See Home Value
$218,000
● House - Off Market

87 Lake Lane

Fox Lake, IL 60020
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,665 Ft²
$1,900
Est. Monthly

About This Property

Bring your ideas and make this spacious home shine again! Offering 5 bedrooms, 2 full baths, a large kitchen with garden window, dining room with built-ins, first-floor primary bedroom, laundry area, 3-season room, plenty of storage, and ample parking, this home has tons of potential. The property also features a garage in wonderful condition that is deep enough to accommodate a boat, making it ideal for lake-area living. Located just two lots from Pistakee Lake access, this is a great opportunity for an owner-occupant, investor, or rehab buyer. The home needs updating and TLC, but several major improvements have already been completed, including a water heater in 2022, furnace and central air in 2025, and roof in May 2026. Fox Lake schools. Great space, great location, and excellent upside for the right buyer.
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$189
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1933

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,665
  • Gross Building Area: 1,881
  • Building Area: 1,665
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,665
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PISTAKEE PORTALS UNRECORDED SUB
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: N 1/2 LOTS 111-112 PISTAKEE PORTALS UNRECORDED SUB SECTION 9 TOWNSHIP 45 RANGE 9

Neighborhood

  • School District Name: Fox Lake Grade School District 114
  • Census Tract: 860908

Geography

  • District: GRANT
  • Parcel: 05-09-400-127
  • Lot: 111-1
  • Meridian: SEC 09 TWN 45 RNG 09
  • Municipality: TWP OF GRANT
  • Latitude: 42.3906
  • Longitude: -88.1882

    Address

  • Full Address: 87 Lake Ln
  • Address - House Number: 87
  • Address - Street Name: Lake
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Fox Lake
  • Carrier Code: C001
  • 4-Digit Zip Code: 1765
  • Zip Code: 60020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $435,700
  • Tax Rate Code Area: 6063

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 207,180
  • High Value: 244,136
  • Low Value: 170,225

    Market Valuation

  • Market Total Value: $140,778
  • Market Land Value: $15,239
  • Market Improvement Value: $125,539

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,921
  • Assessed Land Value: $5,079
  • Assessed Improvements Value: $41,842

    Sales

  • Current Sale Contract Date: Mar 23, 2007
  • Current Sale Recording Date: Apr 02, 2007
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6161627
  • Previous Sale Recording Date: Mar 26, 2004
  • Previous Sale Contract Date: Feb 27, 2004
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: 71
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 Eagle Point


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 2720 N Bayview Lane, McHenry, IL, 60051

$4,750 /mo

  • 3 Beds
  • 3 Baths
  • 4,200 ft²
2720 N Bayview Lane, McHenry, IL, 60051 Listing by Tracy Stella
Unit for rent at 6 N Pistakee Lake Road, Fox Lake, IL, 60020

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
6 N Pistakee Lake Road, Fox Lake, IL, 60020 Listing by Bryan Shaughnessy


Frequently Asked Questions

When was property at 87 Lake Lane built and last sold?
The property at 87 Lake Lane was built in 1933 and last sold on Mar 23, 2007 for $162,000.
How much is this home worth?
The estimated value of the home located at 87 Lake Lane is $318,150.
What are some comparable homes to 87 Lake Lane?
There are currently no comparable homes to 87 Lake Lane.