Welcome to this charming Cape Cod-style home nestled along the Nippersink Channel, offering beautiful views and direct access to the Chain of Lakes. Fully rehabbed in 2016, this home features 3 bedrooms, 2 full baths, and over 1,600 square feet of comfortable living space. Inside, you'll find an open-concept main floor with wood laminate flooring, stainless steel appliances, and convenient main-level laundry. Large windows frame picturesque water views, filling the home with natural light. Step outside to enjoy the spacious deck-perfect for relaxing or entertaining-as well as a private fenced yard, fire pit, and your own dock for lakeside enjoyment and boat slip. Boat included! The detached 1.5-car garage and asphalt driveway offer ample parking and storage. Whether you're looking for a full-time residence or a weekend escape, this beautifully updated waterfront home delivers charm, comfort, and unbeatable scenery in a serene, established neighborhood.
Closed
$351,000
37456 N Terrace Ln, Spring Grove, IL 60081
3beds
1,656sqft
Single Family Residence
Built in 1935
0.27 Acres Lot
$394,600 Zestimate®
$212/sqft
$2,843 Estimated rent
Home value
$394,600
$367,000 - $426,000
$2,843/mo
Zestimate® history
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$2,698/mo
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Est. payment
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List your homeWhat's special
Private fenced yardCape cod-style homeLarge windowsBoat slipFire pitOpen-concept main floorMain-level laundry
Zillow last checked:
Listing updated:
Listed by:
Margaret Gancer 708-620-0350,
Compass
Bought with:
Vanessa Preston
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12387523
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Deck
Primary bedroom
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 240 Square Feet
- Dimensions: 20X12
Bedroom 2
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 3
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 80 Square Feet
- Dimensions: 8X10
Deck
- Level: Main
- Area: 220 Square Feet
- Dimensions: 22X10
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8X12
Family room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 136 Square Feet
- Dimensions: 17X8
Kitchen
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Laundry
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5X8
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 304 Square Feet
- Dimensions: 19X16
Heating
- Natural Gas, Steam, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Unit
Features
- Basement: Crawl Space
Interior area
- Total structure area: 0
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 1.5
- Parking features: Asphalt, On Site, Garage Owned, Detached, Owned, Garage
- Garage spaces: 1.5
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Boat Slip, Fire Pit
- Fencing: Fenced,Chain Link
- Has view: Yes
- View description: Water, Back of Property
- Has water view: Yes
- Water view: Water,Back of Property
- Waterfront features: Lake Front, Channel Front
Lot
- Size: 0.27 Acres
- Dimensions: 82X150X75X142
- Features: Water Rights
Details
- Additional parcels included: 05043020100000
- Parcel number: 05043020060000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Services included: None
Location
- Region: Spring Grove
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $221,890
- Annual tax amount: $6,073
- Date on market: 6/11/2025
- Listing terms: Conventional
- Ownership: Fee Simple
- Has irrigation water rights: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $351,000-6.4%$212/sqft |
Source:  MRED as distributed by MLS GRID #12387523 Report a problem | ||
| 6/27/2025 | Contingent | $375,000$226/sqft |
Source: MRED as distributed by MLS GRID #12387523 Report a problem | ||
| 6/11/2025 | Listed for sale | $375,000+24%$226/sqft |
Source: MRED as distributed by MLS GRID #12387523 Report a problem | ||
| 7/7/2022 | Sold | $302,500+4.3%$183/sqft |
Source: MRED as distributed by MLS GRID #11425087 Report a problem | ||
| 6/8/2022 | Contingent | $290,000$175/sqft |
