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$315,000 Just Listed
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Property Description
Bring your ideas and make this spacious home shine again! Offering 5 bedrooms, 2 full baths, a large kitchen with garden window, dining room with built-ins, first-floor primary bedroom, laundry area, 3-season room, plenty of storage, and ample parking, this home has tons of potential. The property also features a garage in wonderful condition that is deep enough to accommodate a boat, making it ideal for lake-area living. Located just two lots from Pistakee Lake access, this is a great opportunity for an owner-occupant, investor, or rehab buyer. The home needs updating and TLC, but several major improvements have already been completed, including a water heater in 2022, furnace and central air in 2025, and roof in May 2026. Fox Lake schools. Great space, great location, and excellent upside for the right buyer.
Full Property Details
Full Property Details for 87 Lake Ln
General
- Price: $315,000
- Taxes: $4,238 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12664986
- Updated: 6/2/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Water Rights, Street Lights, Street Paved
Interior
- Basement: Crawl Spac
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Dish Antenna
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Gravel, Yes, Detached, Side Apron, Owned, Garage
Location
- Area: Fox Lake
- County: Lake
- Township: Grant
- Subdivision: Pistakee Portals
- Driving Directions: RT. 12 & EAGLE PT. RD. W2 FAIRFAX, RIGHT TO LAKE
School Information
- School District: 114
- Elem School District: 114
- Midd School District: 114
- High School District: 124
- Elementary School: Lotus School
- High School: Grant Community High School
- Private School: Grant Community High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: American 4-Sq.
- Architectural Style: American Foursquare
- Model: 2 STORY
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Block, Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,665
- Sq. Ft. Source: Assessor
- Year Built: 1933
- Built Before 1978: Yes
Manufactured Home
- Model: 2 STORY
Lot Features
- Lot Size (Acres): 0.24
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 100 x 45
- Lot Features: Wooded
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1933
- Tax Amount: $4,238
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 5094001270000
Listed by Infiniti Properties, Inc.
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Schools
Schools serving 87 Lake Ln
School Districts:Fox Lake Grade School District 114, Grant Community High School District 124
| Name | Grades | Distance |
|---|---|---|
Stanton School 101 Hawthorne Lane, Fox Lake, IL 60020 | 5-8 | 1.3 mi |
Lotus School 29067 W Grass Lake Rd, Spring Grove, IL 60081 | PK-4 | 2.7 mi |
Grant Community High School 285 East Grand Avenue, Fox Lake, IL 60020 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 87 Lake Ln
Date
Details
Price
Change
Source
6/02/2026
Listed
$315,000
94.44%
MLS
3/23/2007
Sold
$162,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 87 Lake Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,238
3%
$58,825
14%
2024
$4,118
-5%
$51,814
10%
2023
$4,357
3%
$46,921
-2%
2022
$4,228
—
$47,890
6%
2021
$4,238
5%
$45,141
6%
2019
$4,048
—
$42,670
-4%
2020
$4,048
-5%
$44,496
2%
2018
$4,272
5%
$43,617
8%
2017
$4,087
-1%
$40,315
9%
2016
$4,126
5%
$36,871
7%
2015
$3,935
22%
$34,408
—
2014
$3,214
13%
$34,408
22%
2013
$2,851
-11%
$28,143
-15%
2012
$3,216
—
$33,195
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 87 Lake Ln
87 Lake Lane, Fox Lake, IL 60020 (MLS# 12664986) is a Single Family property with 5 bedrooms and 2 full bathrooms. 87 Lake Lane is currently listed for $315,000 and was received on June 02, 2026. Want to learn more about 87 Lake Lane? Do you have questions about finding other Single Family real estate for sale in Fox Lake? You can browse all Fox Lake real estate or contact a Coldwell Banker agent to request more information.

