$199,000
PENDING $5K PRICE DROP

5507 E Lake Dr Unit 101B Lisle, IL 60532

Seven Bridges Neighborhood

Estimated payment $1,749/month

Total Views 7,780
1 Bed
1 Bath
670 Sq Ft
$297 Price per Sq Ft

Highlights

  • Lake Front
  • Boat Dock
  • Landscaped Professionally
  • Goodrich Elementary School Rated 9+
  • Fitness Center
  • Mature Trees

About This Home

Enjoy resort-style living in this beautifully updated 1 bed, 1 bath condo featuring a spacious open-concept layout & panoramic lake views from the living room. The updated kitchen offers stainless steel appliances, granite countertops, and modern cabinetry. Cozy up by the wood-burning fireplace in the living room, or unwind with a sunset view over the water. This lakefront gem also includes in-unit laundry, one designated parking space, and access to an impressive list of community amenities: swimming pools, exercise facilities, tennis courts, hiking and biking trails, skiing, and more. Live surrounded by nature with all the comforts of home and convenience at your doorstep!

Listing Agent

Holly Rumishek

Coldwell Banker Realty License #475164298 Listed on: 07/29/2025

Coldwell Banker Realty

Co-Listing Agent

Julia Sargis

Coldwell Banker Realty License #475164117

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1980

Lot Details

  • Lake Front
  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $386 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Fireplace in Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Goodrich Elementary School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include water, gas, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, snow removal, lake rights
  • 12 Units
  • Manager Association, Phone Number (630) 971-9191
  • Four Lakes Subdivision
  • Property managed by Four Lakes Condominium Homes No. 1

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,625

Year Built

Built in 1980

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Four Lakes
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath, Storage
  • LivingArea: 670
  • Other Equipment: Water Heater-Electric
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 670
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 670
  • Fireplace Location: Family Room,Bedroom,Kitchen
  • Total Sq Ft: 670
  • Main Level Sq Ft: 670
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • List Price: 199000
  • Lot Features: Common Grounds, Landscaped, Mature Trees
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Water
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Asphalt, Assigned, On Site, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Main Level, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 386
  • Association Amenities: Bike Room/Bike Trails, Boat Dock, Coin Laundry, Exercise Room, Storage, Park, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Four Lakes Condominium Homes No. 1
  • Management Contact Name: Manager
  • Management Phone: 630-971-9191

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Lake Rights

Schools

  • Elementary School: Goodrich Elementary School
  • High School: North High School
  • Middle/Junior School District: 68

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3625.14
  • Tax Year: 2024

Multi Family

  • Units in Building: 12

Map

Range of Values:

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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 $3,625 $46,085 $8,229 $37,856
2023 $3,487 $42,060 $7,510 $34,550
2022 $2,974 $35,790 $6,390 $29,400
2021 $2,865 $34,440 $6,150 $28,290
2020 $2,819 $33,820 $6,040 $27,780
2019 $2,738 $32,360 $5,780 $26,580
2018 $2,040 $23,280 $4,160 $19,120
2017 $1,989 $22,490 $4,020 $18,470
2016 $1,965 $21,670 $3,870 $17,800
2015 $1,942 $20,400 $3,640 $16,760
2014 $1,928 $19,670 $3,510 $16,160
2013 $1,965 $20,540 $3,670 $16,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Pending -- -- --
08/26/2025 08/26/25 Price Changed $199,000 -2.5% $297 / Sq Ft
08/19/2025 08/19/25 For Sale $204,000 0.0% $304 / Sq Ft
08/02/2025 08/02/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $204,000 -- $304 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12431809

Midwest Real Estate Data (MRED)

APN: 08-15-105-202