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$299,000
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Property Description
4-bedroom on 1 acre with rare heated shop at Lake Iroquois, full lake access and amenities If you've been looking for a home that offers space to live, work, and play-this is it. Set on a full acre in the Lake Iroquois community in Loda, IL, this 4-bedroom, 2.5-bath home offers over 2,000 square feet of comfortable living paired with exceptional garage and workshop space that is hard to find at this price point. A standout feature is the heated and insulated 32x24 detached workshop with 9ft ceilings, complete with water and electric-perfect for hobbies, woodworking, mechanics, storage, or small business use. In addition, the property also includes an attached garage and plenty of driveway space, offering outstanding flexibility for vehicles, boats, and recreational gear. Inside, the move-in ready home offers a functional layout with spacious bedrooms, multiple living areas, and natural light throughout. Outside, the 1-acre lot provides room to spread out, garden, entertain, or simply enjoy a more private setting. Recent updates: AC, water heater, appliances. As part of the HOA Lake Iroquois community, residents enjoy many benefits and access to a private lake, beach, pool, parks, trails, and courts for tennis and pickleball-offering a true lifestyle upgrade, not just a home. This is a rare opportunity to own a property that blends acreage, workshop capability, and lake community amenities all in one. Located just 40 minutes north of Champaign, Illinois.
Full Property Details
Full Property Details for 137 Chippewa Dr
General
- Price: $299,000
- HOA FEE: $252/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,511 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12672904
- Updated: 7/7/2026
- Added to Site: 35 day(s) ago
Rental Information
- Complex Features: Park, Pool, Tennis Court(s), Lake, Other
Interior
- Basement: Crawl Spac
- Interior Features: Vaulted Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Water Softener (Rented), Ceiling Fan(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3.5
- Total Spaces: 3
- Parking Features: Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached, Detached
Location
- Area: Loda
- County: Iroquois
- Township: Loda
- Subdivision: Lake Iroquois
- Driving Directions: Take I-57 North toward Chicago to the Loda / Buckley exit (Exit 272). Go west on County Road 200N / Bayles Lake Rd approximately 4-5 miles. Turn north (right) onto County Road 700 E toward Lake Iroquois. Enter through the main entrance and continue to Shawnee Drive, then turn right onto Chippewa Drive. Follow Chippewa to 137 Chippewa Dr. Property will be on the right. From Bloomington / Normal: Take I-74 East to I-57 North toward Chicago. Continue to the Loda / Buckley exit (Exit 272). Go west on County Road 200N / Bayles Lake Rd, then north on County Road 700 E to the Lake Iroquois main entrance. Turn onto Shawnee Drive, then right onto Chippewa Drive to 137 Chippewa Dr. From Kankakee: Take I-57 South to the Loda / Buckley exit (Exit 272). Go west on County Road 200N / Bayles Lake Rd. Turn right (north) onto County Road 700 E to the Lake Iroquois entrance. Continue on Shawnee Drive, then turn right onto Chippewa Drive. Proceed to 137 Chippewa Dr.
School Information
- School District: 10
- Elem School District: 10
- Midd School District: 10
- High School District: 10
- Elementary School: Clara Petersen Elementary School
Community
- Assoc. Fees Include: Water, Clubhouse, Pool, Lake Rights
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Cape Cod
- Architectural Style: Cape Cod
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 2,053
- Sq. Ft. Source: Landlord/Tenant/Seller
- Built Before 1978: Yes
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 1
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 1
Financial Considerations
- Association Fee: $755
- Assoc Fee Freq.: Quarterly
- Parking Included: Yes
- Tax Amount: $4,511
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 36192760340000
Listed by Circle One Realty
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Schools
Schools serving 137 Chippewa Dr
School District:Paxton-Buckley-Loda Community Unit School District 10
| Name | Grades | Distance |
|---|---|---|
Clara Peterson Elementary School PO Box 50, Paxton, IL 60957 | PK-5 | 5 mi |
Paxton-Buckley-Loda Jr High School PO Box 50, Paxton, IL 60957 | 6-8 | 4.4 mi |
Paxton-Buckley-Loda High School PO Box 50, Paxton, IL 60957 | 9-12 | 4.5 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 137 Chippewa Dr
Date
Details
Price
Change
Source
7/01/2026
Price Reduced
$299,000
-3.24%
MLS
6/09/2026
Listed
$309,000
—
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 137 Chippewa Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,511
177%
$28,250
8%
2023
$1,626
7%
$26,160
—
2022
$1,525
12%
$26,160
17%
2021
$1,359
8%
$22,360
7%
2020
$1,260
—
$20,830
3%
2020
$1,260
3%
$20,140
3%
2019
$1,224
15%
$19,610
9%
2017
$1,060
-2%
$17,910
—
2016
$1,081
11%
$17,910
1%
2014
$975
—
$17,690
—
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 137 Chippewa Dr
137 Chippewa Drive, Loda, IL 60948 (MLS# 12672904) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 137 Chippewa Drive is currently listed for $299,000 and was received on June 09, 2026. Want to learn more about 137 Chippewa Drive? Do you have questions about finding other Single Family real estate for sale in Loda? You can browse all Loda real estate or contact a Coldwell Banker agent to request more information.

