Seller's Agent in 2026
Patricia Smarto
Lakes Realty Group
(847) 338-3848
7 in this area
226 Total Sales
26048 W Forest Ave Antioch, IL 60002
Channel Lake NeighborhoodEstimated Value: $881,000
5
Beds
4
Baths
1,600
Sq Ft
$551/Sq Ft
Est. Value
Highlights
- Lake Front
- Community Boat Dock
- Lake Privileges
- Antioch Community High School Rated A-
- Boat Slip
- Community Lake
About This Home
As of February 2026Welcome to your dream investment property with 161 feet of Lake Marie frontage! This stunning Lake Marie lakefront retreat boasts not one, but two legal rental units, perfect for lucrative short-term rentals or as your getaway with rental income potential. The upper unit offers spacious living with three bedrooms and two bathrooms. The kitchen, eating area and family room flow seamlessly together. The kitchen has a breakfast bar, room for a large table to tons of counter space. You'll always be in the action as the kitchen is open to the cozy living room with a fireplace. You'll enjoy panoramic views of Lake Marie from both. The master suite is a sanctuary unto itself, featuring a luxurious ensuite bathroom with a large tub for unwinding after a long day. The two additional bedrooms share a well-appointed bathroom. Convenience is key with in-unit laundry facilities, ensuring your guests have everything they need for a comfortable stay. Step outside onto the lakefront deck and soak in the breathtaking views while enjoying your morning coffee or evening cocktail. The lower unit is equally inviting, offering two bedrooms plus a den and two full bathrooms. Imagine relaxing on the lakefront patio, taking in the serene surroundings and listening to the gentle lapping of the waves. The two units are connected by a staircase if you have a large group and want to spread out to both units. But the beauty doesn't stop there. This property is designed for outdoor enjoyment with two fire pit areas, perfect for cozy evenings under the stars. A lakefront stamped concrete patio provides ample space for entertaining or simply lounging lakeside. For water enthusiasts, there's a pier and boat launch, making it easy to explore the pristine waters. Need storage space for all your outdoor gear, boats and jet skis? The 26 x 77 pole barn allows you to store them all. Or, if you're a car enthusiast you'll love the pole barn's unobstructed space. You could also rent the space for additional income. Don't miss out on this rare opportunity to own a piece of paradise with endless rental potential. Property is being sold turn key so you can start enjoying it on day 1! Schedule your showing today and start living the lake life you've always dreamed of!
Last Agent to Sell the Property
Lakes Realty Group Brokerage Phone: (847) 338-3848 License #471000052 Listed on: 01/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,902
Year Built
- Built in 1978 | Remodeled in 2021
Lot Details
- 16,988 Sq Ft Lot
- Lot Dimensions are 115x190x61x200
- Lake Front
- Paved or Partially Paved Lot
- Additional Parcels
Home Design
- Frame Construction
- Asphalt Roof
- Steel Siding
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Water Views
- Sump Pump
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 4 Bathrooms
Parking
- 10 Parking Spaces
- Parking Available
- Driveway
- Parking Included in Price
Outdoor Features
- Boat Slip
- Docks
- Lake Privileges
- Balcony
- Patio
- Fire Pit
- Shed
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Well
- Water Softener is Owned
- Septic Tank
Community Details
Overview
- 2 Units
- Shady Nook Subdivision
- Community Lake
Recreation
- Community Boat Dock
Building Details
- Electric Expense $2,434
- Fuel Expense $958
- Insurance Expense $4,317
- Professional Management Expense $19,317
- Trash Expense $1,876
- Water Sewer Expense $1,036
- Net Operating Income $82,638
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
Feb 24, 2026
Sold by
Bought by
Seller's Agent
Patricia Smarto
Lakes Realty Group
Buyer's Agent
Dennis Cohn
Fulton Grace Realty
List Price
$1,099,000
Sold Price
$900,000
Premium/Discount to List
-$199,000
-18.11%
Views
374
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,000
Avg. Annual Appreciation
-5.60%
Purchase Details
Listed on
Jul 6, 2020
Closed on
Oct 26, 2020
Sold by
Bought by
Seller's Agent
Patricia Smarto
Lakes Realty Group
Buyer's Agent
Patricia Smarto
Lakes Realty Group
List Price
$499,000
Sold Price
$360,000
Premium/Discount to List
-$139,000
-27.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%
Original Mortgage
$325,000
Interest Rate
0.028%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 21, 2012
Sold by
Bought by
Purchase Details
Closed on
Sep 11, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
0.0775%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $900,000 | None Listed On Document | ||
| $360,000 | Chicago Title | ||
| -- | Chicago Title Land Trust Com | ||
| $320,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 | ||
| Previous Owner | $375,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $325,000 | ||
| Previous Owner | $215,000 | ||
| Previous Owner | $219,000 | ||
| Previous Owner | $408,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2026 02/25/26 | Sold | $900,000 | -18.1% | $563 / Sq Ft | |
| 01/17/2026 01/17/26 | Pending | -- | -- | -- | |
| 11/16/2025 11/16/25 | For Sale | $1,099,000 | +22.1% | $687 / Sq Ft | |
| 11/15/2025 11/15/25 | Off Market | $900,000 | -- | -- | |
| 09/04/2025 09/04/25 | Price Changed | $1,099,000 | -6.5% | $687 / Sq Ft | |
| 02/22/2025 02/22/25 | Price Changed | $1,175,000 | -2.1% | $734 / Sq Ft | |
| 01/15/2025 01/15/25 | For Sale | $1,200,000 | +233.3% | $750 / Sq Ft | |
| 11/04/2020 11/04/20 | Sold | $360,000 | -4.0% | $225 / Sq Ft | View Prior Sale |
| 09/17/2020 09/17/20 | Pending | -- | -- | -- | |
| 08/28/2020 08/28/20 | Price Changed | $375,000 | -6.0% | $234 / Sq Ft | |
| 07/25/2020 07/25/20 | Price Changed | $399,000 | -4.8% | $249 / Sq Ft | |
| 07/17/2020 07/17/20 | Price Changed | $419,000 | -16.0% | $262 / Sq Ft | |
| 07/06/2020 07/06/20 | For Sale | $499,000 | -- | $312 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $14,942 | $167,557 | $32,511 | $135,046 |
| 2024 | $14,001 | $155,131 | $30,100 | $125,031 |
| 2023 | $11,996 | $138,907 | $26,952 | $111,955 |
| 2022 | $11,996 | $116,718 | $35,075 | $81,643 |
| 2021 | $11,158 | $108,909 | $32,728 | $76,181 |
| 2020 | $10,949 | $105,901 | $31,824 | $74,077 |
| 2019 | $10,986 | $99,472 | $30,433 | $69,039 |
| 2018 | $10,859 | $100,225 | $30,891 | $69,334 |
| 2017 | $10,787 | $95,398 | $29,403 | $65,995 |
| 2016 | $10,551 | $92,065 | $28,376 | $63,689 |
| 2015 | $10,506 | $89,723 | $27,654 | $62,069 |
| 2014 | $10,736 | $99,512 | $34,626 | $64,886 |
| 2012 | $9,864 | $99,512 | $34,626 | $64,886 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Smarto
-
Dennis Cohn
Buyer's Agent in 2026
Dennis Cohn
Fulton Grace
(312) 213-1100
1 in this area
10 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12272167
APN: 01-14-212-045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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