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Lot Lakewood Drive Sugar Grove, IL 60554 Land - Residential New

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  • Lot Lakewood Drive , Sugar Grove, IL 60554 Main Photo

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Description

A truly once-in-a-lifetime opportunity to own an extraordinary nearly 4-acre property, featuring approximately 3 acres of private water and 1 acre of buildable land-never before offered to the public. This one-of-a-kind parcel includes the entirety of picturesque Sugar Grove Lake, a locally recognized landmark fed by three rare natural bubbling springs. Imagine building your custom dream home on the 1-acre buildable site, perfectly positioned to overlook your own stunning private lake. This unique offering provides unmatched privacy and the rare advantage of full ownership of the entire lake-not just access. The land portion is not designated as Illinois state wetland and is not located within a flood zone, offering exceptional flexibility for development. With no known zoning restrictions, you have the freedom to design and build to your vision. Additional highlights include two separate 10-foot-wide private drive access points (insurable easements), providing convenience and flexibility. A distinctive feature allows for seasonal customization of the lake's water color (green or blue) for a unique visual appeal. Located approximately 45 minutes west of the Chicago metro area in desirable Kane County. Be sure to check out the YouTube video for a full aerial perspective of this incredible property.

Property Highlights

Property Type: Land - Residential
Total Acres: 187x140x1068x85x103x89
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

General Information

County: Kane
Listed By:
Parkvue Realty Corporation 312-788-4040
MRED MLS
$795,000
Est. $5,151/mo
New to the Market New
LOT SIZE 187x140x1068x85x103x89 MLS#12628473
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 302

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Lot Lakewood Drive , Sugar Grove, IL 60554.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $795,000$795,000$795,000
Down Payment $159,000$27,825$198,750
Monthly Mortgage Amount $3,813$4,680$4,872
Taxes $1106$1106$1106
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$350$0
Monthly Estimated Total $5,151$6,368$6,210

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