$15,000
 $81 est/mo Sourced by Back At You

224 Big Peninsula Road,Elgin, IL 60123

Elgin, IL 60123

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Description

PREMIUM WATERFRONT SETTING IN WILLOW LAKE ESTATES! Located along the channel with peaceful water views, this 2-bedroom, 1.5-bath home offers 1,152 square feet of convenient single-level living in one of the community's most sought-after locations. Enjoy a serene natural setting just outside your door, complete with frequent visits from local birds and wildlife. The interior features vaulted ceilings and an open-concept layout that gives the home a bright, spacious feel. The dining area connects effortlessly to the living room, creating a comfortable space for everyday living and entertaining. The primary bedroom also includes its own private half bath for added convenience. This property offers outstanding potential for a buyer ready to make updates, add personal touches, and build sweat equity. With its desirable location, attractive price, and strong upside potential, a little effort could create significant value. Willow Lake Estates provides an active 55+ lifestyle with a wide range of community amenities, including stocked fishing lakes, a clubhouse, heated outdoor pool, shuffleboard courts, horseshoe pits, walking areas, and nearby access to the Illinois Prairie Path across the Fox River. The home is conveniently positioned near the community beach and only a short distance from the clubhouse and pool. Enjoy low-maintenance living with lawn care and snow removal included in the lot rent, making this an excellent option for snowbirds, seasonal travelers, or anyone seeking a simpler homeownership experience without giving up an active lifestyle. The community is conveniently located near Advocate Sherman Hospital, I-90, shopping, dining, Downtown Elgin, and Grand Victoria Casino. O'Hare International Airport is approximately 35-40 minutes away. Premium location. Peaceful water views. Exceptional potential. This is a rare chance to own a home in one of Willow Lake Estates' most desirable waterfront settings and make it your own. Current market lot base rent is $1,437.28 per month.

Details

MLS #12738045
Listing TypeFor Sale
StyleManufactured Home
Sub-TypeResale
StatusActive
Year1969
Days On Site31
Listing Provided ByKeller Williams Success Realty | Nathan Hess

Features

Bed(s)2
Bath(s) 2 Total
PoolYes
Water FrontYes

Interior

Rooms Total6
CoolingCentral Air
HeatingBaseboard
Interior FeaturesVaulted Ceiling(s)
AppliancesRange, Microwave, Refrigerator, Freezer, Washer, Dryer, Oven, Range Hood, Gas Cooktop, Gas Oven
Fireplaces Total0
Laundry FeaturesIn Unit
Window FeaturesScreens

Exterior

RoofAsphalt
Lot FeaturesChannel Front
Construction MaterialsVinyl Siding

Parking

Parking FeaturesConcrete, Assigned, Side Apron, Yes, Other

Utilities

SewerPublic Sewer

Location

Community FeaturesClubhouse, Park, Pool, Tennis Court(s), Lake, Water Rights, Curbs, Street Lights, Street Paved

Taxes

Tax Year2025
Tax Annual Amount141.4

Area Information

StateIL
CountyKane
CityElgin
Zip Code60123
AreaElgin
Listing VS Median (in 60123)
Price:
$15,000
low | high
Med:
$310,000
100% of Average
On site:
31
low | high
Med:
38.5
80.519480519481% of Average
Sourced by Back At You

Market Activity 60123

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Learn More About This Property

StateIL
CountyKane
CityElgin
Zip Code60123
AreaElgin
Listing VS Median (in 60123)
Price:
$15,000
low | high
Med:
$310,000
100% of Average
On site:
31
low | high
Med:
38.5
80.519480519481% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $11K - $18K
sqft: 0 - 0
Listing Updated: August 25, 2026 at 11:15:14 PM PDT