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$340,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,390 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago

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Open House: 10:00 AM - 12:00 PM

Saturday 3/21 10:00 AM - 12:00 PM

37464 N Terrace Lane,Spring Grove, IL 60081

37464 N Terrace LaneSpring GroveIL60081

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Incredible opportunity to own a beautifully updated waterfront home along scenic Nippersink Creek, offering direct access to Pistakee Lake and the Chain O'Lakes. This flowing waterway setting provides the perfect backdrop for both relaxation and recreation. The home has been thoughtfully updated with major improvements including a new furnace and A/C (2020), new windows (2025), and a replaced seawall with rip rap (2024). Inside, you'll find a well-appointed kitchen featuring stainless steel appliances, granite countertops, a stone backsplash, and a convenient butler's pantry. The kitchen opens seamlessly to a spacious living room with soaring floor-to-ceiling stone fireplace (wood-burning or gas), hardwood floors, and stunning water views. Step outside to a generous 25x16 deck overlooking the water-ideal for entertaining or enjoying peaceful mornings. The primary bedroom offers beautiful waterfront views, a walk-in closet, and French doors leading directly to the deck. Upstairs, a second bedroom provides privacy along with its own full bathroom and ample storage. Outdoor features truly shine with a U-shaped pier accommodating up to three boats, complete with a unique 15x12 patio space right on the pier. A custom limestone walkway with built-in fire pit adds to the charm, creating the perfect setting to unwind and take in the natural surroundings. Additional highlights include a new deck (2024), updated drainage and sump systems, garage roof replacement, patio doors, fencing, and more. The large heated garage features an 18-ft wide overhead door, plus extra parking space for all your recreational vehicles and toys. Tucked away near the end of a quiet street, this property offers exceptional privacy while delivering the ultimate waterfront lifestyle. A rare find-truly a must-see!

Full Property Details for 37464 N Terrace Ln

General

  • Price: $340,000
  • Taxes: $3,266 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12596571
  • Updated: 3/19/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Lake, Water Rights, Street Paved

Interior

  • Basement: Crawl Spac
  • Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood-Burning, Gas Log
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Equipment: Water Softener (Owned), Carbon Monoxide Detectors, Ceiling Fan(s)
  • Other Features: School Bus Service, Commuter Train, Flood Zone

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 6
  • Parking Features: Asphalt, Garage Door Opener, Heated Garage, Yes, Garage Owned, Detached, Owned, Garage

Location

  • Area: Spring Grove
  • County: Lake
  • Township: Grant
  • Driving Directions: Rte 12 North to Terrace turn left(South) follow around to near end, home on right.

School Information

  • School District: 114
  • Elem School District: 114
  • Midd School District: 114
  • High School District: 124
  • 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: Septic Tank
  • Water: Well

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Roof: Asphalt
  • Sub-Flooring: Hardwood
  • Square Feet: 1,390
  • Sq. Ft. Source: Estimated
  • Year Built: 1946
  • Built Before 1978: Yes
  • Remodeled/Updated: 2004

Lot Features

  • Lot Size (Acres): 0.1857
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 54 x 148 x 50 x 140
  • Lot Features: Channel Front

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake Front
  • Water Front View: Back of Property
  • Lake Front: Yes

Financial Considerations

  • Assessment Year: 1946
  • Tax Amount: $3,266.8
  • Tax Year: 2024
  • Pays Sewer: Septic Tank

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 5043020050000

Listed by HomeSmart Connect LLC

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— 37464 N Terrace Ln —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 37464 N Terrace Ln

School Districts:Fox Lake Grade School District 114, Grant Community High School District 124
NameGradesDistance
Lotus School
29067 W Grass Lake Rd, Spring Grove, IL 60081
PK-41.6 mi
Stanton School
101 Hawthorne Lane, Fox Lake, IL 60020
5-82.1 mi
Grant Community High School
285 East Grand Avenue, Fox Lake, IL 60020
9-122.1 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 37464 N Terrace Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$340,000
47.83%
MLS
6/01/2020
Sold
$230,000
—
Public Record
Get Price Alerts and Save Property
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 for 37464 N Terrace Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,221
-20%
$61,819
6%
2023
$4,011
5%
$58,237
3%
2022
$3,815
36%
$56,370
7%
2021
$2,800
6%
$52,678
31%
2020
$2,634
—
$40,226
5%
2019
$2,629
-13%
$38,283
-8%
2018
$3,016
7%
$41,742
8%
2017
$2,829
1%
$38,582
9%
2016
$2,804
5%
$35,286
7%
2015
$2,665
-28%
$32,928
—
2014
$3,699
-11%
$32,928
-20%
2013
$4,177
7%
$41,269
-17%
2012
$3,921
—
$49,902
—
View All
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 for 37464 N Terrace Ln

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37464 N Terrace Lane, Spring Grove, IL 60081 (MLS# 12596571) is a Single Family property with 2 bedrooms and 2 full bathrooms. 37464 N Terrace Lane is currently listed for $340,000 and was received on March 19, 2026. Want to learn more about 37464 N Terrace Lane? Do you have questions about finding other Single Family real estate for sale in Spring Grove? You can browse all Spring Grove real estate or contact a Coldwell Banker agent to request more information.

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