226 Bays Place Tower Lakes, IL 60010
Tower Lake NeighborhoodEstimated payment $4,315/month
Highlights
- Water Views
- Landscaped Professionally
- Community Lake
- North Barrington Elementary School Rated A
- Mature Trees
- Deck
About This Home
Discover your dream home in this beautiful lakefront community with award winning Barrington 220 schools! An incredible mix of modern finishes with lake house touches, this spacious 4-bedroom, 3-full bathroom home truly has it all! A charming entryway provides a gentle transition from the outdoors, just steps to the gorgeously updated, eat-in kitchen! With stainless steel appliances, fresh finishes and plenty of counter space, the kitchen strikes the perfect balance, offering an elegant setting for memorable dinner parties while also serving up everyday comfort. This home thoughtfully separates living spaces for ultimate comfort and flexibility. On the main level, you'll find the primary suite and two additional, generously sized bedrooms. Downstairs, the versatile fourth bedroom provides endless possibilities, easily transforming into a dedicated home office or a private workout room. The lower level has been transformed into its own oasis with an updated bar, built-in shelving with murphy bed and its own comfortable lounge space. The stunning landscaping outside is truly a showstopper. Lush perennials line the drive up to the just-refinished, multi-level deck. All trees were just professionally trimmed to offer enhanced views and abundant natural light. Beyond your doorstep, embrace the unparalleled community amenities like the park two doors down, just past the fishing landing! Enjoy days filled with non-motorized water sports like paddle boarding, playing racquet sports, relaxing on the sandy beaches, exploring the numerous parks scattered throughout the neighborhood or join in on one of the many social events like the 4th of July festivities that take place in Tower Lakes! Whether you're seeking adventure on the water or tranquil moments in nature, this community has it all. Home also has a new hot water heater, water softener, dishwasher, washer, dryer and more! See a full list of improvements and community map in the Additional Information link. For Bridge & Beach Access: Park near 314 E Lake Shore Drive, Tower Lakes, IL, and walk toward the small pedestrian bridge. This leads you to the private, resident-only beach, which is such a special spot for the community.
Listing Agent
@properties Christie's International Real Estate License #475173823 Listed on: 07/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,578
Year Built
- Built in 1965
Lot Details
- 0.87 Acre Lot
- Lot Dimensions are 314x120x42x135x150x135x49x120
- Landscaped Professionally
- Paved or Partially Paved Lot
- Mature Trees
- Wooded Lot
- Additional Parcels
HOA Fees
- $75 Monthly HOA Fees
Parking
- 2.5 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,760 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bar
- Whole House Fan
- Wood Burning Fireplace
- Window Screens
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
- Water Views
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Outdoor Features
- Tideland Water Rights
- Deck
- Patio
Location
- Property is near a park
Schools
- North Barrington Elementary Scho
- Barrington Middle School-Station
- Barrington High School
Utilities
- Central Air
- Heating System Uses Steam
- Radiant Heating System
- Power Generator
- Gas Water Heater
- Water Softener is Owned
- Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, lake rights
- Financial@Tlia.Org Association
- Tower Lakes Subdivision
- Property managed by Tower Lakes Improvement Association
- Community Lake
Recreation
- Tennis Courts
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 | $8,356 | $165,373 | $30,091 | $135,282 |
| 2023 | $9,922 | $112,724 | $27,424 | $85,300 |
| 2022 | $9,922 | $127,384 | $31,025 | $96,359 |
| 2021 | $9,755 | $125,217 | $30,497 | $94,720 |
| 2020 | $9,530 | $124,830 | $30,403 | $94,427 |
| 2019 | $9,188 | $121,537 | $29,601 | $91,936 |
| 2018 | $7,859 | $106,367 | $33,180 | $73,187 |
| 2017 | $7,798 | $104,230 | $32,513 | $71,717 |
| 2016 | $7,002 | $100,299 | $31,287 | $69,012 |
| 2015 | $6,652 | $94,071 | $29,344 | $64,727 |
| 2014 | $6,334 | $87,462 | $24,644 | $62,818 |
| 2012 | $6,235 | $88,966 | $25,068 | $63,898 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | Price Changed | $599,000 | -1.8% | $217 / Sq Ft |
| 07/25/2025 07/25/25 | Price Changed | $610,000 | +60999900.0% | $221 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $1 | -100.0% | $0 / Sq Ft |
| 05/02/2024 05/02/24 | Sold | $505,000 | -4.7% | $183 / Sq Ft |
| 03/17/2024 03/17/24 | Pending | -- | -- | -- |
| 02/20/2024 02/20/24 | For Sale | $529,900 | -- | $192 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $505,000 | Nippersink Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $404,000 | New Conventional | |
| Previous Owner | $210,000 | Credit Line Revolving | |
| Previous Owner | $210,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12424798
APN: 13-02-101-007
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