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Backup Offers

188 Fossil Cove Ln, Wilmington, IL, 60481

$140,000

Home List Price

$1,663*

Closing Credit

1 Bedroom
1 Full Bath
400 SqFt
$350/SqFt
House

Location

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188 Fossil Cove Ln, Wilmington$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1996
HeatingPropane
CoolingCentral Air
WaterfrontChannel, Water View, Dock, Lake Access, Spring, Waterfront
MLS #12215440
StatusAccepting Backup Offers
(Contingent)

About 188 Fossil Cove Ln

Park model on a FANTASTIC waterfront lot. Sitting on a point, your new home is in-between two channels, both leading to our beautiful lakes. Over sized deck has plenty of room for hot tub or second seating area. Outside table setting is staying. Sitting at the end of a cul-de-sac, this 1 BR park model with shed. Multi-tiered boat dock overlooking an island. Updates to the property include newer roof on home and shed / Furnace/AC, carpet and water heater. 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.

Property Details

Property Features

Property Information:

  • Year Built: 1996
  • Living Area: 400 SqFt

Listing Office:

  • Office Name: Hexagon Real Estate
  • Office Phone: (815) 712-7786
  • Listing Agent: Diane Martin

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Interior: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Full Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Channel, Water View, Dock, Lake Access, Spring, Waterfront
  • Exterior: Deck

Lot Features

Lot Information:

  • Lot: Waterfront, Cul-De-Sac, Riparian Water Rights, Views, Dock

Utilities

Utilities Information:

  • Heating: Propane
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Go to Gate 3 on Novy Rd, call the Shadow Lakes office

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $350/SqFt

HOA Fees:

  • Amount: $1952
  • Frequency: Annually

Tax Information:

  • Annual Amount: $996
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Wilmington, IL.

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Wilmington, IL

City

Med. Sold Price

$193K

Med. Price/SqFt

$162

Avg. Days On Market

11

# of Sold Homes

5

188 Fossil Cove Ln vs Wilmington

25 DAYS ON ROCKET

+14 Days

$140,000

-$53K Less

$350/SqFt

+$187 More

KEY TAKEAWAY

This property is $53K less than the Median Sold Price and $187/SqFt more than other homes in Wilmington, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12215440

Listing Office:

  • Office Name: Hexagon Real Estate
  • Office Phone: (815) 712-7786
  • Listing Agent: Diane Martin

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$996$13,985
2018$961$13,383
2017$945$13,120

History based on county public records data.

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$928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4245907
8
/10

  • Reed-Custer Elementary School

  • 162 S School St

  • 1.87 miles

  • Public District Grades PK-5

school-card-donut-4245908
6
/10

  • L J Stevens Intermediate School

  • 221 Ryan St

  • 3.44 miles

  • Public District Grades 2-5

school-card-donut-4245909
10
/10

  • Coal City Intermediate School

  • 305 E Division St

  • 4.06 miles

  • Public District Grades 4-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,580. Residents of Wilmington, IL typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 188 Fossil Cove Ln

What is the listing price of this property?

The listing price of 188 Fossil Cove Ln property is $140,000.

What type of property is this?

The property 188 Fossil Cove Ln is a house located in Wilmington, Illinois, 60481.

Is this property for sale now?

Accepting Backup Offers: 188 Fossil Cove Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $996 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 188 Fossil Cove Ln has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 188 Fossil Cove Ln is 400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 188 Fossil Cove Ln is 1996.

Rocket Homes›Illinois›Will County›Wilmington›60481›188 Fossil Cove Ln

This home is located at 188 Fossil Cove Ln in Wilmington, IL and zip code 60481 in the Shadow Lakes neighborhood. This 400 square foot home was built in 1996. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $140,000.

In November 2024 more than 1 listings in Wilmington, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of listings in Wilmington, IL increased by 18.4% between October 2024 and November 2024. In November 2024, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $193,000.

From Rocket Homes Real Estate and based on county public records data.

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