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99 Lakeshore Dr, Wilmington, IL, 60481

1beds
1baths
400sqft
$97,500
$244price/sqft
$853/moest. monthly cost
$34,120/yrincome needed

About This Home

Welcome to this beautifully rehabbed 1-bedroom, 1-bath park model home in the sought-after Shadow Lakes community! Move-in ready and thoughtfully updated, this charming retreat offers the perfect opportunity for full-time living or a relaxing weekend getaway. Recent improvements include a brand-new roof, new windows throughout (excluding the bay window), new water heater, new flooring throughout, fresh interior paint, and new fixtures and electrical outlets throughout the home. The exterior has also been refreshed with new gravel added to the driveway, enhancing both curb appeal and functionality. Inside, you'll find a bright and inviting living space featuring an open layout designed for comfort and easy maintenance. Enjoy peaceful mornings and relaxing evenings from the deck while taking in the natural beauty that surrounds you. Shadow Lakes is a private gated community surrounded by miles of interconnecting, spring-fed channels, lakes, and marshes-perfect for fishing, swimming, and boating, with some areas reaching depths of up to 42 feet, offering great opportunities for big fish. Wildlife is plentiful, adding to the natural beauty of the area. The HOA provides a wide range of amenities, including a clubhouse, two community pools, a separate sandy beach, golf cart trails, nature walks, an ice skating rink in winter, a pavilion, a dog park, and sports facilities such as volleyball and basketball courts, pickleball, along with other recreational activities suitable for families and groups. Whether you're looking for a full-time residence or a weekend retreat, this community offers a relaxing and active lifestyle. Conveniently located near I-55 and only 60 minutes from Chicago, it's an ideal escape. The community allows only electric boats and golf carts, with association dues tiered based on level of usage; these dues cover your water, sewer, and garbage costs. Prospective buyers and agents are encouraged to contact Shadow Lakes or visit the website for current rules and detailed information. Please note that lot sizes and square footage are estimated.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
7/10
7/10
Reed-Custer High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1989

Materials

  • Roof: Asphalt
  • Construction materials: Other

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Cathedral Ceiling(s),1st Floor Bedroom,1st Floor Full Bath

Heating & Cooling

  • Heating features: Propane
  • Cooling features: None

Interior Area

  • Total structure area: 0
  • Total interior livable area: 400 sqft

Kitchen

  • Level: Main
  • Area: 110
  • Dimensions: 11X10

Living Room

  • Level: Main
  • Area: 110
  • Dimensions: 10X11

Master Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 11X10

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 0224043040340000
  • Special condition: None

Features

  • Stories: 1
  • Patio & porch: Deck

Lot

  • Lot size: 4,457 sqft
  • Features: Pie Shaped Lot
  • Lot size dimensions: 110X117X85

Parking

  • Total spaces: 2
  • Parking features: Yes,Owned

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
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

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

MonthlyAnnual
Mortgage $493$5,916
Home Insurance *$67$804
Property Taxes $163$1,956
Electricity $130$1,569
Total$853$10,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,245/yr
40% on housing$25,590/yr
45% on housing$22,746/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$244This listing

vs Other Active Listings

Avg $/sqft

ZIP 60481$149
Will County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 60481$203
Will County$193

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

DateEventPrice
2025-02-25Sold$46,100
2025-01-07Pending sale$45,000
2024-12-30Listed for sale$45,000
2016-05-18Sold$32,000
2004-10-26Sold$45,000

For Sale by Agent

AgentDiane Martin
BrokerageHexagon Real Estate

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