ClosedPrice Reduced

$609,000

$629,000
2050 Lincoln Lake Drive, Coal City, IL 60416
2 Beds1 Baths1,100 sqft187 days
2050 Lincoln Lake Drive·Coal City, IL 60416
2Bedrooms
1Bathrooms
1,100Sq Ft
1980Year Built
About This Home

5 acre, well-kept parcel of wooded land with waterfront views and lake access. Look up the comps...now add a long asphalt driveway leading to a 28x30 outbuilding, 20x22 woodshed, and a 24x30 garage. Don't forget the deck, gazebo, dock, well and septic and backup generator. You can't duplicate that at this price! Let's just say the move-in ready ranch is free! Gather the family, or use it as a business getaway. Cash in as a rental property. Heck, rent the out buildings too. A perfect weekend getaway or home office. One of the few private ski lakes in Illinois, this 115 acre lake, with over 14 miles of shoreline, is one of the cleanest waters in the Midwest. Known for "all sports" Lincoln Lake offers long summer days of boating, water skiing, jet skiing, fishing, kayaking & swimming. The only developed, waterfront property currently available on Lincoln Lake! Enjoy today, and should you decide to expand or even rebuild there's still plenty of value in the property. The true cabin feel you desire in a lake house. Great layout, including a stone fireplace in the family room. Freshly painted with new windows. skylights, flooring, appliances, lighting, fixtures and quartz countertops. Plenty of space indoors and out for family gatherings, weekend retreats, and to store all the water/land toys. Bonus room off of the adjoining 6x15 patio would make a perfect private home office, entertaining option, or spacious living area for guests or extended family. A large deck unites the covered, outdoor dining area and swing to the screened in gazebo for bug free evenings. Minus the run down boat launch, smelly outhouse and bologna sandwich lunch. Instead you'll dock your boat at your unique hillside homesite on 5 ACRES. This wooded, rolling terrain has unlimited possibilities...ATV, dirt bike, walking, hiking and/or riding trails for horse lovers. Changing seasons creates new adventures with ice skating, ice fishing, snowmobiling & cross country skiing. Enough flat land to create your own rink if desired. As a Goose Lake homeowner you also have access to the club beach, camping & community sled hill. Less than one hour to southwest Chicago. Ample parking with garage space for 8 cars, oversized pole barn & garage for an abundance of toys. 15 minute drive to shopping in downtown nostalgic Morris (ranked #3 for best downtown shopping in Illinois. Sounds like fun, doesn't it? 2021 is your year to "think outside the box", Let's write!

MLS# 10976005Listed January 21, 2021ResidentialRanchSubdivision: Goose Lake
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area1,100 sqft
Garage Spaces8
Fireplaces1
Year Built1980
Lot Size5.040 acres

Location

CountyGrundy
TownshipFelix
SubdivisionGoose Lake
Zip Code60416

Financial

List Price$609,000
Original Price$629,000
Price / Sq Ft$554
Annual Taxes (2019)$1,998
Monthly Tax Est.$167
Parcel #0622300026
Interior Features

Appliances

RangeRefrigeratorWasherDryerStainless Steel Appliance(s)Range HoodWater Softener Owned

Heating

ElectricBaseboard

Cooling

Central Air

Basement

Crawl Space

Laundry

Main LevelElectric Dryer HookupIn UnitLaundry Closet

Fireplace

Wood Burning Stove
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

DockLighting

Patio & Porch

DeckPatioPorch

Lot Features

Water RightsWoodedMature TreesSloped
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Electric

Circuit Breakers100 Amp Service

Parking

AsphaltGarage Door OpenerTandemGarageOn SiteGarage OwnedDetached
HOA & Community
HOA Fee
$15
Monthly

HOA Includes

Lake Rights

Community Features

ClubhouseParkLakeDockWater RightsStreet LightsStreet Paved
Schools
Elementary
Coal City Elementary School
District: 1
Middle School
Coal City Middle School
District: 1
High School
Coal City High School
District: 1
Tax & Financial
Annual Taxes
$1,998
Tax Year 2019
Monthly Tax Est.
$167
per month
Price per Sq Ft
$554
per square foot
Price Reduced by $20,000
Original list price: $629,000
Property Location

2050 Lincoln Lake Drive, Coal City, IL 60416Grundy County

$609,000
$554 / sqft
2050 Lincoln Lake Drive
2 bd1 ba1,100 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
187 days on market
8-car garage
1 fireplace
5.040 acres
$1,998/yr taxes
$15 HOA (monthly)
Price reduced $20,000
$3,382
estimated monthly payment
Principal & Interest
$3,201/mo
Property Tax
$167/mo
HOA
$15/mo
$609,000
20% — $121,800
3%50%
6.875%
3%12%
Loan Amount
$487,200
Down Payment
$121,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Century 21 Affiliated
Agent: Mike McCatty
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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