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$340,000

37464 TERRACE Lane, Spring Grove, IL 60081
2 Beds2 Baths1,389 sqft5 days
37464 TERRACE Lane·Spring Grove, IL 60081
2Bedrooms
2Bathrooms
1,389Sq Ft
1946Year Built
About This Home

Incredible opportunity to own a beautifully updated waterfront home along scenic Nippersink Creek, offering direct access to Pistakee Lake and the Chain O'Lakes. This flowing waterway setting provides the perfect backdrop for both relaxation and recreation. The home has been thoughtfully updated with major improvements including a new furnace and A/C (2020), new windows (2025), and a replaced seawall with rip rap (2024). Inside, you'll find a well-appointed kitchen featuring stainless steel appliances, granite countertops, a stone backsplash, and a convenient butler's pantry. The kitchen opens seamlessly to a spacious living room with soaring floor-to-ceiling stone fireplace (wood-burning or gas), hardwood floors, and stunning water views. Step outside to a generous 25x16 deck overlooking the water-ideal for entertaining or enjoying peaceful mornings. The primary bedroom offers beautiful waterfront views, a walk-in closet, and French doors leading directly to the deck. Upstairs, a second bedroom provides privacy along with its own full bathroom and ample storage. Outdoor features truly shine with a U-shaped pier accommodating up to three boats, complete with a unique 15x12 patio space right on the pier. A custom limestone walkway with built-in fire pit adds to the charm, creating the perfect setting to unwind and take in the natural surroundings. Additional highlights include a new deck (2024), updated drainage and sump systems, garage roof replacement, patio doors, fencing, and more. The large heated garage features an 18-ft wide overhead door, plus extra parking space for all your recreational vehicles and toys. Tucked away near the end of a quiet street, this property offers exceptional privacy while delivering the ultimate waterfront lifestyle. A rare find-truly a must-see!

MLS# 12596571Listed March 19, 2026ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area1,389 sqft
Garage Spaces2
Fireplaces1
Year Built1946
Lot Size0.186 acres

Location

CountyLake
TownshipGrant
Zip Code60081

Financial

List Price$340,000
Price / Sq Ft$245
Annual Taxes (2024)$3,267
Monthly Tax Est.$272
Parcel #05043020050000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerStainless Steel Appliance(s)Water Softener Owned

Flooring

Hardwood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

Crawl Space

Laundry

Main LevelLaundry Closet

Fireplace

Wood BurningGas Log
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Lot Features

Channel Front
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Electric

Circuit Breakers100 Amp Service

Parking

AsphaltGarage Door OpenerHeated GarageYesGarage OwnedDetachedOwnedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

LakeWater RightsStreet Paved
Schools
High School
Grant Community High School
District: 124
Tax & Financial
Annual Taxes
$3,267
Tax Year 2024
Monthly Tax Est.
$272
per month
Price per Sq Ft
$245
per square foot
Property Location

37464 TERRACE Lane, Spring Grove, IL 60081 — Lake County

$340,000
$245 / sqft
37464 TERRACE Lane
2 bd2 ba1,389 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
2-car garage
1 fireplace
0.186 acres
$3,267/yr taxes
$0 HOA (not applicable)
$2,059
estimated monthly payment
Principal & Interest
$1,787/mo
Property Tax
$272/mo
$340,000
20% — $68,000
3%50%
6.875%
3%12%
Loan Amount
$272,000
Down Payment
$68,000

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

Listed by
HomeSmart Connect LLC
Agent: Tony Traynor
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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