Source: MRED as distributed by MLS GRID #11425087 Report a problem | ||
| 6/4/2022 | Listed for sale | $290,000+20.8%$175/sqft |
Source: MRED as distributed by MLS GRID #11425087 Report a problem | ||
| 10/9/2021 | Contingent | $240,000$145/sqft |
Source: MRED as distributed by MLS GRID #11239067 Report a problem | ||
| 10/6/2021 | Listed for sale | $240,000+14.3%$145/sqft |
Source: MRED as distributed by MLS GRID #11239067 Report a problem | ||
| 9/9/2019 | Sold | $210,000-12.1%$127/sqft |
Source:  MRED as distributed by MLS GRID #10443272 Report a problem | ||
| 7/31/2019 | Pending sale | $239,000$144/sqft |
Source: Success Realty Group Inc #10443272 Report a problem | ||
| 7/8/2019 | Price change | $239,000-1.6%$144/sqft |
Source: Success Realty Group Inc #10443272 Report a problem | ||
| 6/24/2019 | Price change | $243,000-2%$147/sqft |
Source: Success Realty Group Inc #10443272 Report a problem | ||
| 5/4/2019 | Price change | $248,000-0.8%$150/sqft |
Source: Success Realty Group Inc #10443272 Report a problem | ||
| 4/15/2019 | Price change | $250,000-2%$151/sqft |
Source: Success Realty Group Inc #10443272 Report a problem | ||
| 2/18/2019 | Listed for sale | $255,000-3.8%$154/sqft |
Source: Success Realty Group Inc #10443272 Report a problem | ||
| 12/12/2018 | Listing removed | $265,000$160/sqft |
Source: Success Realty Group Inc #10015937 Report a problem | ||
| 9/22/2018 | Price change | $265,000-3.6%$160/sqft |
Source: Success Realty Group Inc #10015937 Report a problem | ||
| 8/2/2018 | Price change | $275,000-3%$166/sqft |
Source: Success Realty Group Inc #10015937 Report a problem | ||
| 7/12/2018 | Listed for sale | $283,500+49.2%$171/sqft |
Source: Success Realty Group Inc #10015937 Report a problem | ||
| 11/21/2016 | Listing removed | $190,000$115/sqft |
Source: Kale Realty #09363977 Report a problem | ||
| 11/21/2016 | Pending sale | $190,000+4.1%$115/sqft |
Source: Kale Realty #09363977 Report a problem | ||
| 11/17/2016 | Sold | $182,500-3.9%$110/sqft |
Source: Agent Provided Report a problem | ||
| 10/11/2016 | Listed for sale | $190,000-5%$115/sqft |
Source: Kale Realty #09363977 Report a problem | ||
| 8/11/2016 | Listing removed | $199,900$121/sqft |
Source: Lakes Realty Group #09115010 Report a problem | ||
| 7/10/2016 | Price change | $199,900-7.9%$121/sqft |
Source: Lakes Realty Group #09115010 Report a problem | ||
| 1/13/2016 | Price change | $217,000-1.4%$131/sqft |
Source: Lakes Realty Group #09115010 Report a problem | ||
| 8/14/2015 | Price change | $220,000-6.4%$133/sqft |
Source: Kale Realty #09006718 Report a problem | ||
| 6/7/2015 | Listed for sale | $235,000$142/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,519 -1% | $88,288 +19.4% |
| 2023 | $5,577 -1% | $73,956 +6.1% |
| 2022 | $5,631 +12.1% | $69,672 +2.6% |
| 2021 | $5,023 +19.1% | $67,913 +40.1% |
| 2020 | $4,217 +8.2% | $48,483 +7.6% |
| 2019 | $3,899 +16.3% | $45,069 +10% |
| 2018 | $3,353 | $40,958 +8.2% |
| 2017 | $3,353 -2.9% | $37,858 +9.3% |
| 2016 | $3,454 -14.6% | $34,624 +7.2% |
| 2015 | $4,045 -7.4% | $32,310 -16.2% |
| 2014 | $4,368 +3.7% | $38,566 -13.5% |
| 2012 | $4,211 +5.8% | $44,583 -11.3% |
| 2011 | $3,978 +3.5% | $50,249 -7.2% |
| 2010 | $3,845 +8.3% | $54,162 -2.8% |
| 2009 | $3,550 +12.7% | $55,694 +0.1% |
| 2008 | $3,151 -1.5% | $55,611 +2.9% |
| 2006 | $3,201 +65% | $54,043 |
| 2005 | $1,940 +3.6% | -- |
| 2004 | $1,873 -3.3% | -- |
| 2003 | $1,937 +4.2% | -- |
| 2002 | $1,859 +95.8% | -- |
| 2001 | $949 -48.3% | $30,629 +4.1% |
| 2000 | $1,837 | $29,423 |
Find assessor info on the county website
Neighborhood: 60081
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Nearby schools
GreatSchools rating
- 4/10Lotus SchoolGrades: PK-4Distance: 1.6 mi
- 4/10Stanton SchoolGrades: 5-8Distance: 2.1 mi
- 3/10Grant Community High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- District: 114
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
$394,600
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Estimated market value
$394,600
- Illinois
- Lake County
- Spring Grove
- 60081
- 37456 N Terrace Ln
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