Sold
Last Sold Price
2 beds856 sqft

37498 N Terrace Ln, Spring Grove, IL 60081

Single FamilyProperty Type
0.09 acresLot Size
1935Year Built
$216/sq ftPrice per sq ft
5 carsParking Spaces

Description

Bring your boat and be ready for summer fun on the Chain O' Lakes! This charming cottage is a great waterfront getaway place on the wide and deep Nippersink Creek. "Big Ticket" improvements were recently done such as all New Windows 2020, New Roof 2019, New Water Heater 2020, New Steel Seawall and Permanent Pier 2012. The seller has even paid for lawn care and Fall clean up for 2021 season. After a day on the boat you can relax on the waterfront patio or in the 4 Season Room with beautiful water...Bring your boat and be ready for summer fun on the Chain O' Lakes! This charming cottage is a great waterfront getaway place on the wide and deep Nippersink Creek. "Big Ticket" improvements were recently done such as all New Windows 2020, New Roof 2019, New Water Heater 2020, New Steel Seawall and Permanent Pier 2012. The seller has even paid for lawn care and Fall clean up for 2021 season. After a day on the boat you can relax on the waterfront patio or in the 4 Season Room with beautiful water views. The long driveway can accommodate 5 cars so come and enjoy carefree life on the lake!

    Sold By d'aprile properties

    • Listed by: Peggy Seiling 815.236.6579 peg@lakesrealtygroup.com • Lakes Realty Group
    Listing closed: 04/30/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11026903
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    Recent comparable sales

    Median sold price

    $195,000

    Avg days on market

    56

    Sale-to-list ratio

    99.5%

    Spring Grove, IL

    9 comparable properties found

    a view of a house with backyard and trees
    1/21
    1

    $180,000

    Sold 05/16/25

    2
    Bedrooms
    784
    Square Feet
    0.13
    Acres
    a front view of a house with garden
    1/18
    2

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    Sold 09/30/25

    2
    Bedrooms
    768
    Square Feet
    0.25
    Acres
    $160,000 | 37696 North Lake Vista Terrace, Spring Grove, IL 60081
    1/20
    3

    $160,000

    Sold 02/18/25

    2
    Bedrooms
    750
    Square Feet
    0.14
    Acres
    $190,000 | 38163 North Lee Avenue, Spring Grove, IL 60081
    1/21
    4

    $190,000

    Sold 02/20/25

    2
    Bedrooms
    880
    Square Feet
    0.37
    Acres
    a front view of a house with a garden and yard
    1/22
    5

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    Sold 09/26/25

    2
    Bedrooms
    850
    Square Feet
    0.28
    Acres
    $215,000 | 37648 North Lake Vista Terrace, Spring Grove, IL 60081
    1/8
    6

    $215,000

    Sold 08/19/26

    2
    Bedrooms
    874
    Square Feet
    0.20
    Acres
    $220,000 | 38110 North Watts Avenue, Spring Grove, IL 60081
    1/19
    7

    $220,000

    Sold 11/21/24

    2
    Bedrooms
    836
    Square Feet
    0.12
    Acres
    a view of a house with a yard covered in snow
    1/28
    8

    $198,000

    Sold 04/11/25

    2
    Bedrooms
    950
    Square Feet
    0.22
    Acres
    $190,000 | 38515 North Forest Avenue, Spring Grove, IL 60081
    1/21
    9

    $190,000

    Sold 08/27/25

    2
    Bedrooms
    811
    Square Feet
    0.17
    Acres

    Location

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    $1,214 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $988

    Property Taxes

    $227

    HOA Dues

    $0

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    Property Information for 37498 North Terrace Lane

    Property Details

    • Taxes: $2,721 / year
    • MLS Type: Detached Single / 2 Stories
    • County: Lake County
    • Area: Spring Grove
    • Subdivision: Nippersink Terrace
    • Township: Grant
    • Ownership: Fee Simple
    • Num Of Cars: 5.0
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 1
    • Heat/Fuel: Natural Gas, Forced Air
    • Architectural Style: Cottage

    Building Information

    • Year Built: 1935
    • Lot Size: 0.09 AC / 4,094 SF

    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: Space/s
    • Parking On Site: true
    • Parking Ownership: Owned
    Taxes and HOA Information
    • Association Fee Frequency: Not Applicable
    • Association Fee Includes: None
    • Master Association Fee Frequency: Not Required

