$270,000
SOLD JUL 3, 2025

144 Fossil Lake Ct Wilmington, IL 60481

2 Beds
2 Baths
1,540 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

14% Below List Price

74 Days on Market

Highlights

  • Boat Dock
  • Open Floorplan
  • Community Lake
  • Gated Community
  • Property fronts a channel
  • Clubhouse

About This Home

As of July 2025

Live a life you don't need a vacation from! Located in beautiful Shadow Lakes, a gated community with 5 private lakes and miles of interconnecting channels. This stick built home has it all, nestled right across from a stocked channel. Your living room is open with cathedral ceilings, 2 skylights and multiple sliding doors bringing in much natural light. 2nd floor outside balcony is finished off with a removable screened in area for those outdoor moments. The living room is combined with dining area and oversized breakfast bar, leading to deliciously spacious kitchen! Cabinets have been well taken care of and are solid, with roll out drawers. With plenty of counter space and all appliances, including dishwasher, nothing to do but move in and enjoy. Overlooking the living room, the loft area upstairs, is large enough to enclose for an additional bedroom! We have 2 master bedrooms, one upstairs and one down. Each has a large full bath next door. So many possibilities. Your full basement has 2 separate storage areas, with a utility sink, and separate workshop area...with outside access (This room has many possibilities! Check out the pictures. The attached garage is a rare find in SL. Outside, your yard is already partially fenced off for your pets, large shed, and covered back porch. Just check out the pictures. Upgrades to mention: Gas hook up for fireplace in Living room, Furnace and AC 2024, Water heater 2023. All remaining furniture is staying. Washer / Dryer is on the main level. 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.

Last Agent to Sell the Property

Diane Brannock

Hexagon Real Estate License #471011113 Listed on: 03/06/2025

Last Buyer's Agent

Mike Bailey

Coldwell Banker Real Estate Group License #475195180

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,533

Year Built

  • Built in 2005

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Property fronts a channel
  • Dog Run

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • 1.5 Car Garage
  • Parking Included in Price

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Six Panel Doors
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Workshop
  • Utility Room with Study Area
  • Carbon Monoxide Detectors

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Tideland Water Rights
  • Balcony
  • Shed

Location

  • Property is near a park

Utilities

  • Central Air
  • Heating System Uses Propane

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, clubhouse, pool, scavenger, lake rights
  • Shadow Lakes Association, Phone Number (815) 458-3647
  • Shadow Lakes Subdivision
  • Property managed by Shadow Lakes
  • Community Lake

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,533

Year Built

Built in 2005

Lot Details

0

HOA Fees

$173 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Shadow Lakes
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Unfinished, Exterior Entry, Storage Space, Full, Daylight
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Open Floorplan, Workshop
  • LivingArea: 1540
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Loft, Workshop
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 682
  • Square Footage Comments: Square footage from appraisal.
  • Total Sq Ft: 682
  • Door Features: 6 Panel Door(s)

Exterior Features

  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Balcony, Dog Run
  • List Price: 275000
  • Lot Features: Channel Front
  • OtherStructures: Workshop, Shed(s), Club House, See Remarks
  • Patio And Porch Features: Screened
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1.5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Propane
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2070
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Dock, Water Rights, Gated, Other
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Shadow Lakes
  • Management Contact Name: Shadow Lakes
  • Management Phone: 815-458-3647

Fee Information

  • Association Fee Includes: Water, Insurance, Clubhouse, Pool, Scavenger, Lake Rights, Other

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 50X90
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2533
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Home Improvement,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2004
Sold by
Posluszny Richard and Posluszny Victoria
Bought by
Overland Roy G and Overland Mildred R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,950
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Posluszny Richard and Posluszny Victoria
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $25,500 --
Joint Tenancy Deed $22,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,825 New Conventional
Closed $148,800 Fannie Mae Freddie Mac
Closed $132,000 Fannie Mae Freddie Mac
Closed $130,500 Fannie Mae Freddie Mac
Closed $22,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $270,000 -1.8% $175 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $275,000 -3.5% $179 / Sq Ft
05/23/2025 05/23/25 Price Changed $285,000 -3.4% $185 / Sq Ft
03/27/2025 03/27/25 Price Changed $295,000 -6.3% $192 / Sq Ft
03/20/2025 03/20/25 Price Changed $315,000 0.0% $205 / Sq Ft
03/20/2025 03/20/25 For Sale $315,000 -- $205 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2023 $2,450 $72,157 $11,939 $60,218
2022 $2,863 $65,478 $10,834 $54,644
2021 $2,913 $62,497 $10,341 $52,156
2020 $2,923 $59,211 $9,797 $49,414
2019 $2,933 $55,912 $9,251 $46,661
2018 $2,958 $53,505 $8,853 $44,652
2017 $2,966 $52,455 $8,679 $43,776
2016 $2,872 $50,731 $8,394 $42,337
2015 $2,756 $49,421 $8,177 $41,244
2014 $2,756 $49,421 $8,177 $41,244
2013 $2,756 $52,856 $8,745 $44,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12306818

Midwest Real Estate Data (MRED)

APN: 24-04-156-008