Welcome to this charming Cape Cod-style home nestled along the Nippersink Channel, offering beautiful views and direct access to the Chain of Lakes. Fully rehabbed in 2016, this home features 3 bedrooms, 2 full baths, and over 1,600 square feet of comfortable living space. Inside, you'll find an open-concept main floor with wood laminate flooring, stainless steel appliances, and convenient main-level laundry. Large windows frame picturesque water views, filling the home with natural light. Step outside to enjoy the spacious deck-perfect for relaxing or entertaining-as well as a private fenced yard, fire pit, and your own dock for lakeside enjoyment and boat slip. Boat included! The detached 1.5-car garage and asphalt driveway offer ample parking and storage. Whether you're looking for a full-time residence or a weekend escape, this beautifully updated waterfront home delivers charm, comfort, and unbeatable scenery in a serene, established neighborhood.
Closed
$351,000
37456 N Terrace Ln, Spring Grove, IL 60081
3beds
1,656sqft
Single Family Residence
Built in 1935
0.27 Acres Lot
$376,700 Zestimate®
$212/sqft
$3,118 Estimated rent
Home value
$376,700
$354,000 - $403,000
$3,118/mo
Zestimate® history
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Zillow last checked: 8 hours ago
Listing updated: July 31, 2025 at 01:36am
Listing courtesy of:
Margaret Gancer 708-620-0350,
Compass
Bought with:
Vanessa Preston
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12387523
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 240 Square Feet
- Dimensions: 20X12
Bedroom 2
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 3
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 80 Square Feet
- Dimensions: 8X10
Deck
- Level: Main
- Area: 220 Square Feet
- Dimensions: 22X10
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8X12
Family room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 136 Square Feet
- Dimensions: 17X8
Kitchen
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Laundry
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5X8
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 304 Square Feet
- Dimensions: 19X16
Heating
- Natural Gas, Steam, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Unit
Features
- Basement: Crawl Space
Interior area
- Total structure area: 0
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 1.5
- Parking features: Asphalt, On Site, Garage Owned, Detached, Owned, Garage
- Garage spaces: 1.5
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Boat Slip, Fire Pit
- Fencing: Fenced,Chain Link
- Has view: Yes
- View description: Water, Back of Property
- Water view: Water,Back of Property
- Waterfront features: Lake Front
Lot
- Size: 0.27 Acres
- Dimensions: 82X150X75X142
- Features: Channel Front, Water Rights
Details
- Additional parcels included: 05043020100000
- Parcel number: 05043020060000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Spring Grove
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $351,000-6.4%$212/sqft |
Source:  MRED as distributed by MLS GRID #12387523 Report a problem | ||
| 6/27/2025 | Contingent | $375,000$226/sqft |
Source: MRED as distributed by MLS GRID #12387523 Report a problem | ||
| 6/11/2025 | Listed for sale | $375,000+24%$226/sqft |
Source: MRED as distributed by MLS GRID #12387523 Report a problem | ||
| 7/7/2022 | Sold | $302,500+4.3%$183/sqft |
Source: MRED as distributed by MLS GRID #11425087 Report a problem | ||
| 6/8/2022 | Contingent | $290,000$175/sqft |
Source: MRED as distributed by MLS GRID #11425087 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $5,577 -1% | $73,956 +6.1% |
| 2022 | $5,631 +12.1% | $69,672 +2.6% |
| 2021 | $5,023 +19.1% | $67,913 +40.1% |
Find assessor info on the county website
Neighborhood: 60081
Nearby schools
GreatSchools rating
- 6/10Lotus SchoolGrades: PK-4Distance: 1.6 mi
- 3/10Stanton SchoolGrades: 5-8Distance: 2.1 mi
- 5/10Grant Community High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- District: 114
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$376,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$376,700
- Illinois
- Lake County
- Spring Grove
- 60081
- 37456 N Terrace Ln