See Home Value
$680,000
● House - Off Market

258 Lippincott Lane

Fox Lake, IL 60020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$4,648
Est. Monthly
2.18%
Cap Rate

About This Property

This is a rare opportunity to own a stunning lakefront property with almost 60' of lake frontage on Fox Lake, next to a quiet park and beach! This unique property includes FOUR adorable cottages, each with its own cozy charm, meticulously updated and ready for immediate enjoyment!  Perfect for multi-generational living, guest retreats, or generating rental income. Short term rentals permitted with city approval. Each cottage contains the following:   Cottage 1: 3 bedrooms, 2 bathroom with roughly 1,100 sqft and basement  Cottage 2: Studio, 1 bathroom with roughly 350 sqft  Cottage 3: 1 bedroom, 1 bathroom with roughly 450 sqft     Cottage 4: 2 bedrooms, 1 bathroom with roughly 1,000 sqft  All cottages share the beautiful shoreline with steel seawall and pier. Some of the many updates in these cottages include new floors, new appliances and window coverings, in addition to new furnaces, new roofs and gutters. Bring your boat and water activities and prepare to relax! Please see additional information for a full list of extensive updates and improvements! Property is being sold As-Is.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$695
Property Type
House
Property Taxes
$1,235
HOA Dues
-
Year Built
1943

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Last updated: 2 years ago (MRED MLS #12162134)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Sold
Feb 6, 2025 In contract -
In contract
Sep 18, 2024 Listed by @properties Christie's International Real Estate $695,000
Listed by @properties Christie's International Real Estate

Property Highlights


Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 125
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,828
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J L TWEEDS SUB
  • Land Acres: 0000000295
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: J L TWEEDS SUB (EX E 16 FT) LOT 7

Neighborhood

  • School District Name: Fox Lake Grade School District 114
  • Census Tract: 860903

Geography

  • Assessors Map Reference: 2473-C3
  • District: GRANT
  • Parcel: 05-03-401-010
  • Lot: 7
  • Municipality: TWP OF GRANT
  • Latitude: 42.4009
  • Longitude: -88.1612

    Address

  • Full Address: 258 Lippincott Ln
  • Address - House Number: 258
  • Address - Street Name: Lippincott
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Fox Lake
  • Carrier Code: C006
  • 4-Digit Zip Code: 1672
  • Zip Code: 60020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,482,274
  • Tax Rate Code Area: 6063

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 434,762
  • High Value: 510,937
  • Low Value: 358,588

    Market Valuation

  • Market Total Value: $526,951
  • Market Land Value: $103,063
  • Market Improvement Value: $423,888

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,633
  • Assessed Land Value: $34,351
  • Assessed Improvements Value: $141,282

    Sales

  • Current Sale Contract Date: Jan 18, 2002
  • Current Sale Recording Date: Mar 20, 2002
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4885421
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Lippincott Point Estates


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Frequently Asked Questions

When was property at 258 Lippincott Lane built and last sold?
The property at 258 Lippincott Lane was built in 1943 and last sold on Jan 18, 2002 for $207,000.
How much is this home worth?
The estimated value of the home located at 258 Lippincott Lane is $701,950.
What are some comparable homes to 258 Lippincott Lane?
There are currently no comparable homes to 258 Lippincott Lane.