16322 Shangri La Lot 5 Road Oakwood, IL $ 190,000
16322 Shangri La Lot 5 Road
$ 190,000
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16322 Shangri La Lot 5 Road

Oakwood, IL, 61858
$ 190,000
Bedrooms3 Baths2.0 Sq 2,587

Monthly Estimate*

$ 1,185

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Single Family Home for sale in Oakwood, IL

for $190,000 with 3 bedrooms and 2 full baths. This home is 2,587 square feet.

Looking for lakeside living? Whether you've been considering a move year round or looking for that perfect 'get-away' spot, we've got you covered! We think you'll find the seclusion and tranquility you've been desiring on this 35.6 acre lake. This sprawling 3 BR/2 bath ranch with 2587 SF has it all, but the views are my personal favorite! Imagine waking up to all the change of seasons overlooking your own private dock/water front paradise. The house itself is full of natural light and with a LR, FR with a cozy fireplace for those snowy nights, AND a huge screened porch area, you'll be sure to find a quiet place to catch up with your favorite book or to host friends and family! In addition, the Shangri-La community gives you access to a private beach, pavilion and a stocked lake for fishing and boating. Roof was new in 2017, complete exterior was painted in 2024, all bedrooms have new flooring, new ceiling fans, new gutters with covers, new home intake water pump with a new water line that runs to the lake, new shower head and fashionable faucet in the kitchen. Reverse osmosis installed in 2020 for drinking water. Water softener is owned which is used for laundry and showers. A 1-car garage, a full size canoe with paddles, a new in 2024 state of the art water filtration system w/UV light filtration/multi 5 step mineral filtration/Culligan sanitization system, a hot tub, & a utility shed is also a part of this package deal with a nice garden area just over the hill with an additional utility shed. A brand new dishwasher in the box with a water line already ran is also included. This is truly a way to enjoy all the beauty nature has to offer without sacrificing amenities of everyday living. Call today for your private showing!

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Single Family Active

Price

$ 190,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,147

Style

Town/City

Oakwood

County/Region

Vermilion

MLS | Web ID

12451094

Features
General
Living Area 2587
Sewer Septic Tank
Heating Electric
Cooling Central Air
Possession Closing
HOA Fee 875
Garage Spaces 1
Association Fee Includes Clubhouse Lake Rights
Construction Materials Cedar
Township Oakwood
Tax Year 2023
Ownership Leasehold
Community Features Dock Water Rights Other
Assoc Fee Paid Per Annually
County Vermilion
New Construction N
Property Type Residential Detached Single
Total Rooms 9
Full Baths 2
Status Active
Directions Batestown Road to Shangri La Rd. After going down the hill and curving to the right it is the 3rd drive on the right. Turn right at the sign that says Shangri La . Go up the hill and turn to the lef
City Oakwood
High School District 76
MLS Area Oakwood
Tax Annual Amount 2147
Standard Status Active
Middle/Junior School District 76
Elementary School District 76
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Interior
Basement Crawl Space
Half Baths 0
Total Bedrooms 3
Room Type Den Sun Room Office
Total Baths 2
Bedrooms Possible 3
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Exterior
Parking Features On Site Garage Owned Detached Owned Garage
Total Parking 5
Lot Dimensions .50 acre
Waterfront Y/N Y
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* Excluded Features
List By
Clingan,Jim Auction&Realty,Inc

Broker

erin@jimclingan.com

Email

Affordability Calculator

$1,364
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,185
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1734164 Elementary School
1734163 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2025$190,000 -5.00% Price Down
9/24/2025$199,999 -9.09% Price Down
9/6/2025$220,000 -4.35% Price Down
8/22/2025$230,000 Listed Price

Map


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16322 Shangri La Lot 5 Road, Oakwood, IL, 61858 is a Single Family Home for sale at $190,000 with 2,587 sqft. 16322 Shangri La Lot 5 Road has 3 bedrooms and 2.0 baths. The property's zip code is 61858 which is in Oakwood, IL