37486 N Terrace Ln

Spring Grove, IL 60081

$475,000
Price
3
Beds
1,272 Sq. Ft.
$373 / Sq. Ft.
1,272
Sq. Ft.
$373
per Sq. Ft.
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Description

Welcome to your charming waterfront retreat on Nippersink Creek! This delightful 3-bedroom, 1.5-bathroom home offers 1,272 square feet of comfortable living space, perfectly situated on a generous 0.3765-acre lot with an impressive 100 feet of private channel frontage. Imagine endless days of boating, fishing, and kayaking right from your backyard, with direct access to the Chain O' Lakes! Step inside to discover a cozy and inviting interior, ideal for both relaxation and everyday living. The true...Welcome to your charming waterfront retreat on Nippersink Creek! This delightful 3-bedroom, 1.5-bathroom home offers 1,272 square feet of comfortable living space, perfectly situated on a generous 0.3765-acre lot with an impressive 100 feet of private channel frontage. Imagine endless days of boating, fishing, and kayaking right from your backyard, with direct access to the Chain O' Lakes! Step inside to discover a cozy and inviting interior, ideal for both relaxation and everyday living. The true highlight of this property is its exceptional outdoor amenities. Enjoy serene evenings and entertaining on your spacious patio, perfect for barbecues and soaking in the tranquil water views. For the outdoor enthusiast, this home truly delivers with not one, but two detached garages: a convenient 2-car garage for vehicles and an additional garage specifically designed to store all your water toys and recreational gear. This unique property blends comfortable living with an unparalleled waterfront lifestyle. Don't miss the opportunity to make this Nippersink Creek gem your own! Schedule your showing today. Estate sale-sold as-is!
  1. Listed by Brian Jensen • Lakes Realty Group
    P: (847)-204-5469 C: (847)-204-5469 brokerbrian@yahoo.com

Property Details for 37486 North Terrace Lane

Area
Spring Grove
Subdivision
Nippersink Terrace
Township
Grant
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Air Conditioning Type
Window Unit(s)
LISTING UPDATED: 06/02/2026 04:00 AM

Property Details for 37486 North Terrace Lane

StatusNew
MLS #12659260
Days on Market1
Taxes$1,684 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeDetached Single / 1.5 Story
Year Built1935
Lot Size0.38 AC / 16,400 SF
CountyLake County
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Location

Listing Courtesy of Lakes Realty Group
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Building Information for 37486 North Terrace Lane

Stories-Year Built1935Building Size-Lot Size0.38 AC / 16,400 SF

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$2,507 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,367

Property Taxes

$140

HOA Dues

$0

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Property Information for 37486 North Terrace Lane

General Information
School Information
  • Elementary School District: 114
  • High School District: 124
  • High School: Grant Community High School
  • Middle Or Junior School District: 114
Addtl Parking Information
  • Parking Details: Asphalt, Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Interior Property Features: 1st Floor Bedroom, Paneling
  • Num Of Rooms: 7
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Community Features: Water Rights
  • Fireplace Features: Gas Log
  • Basement Type: Unfinished, Exterior Entry, Full
  • Bedrooms Possible: 3
  • Air Conditioning: Window Unit(s)
  • Flooring: Carpet
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Fireplace Location: Living Room
  • Room Type: Eating Area, Sun Room
  • Num of Baths: 1.1
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Type: 1.5 Story
Utilities / Equipment
  • Sewer: Septic Tank
  • Water: Well
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Other Equipment: CO Detectors, Sump Pump, Water Heater-Gas
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Type Detached: 1.5 Story
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Description: Channel Front, Water Rights
  • Lot Size: .25-.49 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 100x190x90x164
  • Other Structures: Second Garage
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Aluminum Siding
  • Construction: Aluminum Siding
  • General Information: School Bus Service
  • Living Area Source: Assessor
  • Assessor Square Footage: 1272
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-05-27T16:00:51
  • Photos Count: 31
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 15X14
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 11X11
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 9X9
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 19X10
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 13X7
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 14X11
Eating Area Information
  • Room Level: Main
  • Room Type: Eating Area
  • Dimensions: 7X7
Sun Room Information
  • Room Level: Main
  • Room Type: Sun Room
  • Dimensions: 12X9

Public Records for 37486 North Terrace Lane

Taxable ValueLand$29,839Additions$56,903Total$86,742
Tax Record2025$1,807 ($151 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,272 SqFtAbove Grade Finished SqFt1,272 SqFtStories2Lot Size15,812 SqFtStyleSingle Family ResidenceYear Built1935CountyLAKEAPN05-04-302-003Fireplace TypeHas Fireplace

Schools near 37486 North Terrace Lane

This home is within Fox Lake Grade School District 114 School District.
Rating
School
Type
Grades
Distance
Lotus School
Public - PK to 4
Stanton School
Public - 5 to 8
Grant Community High School
Public - 9 to 12
Rating
School
Distance
Lotus School
PublicPK to 4

Stanton School
Public5 to 8

Grant Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 37486 North Terrace Lane, Spring Grove, IL 60081

37486 North Terrace Lane is a single family home for sale in Spring Grove, IL 60081. This listing's school districts are Grant Chsd 124 School District, Fox Lake Grade School District 114 School District. Nearby schools include Lotus School, Stanton School and Grant Community High School. 37486 North Terrace Lane is a 3-bed, 2-bath, 1,272 sqft single family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lakes Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/02/2026 04:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.