    Property Information

    Interior Features
    • Interior Property Features: Wood Laminate Floors
    • Num Of Rooms: 5
    • Bedrooms Total: 2
    • Bedrooms (Below Grade): 0
    • Community Features: Lake, Water Rights
    • Basement Type: None
    • Bedrooms Possible: 2
    • Air Conditioning: Central Air
    • Basement Description: Crawl
    • Basement Bathrooms: No
    • Fireplace Location: Family Room
    • Room Type: Heated Sun Room
    • Num of Baths: 1.0
    Exterior Features
    • Type: 2 Stories
    Utilities / Equipment
    • Sewer: Septic-Private
    • Water: Private Well
    • Appliances: Range, Microwave, Refrigerator
    • Other Equipment: Water-Softener Owned, Security System, CO Detectors, Ceiling Fan(s)
    Property/Lot Information
    • Exterior Property Features: Patio, Boat Slip, Storms/Screens
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 81-90 Years
    • Type Detached: 2 Stories
    • Total Sq Ft: 0
    • Aprox Total Finished Sq Ft: 0
    • Total Finished and Unfin Sq Ft: 0
    • Lot Description: Chain of Lakes Frontage, Channel Front, Water Rights, Water View
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 29X196X19X190
    • Other Structures: Shed(s)
    • Waterfront: Yes
    • Disability Access and/or Equipped: No
    • Exterior Building Type: Vinyl Siding
    • Roof Type: Asphalt
    • Foundation Details: Concrete Perimeter
    • General Information: School Bus Service,Commuter Train,Flood Zone
    • Living Area Source: Assessor
    • Assessor Square Footage: 856
    Property and Assessments
    • Public Document Count: 1
    • Document Date: 2021-03-20T12:44:44
    • Photos Count: 20
    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 Flooring: Carpet
    • Master Bedroom Dimensions: 14X13
    Bedroom #2 Information
    • 2nd Bedroom Level: Second
    • Room Type: Bedroom 2
    • 2nd Bedroom Flooring: Carpet
    • Bedroom #2 Room Dimensions: 13X13
    Family Room Information
    • Family Room Level: Main
    • RoomType_FR: Family Room
    • Family Room Flooring: Wood Laminate
    • Family Room Dimensions: 12X13
    Kitchen Information
    • Kitchen Level: Main
    • RoomType_KT: Kitchen
    • Kitchen Type: Eating Area-Table Space,Pantry-Closet
    • Kitchen Flooring: Other
    • Kitchen Dimensions: 11X13
    Living Room Information
    • Room Type: Living Room
    • Living Room Flooring: Wood Laminate
    Heated Sun Room Information
    • Room Level: Main
    • Room Type: Heated Sun Room
    • Dimensions: 11X7

    Property History for 37498 North Terrace Lane

    DateEvent & SourcePriceAppreciation
    Apr 30, 2021

    Sold

    MRED #11026903

    $185,000—
    Apr 23, 2021

    Sold (Public Record)

    Public Record #1464652636

    $185,000

    -0.1% / yr

    Mar 20, 2021

    Pending

    MRED #11026903

    —
    DateEvent & SourcePrice
    04/30/2021

    Sold

    MRED #11026903

    $185,000
    04/23/2021

    Sold (Public Record)

    Public Record #1464652636

    $185,000

    -0.1% / yr

    03/20/2021

    Pending

    MRED #11026903

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 37498 North Terrace Lane

    Taxable Value

    Land

    $9,656

    Additions

    $43,666
    Total$53,322

    Tax Record

    2024

    $3,681 ($307 / month)

    Home Facts

    Beds

    2

    Baths

    1

    Total Finished SqFt

    856 SqFt

    Above Grade Finished SqFt

    856 SqFt

    Stories

    2

    Lot Size

    4,073 SqFt

    Style

    Single Family Residence

    Year Built

    1935

    Year Renovated

    1949

    County

    LAKE

    APN

    05-04-302-002

    Schools near 37498 North Terrace Lane

    This home is within Fox Lake Grade School District 114 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 4
    Public - 5 to 8
    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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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 05/05/2021 10:44 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.