220 Fossil Cove Ln Wilmington, IL 60481
Estimated payment $1,068/month
Highlights
- Water Views
- Gated Community
- Property fronts a channel
- Boat Slip
- Lake Privileges
- Community Lake
About This Home
This waterfront two-bedroom with sunroom offers breathtaking views of nature across the lake. Professional landscaping being done the week of Labor Day! The sunroom is lined with an abundance of windows. 2nd bedroom has been retrofitted with washer and dryer, but could be removed. This home provides an inviting and private lakeside retreat with a cement sea wall and boat dock. On the side yard, is a concrete patio area used for a small outdoor dinette. Wooden deck with beautiful built in wooded benches sits overlooking the water as well. Large shed and landscaped yard to enjoy as well. 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, 2 community pools, 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,858
Year Built
- Built in 1998
Lot Details
- Lot Dimensions are 45x100
- Property fronts a channel
- Paved or Partially Paved Lot
HOA Fees
- $163 Monthly HOA Fees
Interior Spaces
- 620 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Sun or Florida Room
- Water Views
- Range
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Parking
- 3 Parking Spaces
- Driveway
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Tideland Water Rights
- Boat Slip
- Lake Privileges
- Deck
- Fire Pit
- Shed
Location
- Property is near a park
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, clubhouse, pool, scavenger, lake rights
- Shadow Lakes Association, Phone Number (815) 458-3647
- Shadow Lakes Subdivision
- Property managed by Shadow Lakes
- Community Lake
Recreation
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,066 | $38,690 | $15,312 | $23,378 |
| 2023 | $2,066 | $34,653 | $13,714 | $20,939 |
| 2022 | $1,767 | $31,446 | $12,445 | $19,001 |
| 2021 | $1,698 | $30,014 | $11,878 | $18,136 |
| 2020 | $1,586 | $28,435 | $11,253 | $17,182 |
| 2019 | $1,480 | $26,851 | $10,626 | $16,225 |
| 2018 | $1,411 | $25,694 | $10,168 | $15,526 |
| 2017 | $1,378 | $25,191 | $9,969 | $15,222 |
| 2016 | $1,333 | $24,362 | $9,641 | $14,721 |
| 2015 | $1,277 | $23,733 | $9,392 | $14,341 |
| 2014 | $1,277 | $23,733 | $9,392 | $14,341 |
| 2013 | $1,277 | $25,383 | $10,045 | $15,338 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Pending | -- | -- | -- |
| 08/22/2025 08/22/25 | Price Changed | $142,000 | -3.4% | $229 / Sq Ft |
| 06/22/2025 06/22/25 | Price Changed | $147,000 | -6.4% | $237 / Sq Ft |
| 03/08/2025 03/08/25 | Price Changed | $157,000 | -1.9% | $253 / Sq Ft |
| 11/20/2024 11/20/24 | For Sale | $160,000 | +77.8% | $258 / Sq Ft |
| 11/01/2019 11/01/19 | Sold | $90,000 | -17.7% | $150 / Sq Ft |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- |
| 09/21/2019 09/21/19 | For Sale | $109,400 | 0.0% | $182 / Sq Ft |
| 08/30/2019 08/30/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | Price Changed | $109,400 | -2.2% | $182 / Sq Ft |
| 08/03/2019 08/03/19 | Price Changed | $111,900 | -1.8% | $187 / Sq Ft |
| 07/12/2019 07/12/19 | Price Changed | $113,900 | -0.9% | $190 / Sq Ft |
| 06/29/2019 06/29/19 | Price Changed | $114,900 | -4.2% | $192 / Sq Ft |
| 06/18/2019 06/18/19 | For Sale | $119,900 | -- | $200 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | Fidelity National Title | |
| Warranty Deed | $115,000 | Fidelity National Title | |
| Warranty Deed | $82,000 | Atg | |
| Joint Tenancy Deed | $38,500 | -- | |
| Trustee Deed | $37,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,000 | Commercial | |
| Closed | $63,000 | Commercial | |
| Previous Owner | $92,000 | New Conventional | |
| Previous Owner | $45,000 | Unknown | |
| Previous Owner | $30,800 | Seller Take Back |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12207284
APN: 02-24-04-104-100
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