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37464 N Terrace Lane Spring Grove, IL 60081 Residential - Single Family Contingent

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Description

Incredible opportunity to own a beautifully updated waterfront home along scenic Nippersink Creek, offering direct access to Pistakee Lake and the Chain O'Lakes. This flowing waterway setting provides the perfect backdrop for both relaxation and recreation. The home has been thoughtfully updated with major improvements including a new furnace and A/C (2020), new windows (2025), and a replaced seawall with rip rap (2024). Inside, you'll find a well-appointed kitchen featuring stainless steel appliances, granite countertops, a stone backsplash, and a convenient butler's pantry. The kitchen opens seamlessly to a spacious living room with soaring floor-to-ceiling stone fireplace (wood-burning or gas), hardwood floors, and stunning water views. Step outside to a generous 25x16 deck overlooking the water-ideal for entertaining or enjoying peaceful mornings. The primary bedroom offers beautiful waterfront views, a walk-in closet, and French doors leading directly to the deck. Upstairs, a second bedroom provides privacy along with its own full bathroom and ample storage. Outdoor features truly shine with a U-shaped pier accommodating up to three boats, complete with a unique 15x12 patio space right on the pier. A custom limestone walkway with built-in fire pit adds to the charm, creating the perfect setting to unwind and take in the natural surroundings. Additional highlights include a new deck (2024), updated drainage and sump systems, garage roof replacement, patio doors, fencing, and more. The large heated garage features an 18-ft wide overhead door, plus extra parking space for all your recreational vehicles and toys. Tucked away near the end of a quiet street, this property offers exceptional privacy while delivering the ultimate waterfront lifestyle. A rare find-truly a must-see!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,390
Garage Size: 2
Heated Garage
Built in 1946
High School: Grant Community High School
River Front
One Fireplace

General Information

Bedrooms: 2
Bathrooms: 2
Sqft: 1,390
County: Lake
High School: Grant Community High School
Listed By:
HomeSmart Connect LLC 847-495-5000
MRED MLS

Room Information

Deck: 24X16
Bedroom 2: 16X11
Dining Room: COMBO
Kitchen: 19X12
Living Room: 19X15
Primary Bedroom: 14X11
$340,000
Est. $2,226/mo
2beds
2baths
1,390sqft
2cars
New to the Market Contingent
BEDS2 BATHS2 full SQUARE FEET1,390 MLS#12596571
STATUSContingent PROPERTY TYPEResidential - Single Family SCHOOLDistrict 124

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Ruhl&Ruhl Realtors
563.441.1776

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37464 N Terrace Lane, Spring Grove, IL 60081.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $340,000$340,000$340,000
Down Payment $68,000$11,900$85,000
Monthly Mortgage Amount $1,653$2,002$2,101
Taxes $473$473$473
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$150$0
Monthly Estimated Total $2,226$2,725$2,674

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