7920 Island Ln Wonder Lake, IL 60097
White Oaks Bay NeighborhoodEstimated payment $2,711/month
Total Views
25,424
1
Bed
1
Bath
672
Sq Ft
$594
Price per Sq Ft
Highlights
- Lake Front
- Boat Dock
- 0.48 Acre Lot
- Woodstock North High School Rated A-
- Boat Slip
- 3-minute walk to White Oaks Bay Nature Park
About This Home
Lakefront! Summer is just around the corner and this adorable cottage sits high on a half an acre with over 100 feet of lake frontage! The home is on a larger waterfront lot and includes an extra vacant lot, that is likely buildable. Updated interior and bathroom. Open floor plan with a beautiful kitchen featuring granite countertops, stainless steel appliances and nice white cabinets with soft closing doors and drawers, plus one bedroom with the addition of the porch that is framed and insulated with a wood burning stove, all overlooking the large deck with phenomenal lake views! Great storage underneath in the large basement. Amazing location in a quiet bay keeps the waves and noise out until you want it, then just hop on the boat and enjoy all the fun watersports and lake living has to offer, including two piers. This private 840 acre lake has great fishing, swimming, water skiing, kayaking, canoeing, and is also home to the championship Wonder Lake Water Ski Show Team. Enjoy free shows most Friday evenings in the summer. Just a 15 minute drive gets you to the commuter train to the suburbs and downtown. Enjoy the vacation like atmosphere, yet close to shopping, entertainment and work opportunities. Such a relaxing place to unwind and recharge! Come take a look!!
Listing Agent
Keller Williams Success Realty License #471005217 Listed on: 03/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,258
Year Built
- Built in 1942 | Remodeled in 2017
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 177.8x120.19x182.67x227.5
- Lake Front
- Paved or Partially Paved Lot
- Additional Parcels
HOA Fees
- $19 Monthly HOA Fees
Home Design
- Cottage
- Stone Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 672 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Heated Sun or Florida Room
- Wood Flooring
- Water Views
- Partial Basement
- Laundry Room
Kitchen
- Range
- Microwave
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Bathroom on Main Level
- 1 Full Bathroom
Parking
- 12 Parking Spaces
- Circular Driveway
- Parking Included in Price
Outdoor Features
- Tideland Water Rights
- Boat Slip
- Deck
- Patio
Location
- Property is near a park
Schools
- Greenwood Elementary School
- Northwood Middle School
- Woodstock North High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
- Well
- Septic Tank
Community Details
Overview
- Manager Association, Phone Number (815) 653-1000
- White Oaks Bay Subdivision
- Property managed by White Oaks Bay Association Inc
- Community Lake
Amenities
- No Laundry Facilities
Recreation
- Boat Dock
Map
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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 | $5,063 | $56,293 | $41,286 | $15,007 |
| 2023 | $4,900 | $50,433 | $36,988 | $13,445 |
| 2022 | $4,851 | $46,788 | $34,315 | $12,473 |
| 2021 | $4,687 | $43,573 | $31,957 | $11,616 |
| 2020 | $4,561 | $41,757 | $30,625 | $11,132 |
| 2019 | $4,480 | $39,652 | $29,081 | $10,571 |
| 2018 | $5,430 | $47,946 | $27,762 | $20,184 |
| 2017 | $5,981 | $44,998 | $26,055 | $18,943 |
| 2016 | $6,042 | $42,054 | $24,350 | $17,704 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $399,000 | -11.1% | $594 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $449,000 | -5.5% | $668 / Sq Ft |
| 03/24/2025 03/24/25 | For Sale | $475,000 | +630.8% | $707 / Sq Ft |
| 09/25/2018 09/25/18 | Sold | $65,000 | -48.0% | $155 / Sq Ft |
| 08/17/2018 08/17/18 | Pending | -- | -- | -- |
| 05/22/2018 05/22/18 | Price Changed | $125,000 | -12.3% | $298 / Sq Ft |
| 05/12/2018 05/12/18 | Price Changed | $142,500 | -6.6% | $339 / Sq Ft |
| 03/20/2018 03/20/18 | For Sale | $152,500 | +1.7% | $363 / Sq Ft |
| 06/18/2014 06/18/14 | Sold | $150,000 | 0.0% | $357 / Sq Ft |
| 06/02/2014 06/02/14 | Pending | -- | -- | -- |
| 05/25/2014 05/25/14 | For Sale | $150,000 | -- | $357 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | Fidelity National Title Fide | |
| Warranty Deed | $150,000 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $52,000 | New Conventional |
Source: Public Records
Similar Homes in Wonder Lake, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12316973
APN: 09-07-107-033
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