ClosedPrice Reduced

$185,000

$230,000
16322 Shangri La Lot 5 Road, Oakwood, IL 61858
3 Beds2 Baths2,587 sqft141 days
16322 Shangri La Lot 5 Road·Oakwood, IL 61858
3Bedrooms
2Bathrooms
2,587Sq Ft
About This Home

Looking for lakeside living? Whether you've been considering a move year round or looking for that perfect 'get-away' spot, we've got you covered! We think you'll find the seclusion and tranquility you've been desiring on this 35.6 acre lake. This sprawling 3 BR/2 bath ranch with 2587 SF has it all, but the views are my personal favorite! Imagine waking up to all the change of seasons overlooking your own private dock/water front paradise. The house itself is full of natural light and with a LR, FR with a cozy fireplace for those snowy nights, AND a huge screened porch area, you'll be sure to find a quiet place to catch up with your favorite book or to host friends and family! In addition, the Shangri-La community gives you access to a private beach, pavilion and a stocked lake for fishing and boating. Roof was new in 2017, complete exterior was painted in 2024, all bedrooms have new flooring, new ceiling fans, new gutters with covers, new home intake water pump with a new water line that runs to the lake, new shower head and fashionable faucet in the kitchen. Reverse osmosis installed in 2020 for drinking water. Water softener is owned which is used for laundry and showers. A 1-car garage, a full size canoe with paddles, a new in 2024 state of the art water filtration system w/UV light filtration/multi 5 step mineral filtration/Culligan sanitization system, a hot tub, & a utility shed is also a part of this package deal with a nice garden area just over the hill with an additional utility shed. A brand new dishwasher in the box with a water line already ran is also included. This is truly a way to enjoy all the beauty nature has to offer without sacrificing amenities of everyday living. Call today for your private showing!

MLS# 12451094Listed August 22, 2025Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms9

Size & Structure

Living Area2,587 sqft
Garage Spaces1
Lot Size.50 acre

Location

CountyVermilion
TownshipOakwood
Zip Code61858

Financial

List Price$185,000
Original Price$230,000
Price / Sq Ft$72
Annual Taxes (2023)$2,147
Monthly Tax Est.$179
Parcel #22164000020000
Interior Features

Heating

Electric

Cooling

Central Air

Basement

Crawl Space
Exterior & Lot

Construction

Cedar
Utilities & Parking

Sewer

Septic Tank

Water Source

Lake WaterShared WellWell

Parking

YesGarage OwnedDetachedOwnedGarage
HOA & Community
HOA Fee
$875
Annually

HOA Includes

ClubhouseLake Rights

Community Features

DockWater RightsOther
Tax & Financial
Annual Taxes
$2,147
Tax Year 2023
Monthly Tax Est.
$179
per month
Price per Sq Ft
$72
per square foot
Price Reduced by $45,000
Original list price: $230,000
Property Location

16322 Shangri La Lot 5 Road, Oakwood, IL 61858 — Vermilion County

$185,000
$72 / sqft
16322 Shangri La Lot 5 Road
3 bd2 ba2,587 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
141 days on market
1-car garage
.50 acre
$2,147/yr taxes
$875 HOA (annually)
Price reduced $45,000
$1,224
estimated monthly payment
Principal & Interest
$972/mo
Property Tax
$179/mo
HOA
$73/mo
$185,000
20% — $37,000
3%50%
6.875%
3%12%
Loan Amount
$148,000
Down Payment
$37,000

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

Listed by
CLINGAN,JIM AUCTION&REALTY,INC
Agent: Erin Clingan-Harrison
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