$227,000
$13K PRICE DROP

5511 E Lake Dr Unit 97B Lisle, IL 60532

Seven Bridges Neighborhood

Estimated payment $1,966/month

Total Views 22,413
2 Beds
1 Bath
870 Sq Ft
$261 Price per Sq Ft

Highlights

  • Waterfront
  • Granite Countertops
  • Laundry Room
  • Goodrich Elementary School Rated 9+
  • Stainless Steel Appliances
  • Bathroom on Main Level

About This Home

Welcome to this gorgeous first-floor 2-bedroom condo nestled in the desirable Four Lakes community, surrounded by tranquil woods and captivating lake views. Step into the open-concept living area featuring a stylish brick fireplace, perfect for cozy evenings. The updated kitchen boasts granite countertops, a breakfast island, and sleek stainless steel appliances-ideal for both everyday living and entertaining. Enjoy breathtaking lake views right from your balcony and take advantage of the community's exceptional amenities, including multiple swimming pools, sand volleyball courts, tennis courts, fishing, boating and skiing activities, and several inviting clubhouses. Additional highlights include in-unit laundry, an assigned parking space, and ample guest parking conveniently located behind the building. Don't miss this rare opportunity to own a slice of resort-style living just outside the city!

Listing Agent

Yuliia Chavdar

Real People Realty Brokerage Phone: (630) 915-7544 License #475172566 Listed on: 09/20/2025

Real People Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,787

Year Built

  • Built in 1980 | Remodeled in 2020

Lot Details

  • Waterfront

HOA Fees

  • $454 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights
  • 6 Units
  • Danielle Association, Phone Number (630) 971-9191
  • Four Lakes Subdivision
  • Property managed by Four Lakes Condo HOA

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,787

Year Built

Built in 1980 | Remodeled in 2020

Lot Details

0

HOA Fees

$454 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Attribution Contact: (630) 915-7544
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath, Granite Counters
  • LivingArea: 870
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 870
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 870
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Guest, Yes
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 454
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Four Lakes Condo HOA
  • Management Contact Name: Danielle
  • Management Phone: 630-971-9191

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights

Lot Info

  • Lot Dimensions: Common
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3787
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

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 $3,787 $56,143 $9,127 $47,016
2023 $3,585 $51,240 $8,330 $42,910
2022 $3,124 $43,600 $7,090 $36,510
2021 $2,991 $41,950 $6,820 $35,130
2020 $2,517 $41,200 $6,700 $34,500
2019 $2,405 $39,420 $6,410 $33,010
2018 $1,868 $32,310 $5,250 $27,060
2017 $1,788 $31,220 $5,070 $26,150
2016 $1,731 $30,090 $4,890 $25,200
2015 $1,650 $28,330 $4,600 $23,730
2014 $2,088 $27,310 $4,430 $22,880
2013 $2,153 $28,500 $4,620 $23,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Price Changed $227,000 0.0% $261 / Sq Ft
11/13/2025 11/13/25 For Sale $227,000 +4.6% $261 / Sq Ft
10/28/2025 10/28/25 Pending -- -- --
10/20/2025 10/20/25 Price Changed $217,000 -9.2% $249 / Sq Ft
10/02/2025 10/02/25 Price Changed $238,900 -0.4% $275 / Sq Ft
09/20/2025 09/20/25 For Sale $239,900 +63.8% $276 / Sq Ft
03/20/2020 03/20/20 Sold $146,500 -5.5% $168 / Sq Ft View Prior Sale
02/15/2020 02/15/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $155,000 -2.5% $178 / Sq Ft
02/05/2020 02/05/20 For Sale $159,000 0.0% $183 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $159,000 -- $183 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $146,500 None Available
Deed $60,000 Attorneys Ttl Guaranty Fund
Interfamily Deed Transfer -- None Available
Warranty Deed $112,000 Law Title Pick Up
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,105 New Conventional
Previous Owner $60,000 Stand Alone First
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12476895

Midwest Real Estate Data (MRED)

APN: 08-15-105-178