$49,000
$1K PRICE DROP

21-54 Old Wharf Rd Lanark, IL 61046

Estimated payment $270/month

Total Views 5,677
3.5 Acres
$14,000 Price per Acre
152,460 Sq Ft Lot

About This Lot

Located just 2 hours west of Chicago, Lake Carroll is a private lake and golf community. This 3.5 acre lot is an incredible opportunity to build your dream home in a picturesque setting with access to both nature and water activities. The proximity to the East Marina and the 2026 availability of a deeded boat slip make it even more appealing. This 640 acre lake provides lots of opportunities for water lovers. The adjacent greenway adds another dimension for outdoor enthusiasts. There's also a 15 mile ATV and snow mobile trail, a ski hill, pools, tennis courts and equestrian area. The 18 hole golf course has a clubhouse, restaurant and pro-shop. Overall, this is a fantastic location with plenty of possibilities for enjoying the outdoors and building a customized home to fit your lifestyle. $2,585 annual association dues. Buyer pays Lake Carroll transfer at closing.

Listing Agent

Terri Tuffner

Coldwell Banker Realty License #475101240 Listed on: 08/29/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $158

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 185x830x185x844.55
  • Property fronts a county road
  • Property is zoned PUD

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$158

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Frontage Type: County Road
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Utilities: Electric to Site, Natural Gas Available

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 3.5
  • Lot Dimensions: 185X830X185X844.55
  • Zoning: PUD
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: U
  • Land Amenities: Clubhouse,Dock-Community,Horse Riding Trails,Pond/Lake,Pool,Tennis Court/s
  • Land Description: Cleared

Rental Info

  • Board Number: 2
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 157.56
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $302 $5,370 $5,370 $0
2023 $302 $2,579 $2,579 $0
2022 $141 $2,233 $2,233 $0
2021 $132 $1,976 $1,976 $0
2020 $130 $1,976 $1,976 $0
2019 $408 $6,173 $6,173 $0
2018 $415 $6,173 $6,173 $0
2017 $414 $6,174 $6,174 $0
2016 $415 $6,174 $6,174 $0
2015 $562 $8,232 $8,232 $0
2014 $719 $8,583 $8,583 $0
2013 $719 $8,333 $8,333 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2025 11/20/25 Price Changed $49,000 -2.0% --
08/29/2025 08/29/25 For Sale $50,000 +42.9% --
09/06/2024 09/06/24 Sold $35,000 0.0% -- View Prior Sale
08/10/2024 08/10/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $35,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Grant Deed $40,000 --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12438474

Midwest Real Estate Data (MRED)

APN: 01-05-18-321-054