IL, 60416

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 720 ft²
345 N Shabbona Street, Coal City, IL, 60416 Listing by Kristina Davy


Frequently Asked Questions

When was property at 1875 North Lincoln Lake Drive built and last sold?
The property at 1875 North Lincoln Lake Drive was built in 1976 and last sold on Mar 25, 2022 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 1875 North Lincoln Lake Drive is $1,071,846.
What are some comparable homes to 1875 North Lincoln Lake Drive?
There are currently no comparable homes to 1875 North Lincoln Lake Drive.

Quantcast