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$210,000 Contingent
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Property Description
Charming Waterfront Home - Move-In Ready & Full of Upgrades! Looking for a cozy home on the water? Spend your summer focused on one thing: relaxing. This inviting 2 bedroom, 2 bathroom waterfront home features an open floor plan with a bright, spacious feel. The larger kitchen includes all appliances, a dishwasher, and a convenient peninsula counter for extra prep or seating space. The living room boasts a wall of windows that fill the space with natural light and provide peaceful views of the water. The primary bedroom offers generous space and a private ensuite bath. A full-size laundry room and programmable thermostat add comfort and convenience. Venture outside to your deck-complete with a SunSetter shade-and enjoy the ducks and wildlife right from your yard. The property includes a cement boat slip/sea wall, perfect for anyone who loves boating, fishing, or just being near the water. This home sits on a 4 ft waterproofed crawl space with visqueen, offering excellent storage and easy access via a clean staircase. A sump pump and a 2020 battery backup provide extra peace of mind. Recent Updates (within the last 7 years): Roof, AC, and Furnace. Washer & Dryer (2022) Stove & Water Heater (2025). Notes: Deck boards may need to be reset in the near future. Your summer oasis awaits-come make it yours! Shadow Lakes offers miles of interconnected freshwater channels, lakes, and marshes-with depths reaching up to 42 feet in some areas, making it a prime destination for fishing, swimming, boating, and wildlife viewing. Only electric boats and golf carts are permitted, helping preserve the natural beauty and peaceful atmosphere. Community amenities include a clubhouse, community pool, separate sand beach, pavilion, dog park, and areas for volleyball, basketball, and other outdoor games. The association hosts a variety of family-friendly events and activities throughout the year. Conveniently located near I-55 and only 60 minutes from Chicago, Shadow Lakes is an ideal retreat with easy access to the city. Association dues are tiered based on the time you spend at the property and include water, sewer, and garbage. Buyer and buyer's agent are encouraged to contact Shadow Lakes to verify all rules, dues, and community information. Lot size and square footage are estimated. The seller is selling as is.
Full Property Details
Full Property Details for 194 Fossil Cove Ln
General
- Price: $210,000
- HOA FEE: $195/month
- HOA FEE FREQ.: Annually
- Taxes: $1,020 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12523233
- Updated: 1/15/2026
- Added to Site: 56 day(s) ago
Rental Information
- Complex Features: Clubhouse, Park, Pool, Lake, Gated
Interior
- Basement: Crawl Spac
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Built-in Features, Walk-In Closet(s), Open Floorplan
- Appliances: Range, Microwave, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 4
- Parking Features: Asphalt, Yes, Owned
Location
- Area: Wilmington
- County: Will
- Township: Reed
- Subdivision: Shadow Lakes
- Driving Directions: Coal City Road to Novy Rd south to Tully Rd (gate 3). You must make an appt to see this property
School Information
- School District: 255U
- Elem School District: 255U
- Midd School District: 255U
- High School District: 255U
Community
- Assoc. Fees Include: Water, Security, Clubhouse, Pool, Scavenger, Lake Rights, Other
- Mgmt. Company: Shadow Lakes
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Propane
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Asphalt
- Square Feet: 1,500
- Sq. Ft. Source: Estimated
- Year Built: 2005
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 54 x 98 x 50 x 102
- Lot Features: Channel Front, Water Rights, Views
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Privileges, Waterfront
- Water Front View: Back of Property, Side(s) of Property
- Lake Front: Yes
Financial Considerations
- Association Fee: $2,340
- Assoc Fee Freq.: Annually
- Assessment Year: 2005
- Tax Amount: $1,020
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 224041320330000
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Schools
Schools serving 194 Fossil Cove Ln
School District:Reed Custer Community Unit School District 255u
| Name | Grades | Distance |
|---|---|---|
Reed-Custer Intermediate School 162 South School Street, Braidwood, IL 60408 | PK-5 | 1.9 mi |
Reed-Custer Middle School 407 Comet Drive, Braidwood, IL 60408 | 6-8 | 1.9 mi |
Reed-Custer High School 249 Comet Drive, Braidwood, IL 60408 | 9-12 | 1.9 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 194 Fossil Cove Ln
Date
Details
Price
Change
Source
11/23/2025
Listed
$210,000
77.97%
MLS
7/13/2017
Sold
$118,000
—
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 194 Fossil Cove Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,020
-3%
$46,596
12%
2023
$1,054
-24%
$41,734
10%
2022
$1,391
—
$37,871
5%
2022
$1,391
-1%
$36,147
6%
2020
$1,411
—
$34,246
6%
2019
$1,417
-1%
$32,338
4%
2018
$1,429
-18%
$30,946
2%
2017
$1,745
3%
$30,339
3%
2016
$1,691
3%
$29,341
3%
2015
$1,646
1%
$28,584
—
2014
$1,624
23%
$28,584
-7%
2013
$1,315
-7%
$30,572
-5%
2012
$1,419
—
$32,096
—
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 194 Fossil Cove Ln
194 Fossil Cove Lane, Wilmington, IL 60481 (MLS# 12523233) is a Single Family property with 2 bedrooms and 2 full bathrooms. 194 Fossil Cove Lane is currently listed for $210,000 and was received on November 23, 2025. Want to learn more about 194 Fossil Cove Lane? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

