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$199,900 Just Listed
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Property Description
This first-floor 2-bedroom, 1.1-bath condo is owned by the Four Lakes Condo 1 Homeowners Association and is being sold as-is, with cash offers preferred, making it a great opportunity for investors, rehabbers, or buyers ready to create their dream space. The price reflects the improvements needed. The standout feature of this unit is the incredible lake view-truly one of the best in the community. From your private balcony, enjoy beautiful west-facing sunset views overlooking the lake, ski hill, and volleyball courts. The first-floor location, spacious layout, and serene waterfront setting make this unit an exceptional opportunity in Four Lakes. The condo is in original condition and ready for renovation, allowing the next owner to update and customize the space to their taste while taking advantage of the unbeatable view and location. Beyond the unit itself, you'll love everything Four Lakes has to offer. Enjoy resort-style living with swimming pools, tennis and pickleball courts, a ski hill, sand volleyball courts, a bar and restaurant, scenic walking and jogging trails, a frisbee golf course, an on-site convenience store, and a gym with low and flexible memberships. With so much to offer, the hardest part about living at Four Lakes is deciding what to do next!
Full Property Details
Full Property Details for 5525 E Lake Dr #A
General
- Price: $199,900
- HOA FEE: $610/month
- Taxes: $5,134 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12585329
- Updated: Today (3/6/2026)
- Added to Site: Today
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Commissary, Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Party Room, Pool, Restaurant, Tennis Court(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Flood Zone
Exterior
- Exterior Features: Balcony, Outdoor Grill
Parking
- Total Spaces: 1
- Parking Features: Asphalt, Assigned, Yes
Location
- Area: Lisle
- County: DuPage
- Township: Lisle
- Subdivision: Four Lakes
- Driving Directions: MAPLE WEST OF RT.53 TO EAST LAKE DRIVE SOUTH TO BEAR LEFT TO STOP SIGN RIGHT TO 5525.
School Information
- School District: 68
- Elem School District: 68
- Midd School District: 68
- High School District: 99
- Elementary School: Goodrich Elementary School
- Middle School: Thomas Jefferson Junior High Sch
Community
- Assoc. Fees Include: Heat, Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: FOUR LAKES VILLAGE CONDO ASSN 1
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Common Walls: End Unit
- Windows: Screens
- Entry Floor Number: 1
- Stories/Levels: 3
- Square Feet: 1,100
- Sq. Ft. Source: Estimated
- Year Built: 1980
Unit Information
- Units in Building: 6
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds, Landscaped, Wooded
Animals
- Animals Allowed: Cats OK, Dogs OK
Water Features
- Water Front: Yes
- Water Front Desc.: Pond
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $610
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1980
- Tax Amount: $5,134
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 815105109
Listed by Torg Realty Inc
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Schools
Schools serving 5525 E Lake Dr #A
School Districts:Woodridge School District 68, Community High School District 99
| Name | Grades | Distance |
|---|---|---|
Goodrich Elementary School 3450 Hobson Road, Woodridge, IL 60517 | K-6 | 1.7 mi |
Thomas Jefferson Jr High School 7200 Janes Avenue, Woodridge, IL 60517 | 7-8 | 2.8 mi |
Community H S Dist 99 - North High School 4436 Main Street, Downers Grove, IL 60515 | 9-12 | 3.8 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 5525 E Lake Dr #A
Date
Details
Price
Change
Source
3/06/2026
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5525 E Lake Dr #A
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,134
22%
$65,271
29%
2022
$4,211
4%
$50,690
4%
2021
$4,057
2%
$48,770
2%
2020
$3,993
3%
$47,900
5%
2019
$3,878
18%
$45,830
22%
2018
$3,292
3%
$37,560
3%
2017
$3,209
1%
$36,290
4%
2016
$3,171
1%
$34,980
6%
2015
$3,136
1%
$32,940
4%
2014
$3,111
-2%
$31,750
-4%
2013
$3,171
-3%
$33,140
-11%
2012
$3,254
—
$37,090
—
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 5525 E Lake Dr #A
5525 E Lake Drive #A, Lisle, IL 60532 (MLS# 12585329) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 5525 E Lake Drive #A is currently listed for $199,900 and was received on March 06, 2026. Want to learn more about 5525 E Lake Drive #A? Do you have questions about finding other Condo real estate for sale in Lisle? You can browse all Lisle real estate or contact a Coldwell Banker agent to request more information.

