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$360,000 Contingent
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Property Description
Who needs a vacation home when you can live like you're on vacation every day? This adorable 3-bedroom, 2-bath home sits on a channel of the Kankakee River, giving you the opportunity to keep your boat right outside your door and enjoy everything river life has to offer, and to make it even better, this home is NOT located in a flood zone. Inside, vaulted ceilings create an open, airy feel. Thoughtful updates throughout make this home completely move-in ready, while its charm and character make it easy to fall in love with. The updated kitchen features quartz countertops, soft-close cabinets, and stainless steel appliances that make the space as beautiful as it is practical. Whether you're preparing dinner after a day on the river or entertaining guests, this kitchen is sure to impress. The inviting living room serves as the heart of the home, highlighted by soaring vaulted ceilings and a stunning wood-burning fireplace that adds warmth, character, and the perfect cozy atmosphere during every season. Go outside and discover what truly makes this property special. Nestled among mature trees on an impressive .44-acre lot, you'll have plenty of room to entertain, relax, and enjoy the outdoors. Whether it's morning coffee overlooking the water, evenings around a fire pit, weekends on the boat, or cruising the neighborhood by golf cart, this property delivers the river lifestyle buyers dream about. Spend your days boating, fishing, enjoying water sports, or simply unwinding in your own backyard retreat. The channel location provides convenient access to the Kankakee River while offering the peaceful setting that makes waterfront living so desirable. Additional highlights include a detached 2-car garage and major mechanical updates with a new furnace and air conditioner installed in 2025, providing peace of mind for years to come. Cute, updated, and full of character, this river retreat offers the perfect combination of comfortable living and year-round vacation vibes. If you've been dreaming of life on the water, plenty of outdoor space, and the freedom to enjoy it all without being located in a flood zone, this is one you won't want to miss.
Full Property Details
Full Property Details for 8945 E Teal Ln
General
- Price: $360,000
- HOA FEE: $56/month
- HOA FEE FREQ.: Annually
- Taxes: $4,623 (2025)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12693987
- Updated: 7/10/2026
- Added to Site: 10 day(s) ago
Rental Information
- Complex Features: Water Rights, Street Paved
Interior
- Basement: Crawl Spac
- Interior Features: Cathedral Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Purifier Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Water Softener (Owned)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Wilmington
- County: Grundy
- Township: Goose Lake
- Subdivision: Mcintosh Acres
- Driving Directions: Lorenzo Road (Pine Bluff) to Will Road, turn Left on Teal Lane. House is the third property on the Left
School Information
- School District: 1
- Elem School District: 1
- Midd School District: 1
- High School District: 1
- Elementary School: Coal City Elementary School
- Middle School: Coal City Intermediate School
- High School: Coal City High School
- Private School: Coal City High School
Community
- Assoc. Fees Include: Other
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
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
- Square Feet: 1,107
- Sq. Ft. Source: Assessor
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.44
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 19166
- Lot Features: Channel Front, Water Rights
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $675
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 1979
- Tax Amount: $4,623
- Tax Year: 2025
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 601229060
Listed by Town Center Realty LLC
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Schools
Schools serving 8945 E Teal Ln
School District:Coal City Community Unit School District 1
| Name | Grades | Distance |
|---|---|---|
Coal City Elementary School 300 North Broadway Street, Coal City, IL 60416 | 2-3 | 5.8 mi |
Coal City Intermediate School 305 East Division Street, Coal City, IL 60416 | 4-5 | 6 mi |
Coal City Early Childhood Center 755 South Carbon Hill Road, Coal City, IL 60416 | PK-1 | 7.1 mi |
Coal City Middle School 500 South Carbon Hill Road, Coal City, IL 60416 | 6-8 | 6.8 mi |
Coal City High School 655 West Division Street, Coal City, IL 60416 | 9-12 | 6.3 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 8945 E Teal Ln
Date
Details
Price
Change
Source
7/02/2026
Listed
$360,000
26.32%
MLS
9/10/2021
Sold
$285,000
—
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 8945 E Teal Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,692
5%
$92,034
5%
2024
$4,449
17%
$87,260
17%
2022
$3,810
19%
$74,738
8%
2021
$3,200
—
$69,202
4%
2021
$3,200
4%
$66,547
6%
2020
$3,079
14%
$62,958
6%
2018
$2,699
3%
$59,269
3%
2017
$2,622
10%
$57,398
8%
2016
$2,390
2%
$53,383
1%
2015
$2,342
17%
$53,043
1%
2014
$1,997
—
$52,487
—
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 8945 E Teal Ln
8945 E Teal Lane, Wilmington, IL 60481 (MLS# 12693987) is a Single Family property with 3 bedrooms and 2 full bathrooms. 8945 E Teal Lane is currently listed for $360,000 and was received on July 02, 2026. Want to learn more about 8945 E Teal 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.

