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Key Facts

1Beds

2Baths

1,003Sq Ft

1923Year Built

$185,000

Active88 days on marketListed February 13, 2026

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Description

Escape to your own private waterfront paradise on Cedar Island, nestled on beautiful Pistakee Lake and part of the renowned Chain O'Lakes. Accessible only by boat, this unique property offers unmatched peace, privacy, and breathtaking panoramic views from sunrise to sunset. Step inside and instantly embrace the charm of true "Lake Life." The cozy open-concept living and dining areas are perfect for gathering, while inviting bedrooms capture refreshing lake breezes. A charming fireplace adds warmth and character, making the cottage just as enjoyable on cool evenings as it is during sunny summer days. Relax on the front lawn or unwind in the screened-in porch with your morning coffee, evening cocktails, or lazy afternoons watching boats and skiers glide across the water. With direct lake access, a private pier, and plenty of room for swimming, fishing, and kayaking, this property was designed for endless summer fun. Enjoy bonfires by the shoreline, star-filled nights, and unforgettable memories with loved ones. Whether you're looking for a peaceful weekend escape or the ultimate lakefront lifestyle on the Chain O'Lakes, this island cottage delivers.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1923

Living Area

1,003 sq ft

Lot Dimensions

16900

Ownership

Fee Simple

Days on Market

MLS® Listing#

12568274

Property Features

Cooling

Window Unit(s)

Heating

Electric

Fireplace

Family Room

Basement

None

Construction

Vinyl Siding

Sewer

Septic Tank

Water Source

Well

Rooms

Bedroom 2
Bedroom 3
Bedroom 4
Dining Room17X10Main
Family Room17X10Main
Kitchen17X10Main
Laundry5X5Main
Living Room17X10Main
Master Bedroom9X17Second

Schools

Elementary:: Big Hollow Elementary School
High:: Grant Community High School
District:: Grant Community High School

Financial Details

Annual Taxes

$2,298

Tax year 2024

Parcel Number

05161010110000

Directions

Northeast side of Cedar Island on Pistakee Lake

Affordability Calculator

Home Price

Down Payment

$37,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$985/mo

Principal $148,000 · Est. interest $206,473 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Fox Lake, IL

$430,000
Median Listing Price: 30
Median Days on Market: 2,039
Median Sq Ft: $214
Median Price / Sq Ft: 433
Active Listings

This home’s price is 57% below the area median.
Its price per sq ft is 14% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Fox Lake, IL.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
5301 West Lane, Mccullom Lake, IL	$135,000	1	1	520
269 Forestview Drive, Crystal Lake, IL	$145,900	2	2	—
80 Cathryn Street, Fox Lake, IL	$149,900	2	1	1,000
21702 W Edgewood Avenue, Lake Villa, IL	$155,000	2	1	868
38740 N Anderle Avenue, Lake Villa, IL	$160,000	2	1	1,100
1424 Pine Grove Avenue, Round Lake Beach, IL	$164,900	3	1	—

Moving Cost Estimate

Listing Courtesy: HomeSmart Connect LLC - 8474955000

Based on information submitted to the MLS GRID as of 2026-02-13. 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.

Last Updated: 2026-02-13