ACTIVE UNDER CONTRACTPrice Reduced

$1,099,000

$1,200,000
26048 Forest,Antioch, IL 60002
5 Beds4 Baths369 days on market
26048 Forest·Antioch, IL 60002
5Bedrooms
4Bathrooms
1978Year Built

About This Home

Welcome to your dream investment property with 161 feet of Lake Marie frontage! This stunning Lake Marie lakefront retreat boasts not one, but two legal rental units, perfect for lucrative short-term rentals or as your getaway with rental income potential. The upper unit offers spacious living with three bedrooms and two bathrooms. The kitchen, eating area and family room flow seamlessly together. The kitchen has a breakfast bar, room for a large table to tons of counter space. You'll always be in the action as the kitchen is open to the cozy living room with a fireplace. You'll enjoy panoramic views of Lake Marie from both. The master suite is a sanctuary unto itself, featuring a luxurious ensuite bathroom with a large tub for unwinding after a long day. The two additional bedrooms share a well-appointed bathroom. Convenience is key with in-unit laundry facilities, ensuring your guests have everything they need for a comfortable stay. Step outside onto the lakefront deck and soak in the breathtaking views while enjoying your morning coffee or evening cocktail. The lower unit is equally inviting, offering two bedrooms plus a den and two full bathrooms. Imagine relaxing on the lakefront patio, taking in the serene surroundings and listening to the gentle lapping of the waves. The two units are connected by a staircase if you have a large group and want to spread out to both units. But the beauty doesn't stop there. This property is designed for outdoor enjoyment with two fire pit areas, perfect for cozy evenings under the stars. A lakefront stamped concrete patio provides ample space for entertaining or simply lounging lakeside. For water enthusiasts, there's a pier and boat launch, making it easy to explore the pristine waters. Need storage space for all your outdoor gear, boats and jet skis? The 26 x 77 pole barn allows you to store them all. Or, if you're a car enthusiast you'll love the pole barn's unobstructed space. You could also rent the space for additional income. Don't miss out on this rare opportunity to own a piece of paradise with endless rental potential. Property is being sold turn key so you can start enjoying it on day 1! Schedule your showing today and start living the lake life you've always dreamed of!

MLS# MRD12272167Listed January 15, 2025Residential IncomeSubdivision: Shady Nook

Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms4
Total Rooms11

Size & Structure

Year Built1978
Lot Size0.390 acres

Location

CountyLake
TownshipAntioch
SubdivisionShady Nook
Zip Code60002

Financial

List Price$1,099,000
Original Price$1,200,000
Annual Taxes (2024)$18,902
Monthly Tax Est.$1,575
Parcel #01142120450000

Interior Features

Heating

Natural GasForced Air

Basement

None

Exterior & Lot

Construction Materials

Steel SidingFrame

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

BalconyBoat SlipFire PitDock

Patio & Porch

Patio

Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Parking Features

DrivewayYesOwned

HOA & Community

Community Features

LakeStreet Paved

Tax & Financial Info

Annual Taxes
$18,902
Tax Year 2024
Monthly Tax Est.
$1,575
per month
Price Reduced by $101,000
Original list price: $1,200,000

Property Location

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26048 Forest, Antioch, IL 60002Lake County

$1,099,000
26048 Forest
5 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts

369 days on market
0.390 acres
$18,902/yr taxes
Price reduced $101,000
$7,351
estimated monthly payment
Principal & Interest
$5,776/mo
Property Tax
$1,575/mo
$1,099,000
20% — $219,800
3%50%
6.875%
3%12%
Loan Amount
$879,200
Down Payment
$219,800

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

Listed by
Lakes Realty Group
Agent: Patricia Smarto
REALTOR® Logo
Equal Housing Opportunity Logo
Equal Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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