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86 & 87 Lake Warren Drive, Monmouth, IL 61462.
Here you go! Welcome to the Lake! Lots 86 & 87 Lake Warren is a Beautiful Full or part time living waterfront property with a Beautiful Terraced home on the water with a view. This home is an open floor plan with a covered patio (30x14).1 bedroom and 1 bath! The vacant Lot #86 is included with price. This property also comes with the Pontoon and the golf cart! There are a dock and deck down by the water. All appliances are included! Some furniture can stay! Antique furniture does not stay. New 2022 septic tank for a 3-bedroom home. Shared water well, $120.00 per year for expense. Any other water well repairs are divided among the members of the water well if needed. 99 year leased land. Make sure your financing can handle leased land. Leasehold and membership dues are $765.00 per year, plus half of leasehold dues for lot 86. Lake meeting is 2nd Wednesday of each month, except Nov. which is Tuesday Nov. 18th. Lot 86 is 123x126x50x40 and Lot 87 is 117x42x123x40 Updates in 2022 were wiring, plumbing, insulation, windows, doors, furnace, Ac, drywall, roof, kitchen, bathroom, lighting, siding, and gutters.
MLS ID: CA1039973
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86 & 87 Lake Warren Drive, Monmouth, IL 61462.

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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $249,900 | $249,900 | $249,900 |
| Down Payment | $49,980 | $8,747 | $62,475 |
| Monthly Mortgage Amount | $1,167 | $1,432 | $1,494 |
| Taxes | $348 | $348 | $348 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $110 | $0 |
| Monthly Estimated Total | $1,615 | $1,990 | $1,942 |
Monmouth—located in the heart of Western Illinois—is a great place to move to. The city has a population of just under 9,000 (2025). Local businesses propagate the downtown area with unique shopping experiences for all. It is also home to Monmouth College, which participates in Division 3 athletics under the NCAA. It’s located about an hour’s drive from Peoria and just 20 minutes from Galesburg—a town slightly larger than Monmouth. Blending the best of a big city with the charm of a small town, this suburban area makes an excellent place to set down roots.
Head to Public Square—the center of town—to get familiar with some of Monmouth’s most popular businesses, such as Market Alley Wine, Avery’s Pub, Patton Block Grill & Brew Pub, and Maude Specklebelly’s. These are prime spots for relaxing on the weekends and connecting with friends and family.
Those who love the outdoors will be thrilled by all the recreation options in Monmouth and the surrounding area. Gibson Woods Golf Course is a highly rated place to enjoy a round of golf, with sprawling greens adjacent to Monmouth Park. On the southern end of town, Monmouth Country Club offers a 9-hole course in scenic surroundings. A few smaller green spaces dot the landscape as well, including Diffenbaugh-Harmon Park and West Park.
Those looking for homes for sale in Monmouth will find a wide selection to choose from in a wide range of price points. Most dwellings were built at the turn of the last century and exhibit the unique characteristics of homes of that era. Reference the Monmouth information below for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Monmouth, IL. You can also contact us—we are here to help!