$560,000
$620,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,700 SqFt
SOLD DATE : 07/28/2023
Key Details
Sold Price $560,000
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $329
MLS Listing ID 11801957
Sold Date 07/28/23
Style Cottage
Bedrooms 4
Full Baths 3
Year Built 1961
Annual Tax Amount $6,313
Tax Year 2021
Lot Size 1.130 Acres
Lot Dimensions 25X645X131X623
Property Sub-Type Detached Single
Property Description
Have you ever dreamed of owning a waterfront property for yourself, have a working short-term rental (Air BnB, VRBO) property, or use it as a full/part time residence with rental options for the other units.... NOW is your chance!! Welcome to the Lotus Cottages nestled on the shores of Grass Lake on the Chain of Lakes. The property sits on 1.13 acres with 131 feet of waterfront. There are 3 separate income generated cottages that all have been recently updated. Unit 1 consists of 2 bedrooms, full kitchen, full bathroom, and a water view!!! Units 2 and 3 have 1 bedroom, kitchen, and full bathroom. There is also space to build a 4th cottage. A NEW brick paved patio with a large pergola and firepit are perfect for barbeques and million-dollar sunsets!!! Come see what this awesome property has to offer.
Location
State IL
County Lake
Area Spring Grove
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Laundry Gas Dryer Hookup, In Unit
Exterior
Exterior Feature Brick Paver Patio, Boat Slip, Fire Pit
Community Features Lake, Water Rights
Roof Type Asphalt
Building
Sewer Septic-Private
Water Private Well
New Construction false
Schools
Elementary Schools Lotus School
High Schools Grant Community High School
School District 114 , 114, 124
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Cory Green • Compass
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Broker | Owner