$50,000

124 Tully Rd Wilmington, IL 60481

Estimated payment $327/month

Total Views 1,170
0.12 Acre
$416,667 Price per Acre
5,227 Sq Ft Lot

About This Lot

This versatile vacant lot in Shadow Lakes is prepped and ready for your finishing touches. Fresh gravel has been added, making it ideal for placing a camper, or you can explore the option of installing a park model or building a home. A convenient storage shed is already on the property, and four blacktopped parking spots provide ample room for vehicles or guests. While not directly waterfront, the lot sits just across the street from the water-and currently enjoys an unobstructed view. This is a great opportunity to customize a spot in a beautiful setting to fit your needs. Shadow Lakes offers miles of interconnected freshwater channels, lakes, and marshes-with depths reaching up to 42 feet in some areas, making it a prime destination for fishing, swimming, boating, and wildlife viewing. Only electric boats and golf carts are permitted, helping preserve the natural beauty and peaceful atmosphere. Community amenities include a clubhouse, community pool, separate sand beach, pavilion, dog park, and areas for volleyball, basketball, and other outdoor games. The association hosts a variety of family-friendly events and activities throughout the year. Conveniently located near I-55 and only 60 minutes from Chicago, Shadow Lakes is an ideal retreat with easy access to the city. Association dues are tiered based on the time you spend at the property and include water, sewer, and garbage. Buyer and buyer's agent are encouraged to contact Shadow Lakes to verify all rules, dues, and community information. Lot size and square footage are estimated. HOA dues for this lot were $1035 for 2025.

Listing Agent

Diane Brannock

Hexagon Real Estate License #471011113 Listed on: 12/04/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $759

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts a private road

Utilities

  • Electricity To Lot Line

Community Details

  • Shadow Lakes Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$759

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Road Surface Type: Asphalt
  • Subdivision Name: Shadow Lakes
  • General Information: School Bus Service
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Private Road
  • Waterfront: No

Utilities

  • Utilities: Electric to Site
  • Water Source: Municipal Water

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50x100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Dock-Community,Garbage Removal,Park/Playground,Pond/Lake,Pool,Security Entrance,Water Rights,Other

Rental Info

  • Board Number: 21

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 759
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $759 $11,027 $10,745 $282
2023 $759 $9,877 $9,624 $253
2022 $705 $8,963 $8,733 $230
2021 $622 $8,555 $8,335 $220
2020 $579 $8,105 $7,897 $208
2019 $550 $7,653 $7,457 $196
2018 $531 $7,324 $7,136 $188
2017 $522 $7,180 $6,996 $184
2016 $510 $6,944 $6,766 $178
2015 $493 $6,764 $6,591 $173
2014 $493 $6,764 $6,591 $173
2013 $493 $7,234 $7,049 $185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $50,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $30,000 Kankakee County Title
Interfamily Deed Transfer -- None Available
Warranty Deed $37,000 First American Title
Warranty Deed $13,000 Chicago Title Insurance Co
Trustee Deed $14,000 --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12526921

Midwest Real Estate Data (MRED)

APN: 02-24-04-129-008