2050 N Lincoln Lake Drive

Coal City, IL
$ 609,000 Beds 2 Baths 1 Sq 1,100
Monthly Estimate* How much can I afford?

5 acre, well-kept parcel of wooded land with waterfront views and lake access. Look up the comps...now add a long asphalt driveway leading to a 28x30 outbuilding, 20x22 woodshed, and a 24x30 garage. Don't forget the deck, gazebo, dock, well and septic and backup generator. You can't duplicate that at this price! Let's just say the move-in ready ranch is free! Gather the family, or use it as a business getaway. Cash in as a rental property. Heck, rent the out buildings too. A perfect weekend getaway or home office. One of the few private ski lakes in Illinois, this 115 acre lake, with over 14 miles of shoreline, is one of the cleanest waters in the Midwest. Known for "all sports" Lincoln Lake offers long summer days of boating, water skiing, jet skiing, fishing, kayaking & swimming. The only developed, waterfront property currently available on Lincoln Lake! Enjoy today, and should you decide to expand or even rebuild there's still plenty of value in the property. The true cabin feel you desire in a lake house. Great layout, including a stone fireplace in the family room. Freshly painted with new windows. skylights, flooring, appliances, lighting, fixtures and quartz countertops. Plenty of space indoors and out for family gatherings, weekend retreats, and to store all the water/land toys. Bonus room off of the adjoining 6x15 patio would make a perfect private home office, entertaining option, or spacious living area for guests or extended family. A large deck unites the covered, outdoor dining area and swing to the screened in gazebo for bug free evenings. Minus the run down boat launch, smelly outhouse and bologna sandwich lunch. Instead you'll dock your boat at your unique hillside homesite on 5 ACRES. This wooded, rolling terrain has unlimited possibilities...ATV, dirt bike, walking, hiking and/or riding trails for horse lovers. Changing seasons creates new adventures with ice skating, ice fishing, snowmobiling & cross country skiing. Enough flat land to create your own rink if desired. As a Goose Lake homeowner you also have access to the club beach, camping & community sled hill. Less than one hour to southwest Chicago. Ample parking with garage space for 8 cars, oversized pole barn & garage for an abundance of toys. 15 minute drive to shopping in downtown nostalgic Morris (ranked #3 for best downtown shopping in Illinois. Sounds like fun, doesn't it? 2021 is your year to "think outside the box", Let's write!

Contingent

  • Price
  • $ 609,000
  • Lot Size
  • 5.04 Acres
  • Bedrooms
  • 2
  • Sqr Footage
  • 1,100
  • Full Bathrooms
  • 1
  • Year Built
  • 1980
  • Half Bathrooms
  • 0
  • City, Zip
  • Coal City
  • Taxes
  • $ 1998
  • County
  • GRUNDY
  • Style
  • Ranch
  • Area
  • Coal City - Diamond
  • MLS#
  • 10976005
  • Zip
  • 60416
Listing Provided by: Century 21 Affiliated
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Appliances Range, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood, Water Softener Owned
Architectural Style Ranch
Association Fee Includes Lake Rights
Basement None
Community Features Clubhouse, Park, Lake, Dock, Water Rights, Street Lights, Street Paved
Contingency Attorney/Inspection
Cooling Central Air
Electric Circuit Breakers, 100 Amp Service
Elementary School Coal City Elementary School
Elementary School District 1
Exterior Features Deck, Patio, Porch, Storms/Screens
Garage Spaces 8
HOA Fee 15
HOA Fee Frequency Monthly
Heating Electric, Baseboard
High School Coal City High School
High School District 1
Interior Features Vaulted/Cathedral Ceilings, Skylight(s), 1st Floor Bedroom, 1st Floor Laundry, Open Floorplan, Granite Counters
Middle/Junior High School Coal City Middle School
Middle/Junior School District 1
New Construction No
Other Structures Gazebo, Outbuilding, Second Garage
Ownership Fee Simple
Property Type Detached Single
Property Type Residential
Sewer Septic-Private
Standard Status Active Under Contract
Subdivision Name Goose Lake
Tax Annual Amount 1998
Total Rooms 5
Township Felix

Interior Features

Basement Crawl
Bathrooom Soaking Tub
Bedrooms Possible 2
Fireplace Features Wood Burning Stove
Full Baths 1
Kitchen Eating Area-Table Space, Island, Granite Counters, Updated Kitchen
Laundry Features Electric Dryer Hookup, In Unit, Laundry Closet
Room Type Bonus Room
Total Baths 1
Total Bedrooms 2
Total Fireplaces 1
Window Features Bay Window(s), Double Pane Windows, Screens

Exterior Features

Door Features Sliding Doors
Exterior Vinyl Siding, Frame
Foundation Details Concrete Perimeter
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 230X955
Lot Features Beach, Horses Allowed, Lake Front, Water Rights, Water View, Wooded, Mature Trees, Dock, Lake Access, Outdoor Lighting, Sloped, Waterfront
Lot Size Acres 5.04
Water Source Private Well
Waterfront Y/N Yes

Room Details

Addtl Room 1 Name 15X20 Main Level Vinyl
Dining Room Not Applicable
Family Room 20X12 Main Level Vinyl
Living Room Not Applicable
Master Bedroom 13X10 Main Level Vinyl

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Coal City Elementary School
Middle School Coal City Middle School
High School Coal City High School

Price History

1/21/2021 Listed $629,000
7/19/2021 4% - $609,000

Property vs Zip Code Average in 60416

Price
AVG $250K
$610K
Taxes
AVG $3,316
$1,998
Visits
AVG 70
241
Year Built
AVG 1982
1980

Map

Areas That We Cover

2050 N Lincoln Lake Drive Coal City, IL is a Single Family Home for sale at $609000 with 1100 sqft and a lot size of 5.04 Acres Acre(s). 2050 N Lincoln Lake Drive Coal City has 2 bedrooms, 1 baths and was built in 1980. The property's zip code is 60416 which is in Coal City, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.