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$277,500
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Property Description
Beautiful 3-Bed, 2-Bath waterfront home in the gated Shadow Lakes community! Enjoy channel views from the wrap-around porch and access via your boat dock. Spacious 3-car garage! Fenced yard! Major updates include Roof (2023), Furnace & A/C (2024), Hot water heater (2025), washer/dryer (2025), Heat/AC unit in garage (2025) and ejector pump (2025) - Move in ready with peace of mind! Very well maintained, being sold as-is. Ideal for year-round living or weekend getaways. Community offers a clubhouse, pool, sandy beach, and many areas for activities. Don't miss this opportunity for lakeside living just an hour from Chicago!
Full Property Details
Full Property Details for 271 Fossil Bay Ct
General
- Price: $277,500
- HOA FEE: $173/month
- HOA FEE FREQ.: Annually
- Taxes: $6,387 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12538766
- Updated: 1/15/2026
- Added to Site: 18 day(s) ago
Rental Information
- Complex Features: Clubhouse, Park, Pool, Lake, Gated, Street Paved
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Dock
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Concrete, Garage Door Opener, Tandem, Yes, Garage Owned, Attached, Garage
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. If after office hours, you must make pre-arrangements for agent or seller to let you in.
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, Lake Rights
- Mgmt. Company: Shadow Lakes
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Propane, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Sub-Flooring: Laminate
- Square Feet: 1,373
- Sq. Ft. Source: Estimated
- Year Built: 2000
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.14
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 125
- Fence: Yes
- Lot Features: Channel Front
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $2,070
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 2000
- Tax Amount: $6,387
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 224043070570000
Listed by Village Realty, Inc.
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Schools
Schools serving 271 Fossil Bay Ct
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 | 1.7 mi |
Reed-Custer Middle School 407 Comet Drive, Braidwood, IL 60408 | 6-8 | 1.6 mi |
Reed-Custer High School 249 Comet Drive, Braidwood, IL 60408 | 9-12 | 1.7 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 271 Fossil Bay Ct
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$277,500
-0.89%
MLS
12/31/2025
Listed
$280,000
113.74%
MLS
3/11/2016
Sold
$131,000
—
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 271 Fossil Bay Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,387
9%
$103,682
12%
2023
$5,861
9%
$92,864
10%
2022
$5,382
—
$84,268
5%
2022
$5,382
—
$80,432
6%
2020
$5,364
6%
$76,203
6%
2019
$5,084
4%
$71,958
5%
2018
$4,907
2%
$68,859
2%
2017
$4,824
2%
$67,509
3%
2016
$4,713
2%
$65,289
3%
2015
$4,619
1%
$63,604
—
2014
$4,556
—
$63,604
-7%
2013
$4,546
—
$68,026
-5%
2012
$4,565
—
$71,418
—
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 271 Fossil Bay Ct
271 Fossil Bay Court, Wilmington, IL 60481 (MLS# 12538766) is a Single Family property with 3 bedrooms and 2 full bathrooms. 271 Fossil Bay Court is currently listed for $277,500 and was received on December 31, 2025. Want to learn more about 271 Fossil Bay Court? 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.

