




15981 N Hillcrest Dr, Effingham, IL, 62401
About This Home
Price Reduced! Priced below recent appraised value, offering a strong opportunity for buyers seeking immediate value. Offering over 3,000 square feet, this expansive Lake Sara home is truly something special. Located on one of the best fishing spots on the lake, this property sits over spring-fed water, meaning it consistently maintains 6-8 feet of depth even during low-water or dry summer months-a rare and valuable feature on the lake. The home features a fully finished basement, five bedrooms, and two bathrooms, providing ample space for family, guests, or entertaining. The sizable kitchen, centered around an island with cabinetry, flows seamlessly into the formal dining room, where two large sliding glass doors open to a deck overlooking the water-perfect for enjoying sunsets, meals, and lake life views. Recent updates include the boat dock and seawall, adding peace of mind and functionality. New flooring in parts have also been updated. Throughout the home, it's evident this property has been well cared for and thoughtfully maintained over the years, something you can immediately see in both the condition and layout. Location is everything. You can't recreate this setting-you can only buy the land beneath it when it becomes available. Opportunities like this on Lake Sara don't come around often.
Getting Around
Schools
Construction
Condition
- Year built: 1968
Materials
- Foundation: Concrete Perimeter
- Construction materials: Vinyl Siding,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Egress Window,Full
Bedroom2
- Features: Flooring (Carpet)
- Level: Basement
- Area: 506
- Dimensions: 23X22
Bedroom3
- Features: Flooring (Carpet)
- Level: Main
- Area: 90
- Dimensions: 9X10
Bedroom4
- Features: Flooring (Carpet)
- Level: Main
- Area: 120
- Dimensions: 10X12
Bedroom5
- Features: Flooring (Carpet)
- Level: Main
- Area: 80
- Dimensions: 10X8
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 4,560
- Total interior livable area: 3,070 sqft
Kitchen
- Features: Flooring (Luxury Vinyl)
- Level: Main
- Area: 216
- Dimensions: 18X12
Master Bedroom
- Features: Flooring (Carpet),Bathroom (Full)
- Level: Basement
- Area: 110
- Dimensions: 10X11
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 1126026001
- Special condition: None
Features
- Stories: 2
- Has view: Yes
- View description: Back of Property
- Water view: Back of Property
- On waterfront: Yes
Lot
- Lot size: 0.39 Acres
- Lot size dimensions: 142x184
Parking
- Total spaces: 7
- Parking features: Parking Lot,Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Drought
- Strong Wind
- Tornado
- Winter Weather
- Earthquake
- Hail
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,604 | $31,248 |
| Home Insurance * | $367 | $4,404 |
| Property Taxes | $1,069 | $12,828 |
| Electricity | $236 | $2,833 |
| Total | $4,276 | $51,312 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Price change | $560,000 |
| 2025-12-16 | Listed for sale | $625,000 |
