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$265,000
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Property Description
This adorable 2 bedroom, 2 bath Cape Cod style home can be yours - just in time for summer fun! Enjoy water rights to Island Lake and a convenient location close to the Fox River and Lake County nature preserves! Inviting, light filled layout with hardwood cherry floors throughout the first floor, beadboard ceilings, master suite with loft overlook and new wraparound front deck! Many updates throughout with newer furnace, water heater, doors, siding, windows and garage door. Brand new deck flooring and refaced kitchen cabinets! Great outdoor space with a large fenced yard and side lot included! Unfinished basement with 1 car garage access, currently used as a workshop with removeable dividing wall. Offered AS IS.
Full Property Details
Full Property Details for 113 Southern Terrace
General
- Sold For: $265,000
- Taxes: $3,964 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12371236
- Added to Site: 218 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Carbon Monoxide Detectors, Water Heater-Gas
- Other Features: School Bus Service
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, On Site, Garage Owned, Attached, Garage
- Parking On-Site: Yes
Location
- Area: Island Lake
- County: Lake
- Subdivision: Island Lake Estates
- Driving Directions: Rt 176 E to Midway L on Midway R on Southern Terrace
School Information
- School District: 118
- Midd School District: 118
- Elementary School: Cotton Creek Elementary School
- Middle School: Wauconda Middle School
- High School: Wauconda Comm High School
- Private School: Wauconda Comm High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Cape Cod
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Exterior Entry, Full
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 1,068
- Sq. Ft. Source: Assessor
- Year Built: 1937
- Built Before 1978: Yes
- Remodeled/Updated: 2010
Lot Features
- Lot Size (Acres): 0.18
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 78 x 115
- Lot Features: Water Rights
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1937
- Tax Amount: $3,964.8
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9213160060000
Listed by Berkshire Hathaway HomeServices Starck Real Estate
Sold by Associates Realty
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Schools
Schools serving 113 Southern Terrace
School District:Wauconda Community Unit School District 118
| Name | Grades | Distance |
|---|---|---|
Cotton Creek School 545 Newport Court, Island Lake, IL 60042 | K-5 | 0.6 mi |
Matthews Middle School PO Box 920, Island Lake, IL 60042 | 6-8 | 1 mi |
Wauconda High School 555 North Main Street, Wauconda, IL 60084 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 113 Southern Terrace
Date
Details
Price
Change
Source
7/14/2025
Sold
$265,000
1.96%
MLS
6/13/2025
Listed
$259,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
113 Southern Terrace, Island Lake, IL 60042 (MLS# 12371236) is a Single Family property that was sold at $265,000 on July 14, 2025. Want to learn more about 113 Southern Terrace? Do you have questions about finding other Single Family real estate for sale in Island Lake? You can browse all Island Lake real estate or contact a Coldwell Banker agent to request more information.

