Who's is ready for summer days on the water? This 1.5 story home with finished basement can be your full time residence, or your cozy cabin getaway. Inside you will find 2-3 Bedrooms, depending on your needs. Large upstairs bedroom is a loft overlooking the main living area. Cathedral ceiling and cascading windows give you plenty of light! Kitchen area is open to dinette, also overlooking the water. Corian Counters and all appliances stay. Bedroom on main floor was used as a toy room, but with the built-ins, could easily be used as another bedroom or office. Basement is finished and used as a master bedroom, with it's own full bath. Laundry room is enclosed with washer and dryer. Outside, we have a fully fenced , split rail rustic fence. Through the gate sits your waterfront oasis, complete with boat doc. Come live a life you don't need a vacation from. Items to mention: Generac Generator, 2023: New hot water tank, A/C and furnace, 2024 New gas lines for generator, some new flooring. This is a private gated community. We have miles of fresh water channels, lakes, and marshes all interconnecting. This is the place to fish, swim, or boat, where it can reach 42 feet deep in some areas. (BIG FISH POSSIBILITIES!) Wildlife is abundant as well. This association includes a club house, community pool, a separate sand beach, pavilion, dog park, volleyball and basketball area (other games as well). They offer plenty of family and group activities. Other important notes: Close to I55 & only 60 Mins. from Chicago. Only Electric Boats & Golf Carts allowed. Association Dues are on a tiered basis and depend on the time you spend at the property- . Dues include water, sewer and garbage. Buyer / Buyer's agent to call Shadow Lakes to verify all rules / info. Lot size and square footage is estimated.
Closed
$230,000
166 Fossil Cove Ln, Wilmington, IL 60481
3beds
1,100sqft
Single Family Residence
Built in 1994
5,227 Square Feet Lot
$240,500 Zestimate®
$209/sqft
$2,165 Estimated rent
Home value
$240,500
$221,000 - $262,000
$2,165/mo
Zestimate® history
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$3,825/mo
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List your homeWhat's special
Waterfront oasisFinished basementCascading windowsCathedral ceilingCorian counters
Zillow last checked:
Listing updated:
Listed by:
Diane Martin 815-735-0402,
Hexagon Real Estate
Bought with:
Christina Atamian
john greene, Realtor
Source: MRED as distributed by MLS GRID,MLS#: 12381205
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Second
- Area: 180 Square Feet
- Dimensions: 12X15
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 3
- Level: Basement
- Area: 220 Square Feet
- Dimensions: 20X11
Kitchen
- Features: Kitchen (Eating Area-Table Space)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Laundry
- Level: Basement
- Area: 96 Square Feet
- Dimensions: 12X8
Living room
- Level: Main
- Area: 330 Square Feet
- Dimensions: 22X15
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Washer, Dryer
- Laundry: In Unit
Features
- Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Beamed Ceilings
- Basement: Finished,Partial
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 1,100 sqft
Property
Parking
- Total spaces: 3
- Parking features: Gravel, On Site, Owned
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1.5
- Patio & porch: Deck
- Has view: Yes
- View description: Water, Back of Property, Side(s) of Property
- Has water view: Yes
- Water view: Water,Back of Property,Side(s) of Property
- Waterfront features: Channel Front
Lot
- Size: 5,227 Square Feet
- Dimensions: 50X104
- Features: Water Rights
Details
- Parcel number: 0224041320130000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Clubhouse, Park, Pool, Lake, Water Rights, Gated, Street Paved
- Security: Carbon Monoxide Detector(s)
- Subdivision: Shadow Lakes
HOA
- Has HOA: Yes
- Services included: Water, Security, Clubhouse, Pool, Scavenger, Lake Rights, Other
- HOA fee: $2,070 annually
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $123,891
- Annual tax amount: $2,280
- Date on market: 6/2/2025
- Listing terms: Conventional
- Ownership: Fee Simple w/ HO Assn.
- Has irrigation water rights: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $230,000+7.5%$209/sqft |
Source:  MRED as distributed by MLS GRID #12381205 Report a problem | ||
| 6/9/2025 | Contingent | $214,000$195/sqft |
Source: MRED as distributed by MLS GRID #12381205 Report a problem | ||
| 6/2/2025 | Listed for sale | $214,000+38.1%$195/sqft |
Source: MRED as distributed by MLS GRID #12381205 Report a problem | ||
| 2/3/2023 | Sold | $155,000-6.1%$141/sqft |
Source: MRED as distributed by MLS GRID #11696875 Report a problem | ||
| 1/6/2023 | Pending sale | $165,000+2100%$150/sqft |
Source: MRED as distributed by MLS GRID #11696875 Report a problem | ||
| 10/31/1997 | Sold | $7,500$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,240 +52.4% | $41,297 +11.6% |
| 2023 | $1,469 -6.4% | $36,988 +10.2% |
| 2022 | $1,570 +5.3% | $33,565 +4.8% |
| 2021 | $1,491 +8.9% | $32,037 +5.6% |
| 2020 | $1,370 +9.1% | $30,352 +5.9% |
| 2019 | $1,255 +6.6% | $28,661 +4.5% |
| 2018 | $1,178 +3.1% | $27,426 +2% |
| 2017 | $1,143 +4.8% | $26,888 +3.4% |
| 2016 | $1,091 +5.5% | $26,004 +2.7% |
| 2015 | $1,034 | $25,332 |
| 2014 | $1,034 -4.5% | $25,332 -6.5% |
| 2013 | $1,083 -8.7% | $27,093 -4.7% |
| 2012 | $1,186 -7.7% | $28,444 -9.1% |
| 2011 | $1,285 -2.1% | $31,294 |
| 2010 | $1,313 -17.9% | $31,294 |
| 2009 | $1,599 -1.5% | $31,294 |
| 2008 | $1,623 | $31,294 +3.7% |
| 2007 | -- | $30,174 +4.4% |
| 2006 | $1,503 +1.4% | $28,914 +6.1% |
| 2005 | $1,483 +7.6% | $27,262 +6.9% |
| 2004 | $1,377 +3% | $25,512 +5.5% |
| 2003 | $1,337 -14.3% | $24,178 +2.5% |
| 2002 | $1,561 | $23,587 |
Find assessor info on the county website
Neighborhood: 60481
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Nearby schools
GreatSchools rating
- 7/10Reed-Custer Intermediate SchoolGrades: PK-5Distance: 1.9 mi
- 7/10Reed-Custer Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Reed-Custer High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: 255U
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$240,500
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Estimated market value
$240,500
- Illinois
- Will County
- Wilmington
- 60481
- 166 Fossil Cove Ln
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