Incredible opportunity to own a beautifully updated waterfront home along scenic Nippersink Creek, offering direct access to Pistakee Lake and the Chain O'Lakes. This flowing waterway setting provides the perfect backdrop for both relaxation and recreation. The home has been thoughtfully updated with major improvements including a new furnace and A/C (2020), new windows (2025), and a replaced seawall with rip rap (2024). Inside, you'll find a well-appointed kitchen featuring stainless steel appliances, granite countertops, a stone backsplash, and a convenient butler's pantry. The kitchen opens seamlessly to a spacious living room with soaring floor-to-ceiling stone fireplace (wood-burning or gas), hardwood floors, and stunning water views. Step outside to a generous 25x16 deck overlooking the water-ideal for entertaining or enjoying peaceful mornings. The primary bedroom offers beautiful waterfront views, a walk-in closet, and French doors leading directly to the deck. Upstairs, a second bedroom provides privacy along with its own full bathroom and ample storage. Outdoor features truly shine with a U-shaped pier accommodating up to three boats, complete with a unique 15x12 patio space right on the pier. A custom limestone walkway with built-in fire pit adds to the charm, creating the perfect setting to unwind and take in the natural surroundings. Additional highlights include a new deck (2024), updated drainage and sump systems, garage roof replacement, patio doors, fencing, and more. The large heated garage features an 18-ft wide overhead door, plus extra parking space for all your recreational vehicles and toys. Tucked away near the end of a quiet street, this property offers exceptional privacy while delivering the ultimate waterfront lifestyle. A rare find-truly a must-see!
Closed
$340,000
37464 N Terrace Ln, Spring Grove, IL 60081
2beds
1,390sqft
Single Family Residence
Built in 1946
8,089.09 Square Feet Lot
$347,700 Zestimate®
$245/sqft
$2,749 Estimated rent
Home value
$347,700
$330,000 - $365,000
$2,749/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing courtesy of:
Tony Traynor 847-687-8087,
HomeSmart Connect LLC
Bought with:
Jessica Jafari
Abode Real Estate Group
Source: MRED as distributed by MLS GRID,MLS#: 12596571
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 176 Square Feet
- Dimensions: 16X11
Deck
- Features: Flooring (Other)
- Level: Main
- Area: 384 Square Feet
- Dimensions: 24X16
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Eating Area-Table Space, Pantry-Butler), Flooring (Hardwood)
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19X12
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 285 Square Feet
- Dimensions: 19X15
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned
- Laundry: Main Level, Laundry Closet
Features
- 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Crawl Space
- Attic: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Gas Log, Living Room
Interior area
- Total structure area: 1,389
- Total interior livable area: 1,390 sqft
Property
Parking
- Total spaces: 6
- Parking features: Asphalt, Garage Door Opener, Heated Garage, Yes, Garage Owned, Detached, Owned, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Has view: Yes
- View description: Water, Back of Property
- Has water view: Yes
- Water view: Water,Back of Property
- Waterfront features: Lake Front, Channel Front
Lot
- Size: 8,089 sqft
- Dimensions: 54X148X50X140
Details
- Parcel number: 05043020050000
- Special conditions: None
- Other equipment: Water-Softener Owned, Ceiling Fan(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1946
- Major remodel year: 2004
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Lake, Water Rights, Street Paved
Location
- Region: Spring Grove
HOA & financial
HOA
- Services included: None
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $340,000$245/sqft |
Source:  MRED as distributed by MLS GRID #12596571 Report a problem | ||
| 3/23/2026 | Contingent | $340,000$245/sqft |
Source: MRED as distributed by MLS GRID #12596571 Report a problem | ||
| 3/19/2026 | Listed for sale | $340,000+47.8%$245/sqft |
Source: MRED as distributed by MLS GRID #12596571 Report a problem | ||
| 6/1/2020 | Sold | $230,000-1.7%$165/sqft |
Source: MRED as distributed by MLS GRID #10703501 Report a problem | ||
| 5/3/2020 | Pending sale | $234,000$168/sqft |
Source: Lakes Realty Group #10703501 Report a problem | ||
| 5/1/2020 | Listed for sale | $234,000+28.2%$168/sqft |
Source: Lakes Realty Group #10703501 Report a problem | ||
| 3/22/2004 | Sold | $182,500+58.7%$131/sqft |
Source: Public Record Report a problem | ||
| 12/27/2001 | Sold | $115,000+35.3%$83/sqft |
Source: Public Record Report a problem | ||
| 2/19/1998 | Sold | $85,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $3,221 -19.7% | $61,819 +6.2% |
| 2022 | $4,011 +5.1% | $58,237 +3.3% |
| 2021 | $3,815 +36.3% | $56,370 +40.1% |
| 2020 | $2,800 +6.3% | $40,226 +5.1% |
| 2019 | $2,634 -6.9% | $38,283 -8.3% |
| 2018 | $2,829 | $41,742 +8.2% |
| 2017 | $2,829 +6.2% | $38,582 +9.3% |
| 2016 | $2,665 -28% | $35,286 +7.2% |
| 2015 | $3,699 -11.4% | $32,928 -20.2% |
| 2014 | $4,177 +6.5% | $41,269 -15.1% |
| 2012 | $3,921 +4.9% | $48,633 -8.3% |
| 2011 | $3,738 +2.7% | $53,053 -7.2% |
| 2010 | $3,640 +8.2% | $57,158 -2.7% |
| 2009 | $3,364 +4.5% | $58,774 +0.1% |
| 2008 | $3,218 +12.2% | $58,686 +2.9% |
| 2006 | $2,869 +31.2% | $57,032 |
| 2005 | $2,187 +10.2% | -- |
| 2004 | $1,985 -3.1% | -- |
| 2003 | $2,048 +4.2% | -- |
| 2002 | $1,966 -2.2% | -- |
| 2001 | $2,010 +3.4% | $32,218 +4.1% |
| 2000 | $1,944 | $30,945 |
Find assessor info on the county website
Neighborhood: 60081
Nearby schools
GreatSchools rating
- 4/10Lotus SchoolGrades: PK-4Distance: 1.6 mi
- 4/10Stanton SchoolGrades: 5-8Distance: 2.1 mi
- 3/10Grant Community High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- High: Grant Community High School
- District: 114
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$347,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$347,700
- Illinois
- Lake County
- Spring Grove
- 60081
- 37464 N Terrace Ln