Recently Listed Adult Community 224 Big Peninsula Road
Elgin, IL, 60123 $ 20,000
Bedrooms2 Baths1.1 Monthly Estimate*
$ 126
for $20,000 with 2 bedrooms and 1 full bath, 1 half bath. This home was built in 1969.
PREMIUM WATERFRONT SETTING IN WILLOW LAKE ESTATES! Located along the channel with peaceful water views, this 2-bedroom, 1.5-bath home offers 1,152 square feet of convenient single-level living in one of the community's most sought-after locations. Enjoy a serene natural setting just outside your door, complete with frequent visits from local birds and wildlife. The interior features vaulted ceilings and an open-concept layout that gives the home a bright, spacious feel. The dining area connects effortlessly to the living room, creating a comfortable space for everyday living and entertaining. The primary bedroom also includes its own private half bath for added convenience. This property offers outstanding potential for a buyer ready to make updates, add personal touches, and build sweat equity. With its desirable location, attractive price, and strong upside potential, a little effort could create significant value. Willow Lake Estates provides an active 55+ lifestyle with a wide range of community amenities, including stocked fishing lakes, a clubhouse, heated outdoor pool, shuffleboard courts, horseshoe pits, walking areas, and nearby access to the Illinois Prairie Path across the Fox River. The home is conveniently positioned near the community beach and only a short distance from the clubhouse and pool. Enjoy low-maintenance living with lawn care and snow removal included in the lot rent, making this an excellent option for snowbirds, seasonal travelers, or anyone seeking a simpler homeownership experience without giving up an active lifestyle. The community is conveniently located near Advocate Sherman Hospital, I-90, shopping, dining, Downtown Elgin, and Grand Victoria Casino. O'Hare International Airport is approximately 35-40 minutes away. Premium location. Peaceful water views. Exceptional potential. This is a rare chance to own a home in one of Willow Lake Estates' most desirable waterfront settings and make it your own. Current market lot base rent is $1,437.28 per month.
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FeaturesInteriorInterior Amenities Vaulted Ceiling(s)
Total Fireplaces 0
Half Baths 1
Laundry Features In Unit
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 2
Bathroom Separate Shower
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ExteriorModel Wisconsin
Parking Features Concrete Assigned Side Apron Yes Other
Lot Features Channel Front
Water Source Community
Total Parking 3
Inclusions Mobile Home Storage Shed
Park Name Willow Lake Estate
Lot Dimensions 1 152
Waterfront Y/N Y
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GeneralSewer Public Sewer
Heating Baseboard
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Refrigerator Freezer Washer Dryer Oven Range Hood Gas Cooktop Gas Oven
Construction Materials Vinyl Siding
Year Built 1969
Township Elgin
Tax Year 2025
Ownership Fee Simple
Community Features Clubhouse Park Pool Tennis Court(s) Lake Water Rights Curbs Street Lights Street Paved
County Kane
New Construction N
Property Type Manufactured In Park Mobile Home
Total Rooms 5
Full Baths 1
Status New
Directions Rt 31 and W River Rd. Turn on W. River Rd to Willow Lake Rd E to Big Peninsula Rd
City Elgin
High School District 46
MLS Area Elgin
Land Lease Y/N N
Tax Annual Amount 141.4
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
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* Excluded FeaturesList ByKeller Williams Success RealtyBroker
nathanhess.re@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $126
- Monthly Property Taxes
- $12
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMobile listings in Elgin, IL
Average List Price $62,333
Percent of Sale Price 212%
About Elgin, IL 114,155 Population
21% Since 2002
$ 61,828 Median Income
35.71 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
567545 Elementary School
566729 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2026 | $20,000 | | Listed Price |