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224 Big Peninsula Road, Elgin, IL 60123.
PREMIUM CHANNEL-SIDE LOCATION WITH WATER VIEWS IN WILLOW LAKE ESTATES! This 2-bedroom, 1.5-bath home offers 1,152 square feet of one-level living in one of the community's most desirable settings. Enjoy peaceful channel and water views, frequent visits from local wildlife and birds, and a relaxing natural backdrop right outside your door. Inside, you'll find vaulted ceilings and an open-concept floor plan that creates a spacious feel, with the dining area flowing seamlessly into the living room. The primary bedroom includes a convenient private half bath. This home presents an excellent opportunity for buyers looking to add their own personal touches and build sweat equity. Residents of Willow Lake Estates enjoy an active 55+ lifestyle with exceptional 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 ideally located near the community beach and just a short distance from the clubhouse and pool. Low-maintenance living at its best with lawn care and snow removal included in the lot rent-ideal for seasonal travelers, snowbirds, or anyone looking to simplify homeownership while maintaining an active lifestyle. Conveniently located near Advocate Sherman Hospital, I-90, shopping, dining, Downtown Elgin, and Grand Victoria Casino, with O'Hare International Airport approximately 35-40 minutes away. Premium location. Water views. Exceptional potential. This is a rare opportunity to purchase in one of Willow Lake Estates' most desirable waterfront settings and make it your own. For buyers willing to invest a little effort, the combination of price, location, and upside potential creates tons of value. Current market lot base rent is $1,437.28 per month.
MLS ID: 12668886
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224 Big Peninsula Road, Elgin, IL 60123.

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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $25,000 | $25,000 | $25,000 |
| Down Payment | $5,000 | $875 | $6,250 |
| Monthly Mortgage Amount | $122 | $149 | $154 |
| Taxes | $35 | $35 | $35 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $11 | $0 |
| Monthly Estimated Total | $257 | $295 | $289 |
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