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1551 Pier Drive , IL 61019 Land - Farm Active

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Description

Lakefront Lot in Lake Summerset. Almost 1/2 acre with improved shoreline and terrific south facing sightlines across the broadest expanse of the lake. Easy access to the exits and located in the Durand School district. Just a slight slope down to the water from the road. Extra wide at 110' to allow for most any home configuration. You never have to build on the land but you are able to put a dock on the shore. The private community of Lake Summerset is legendary for its excellent fishing, featuring trophy muskies and huge bass. We offer two pristine beaches, fine water skiing, tubing, and the opportunity to raft up pontoons and float the day away in the bays. Our 24/7 manned, guarded entry gate ensures security. The area also includes attractive and affordable private campgrounds, forty parks (twelve of them are waterfront), two marinas, and a seasonal outdoor pool. The homes and grounds are well-maintained, and the community enjoys high-quality drinking water, underground utilities for a dark sky community, and friendly neighbors who are happy to be here. Conveniently located just 90 minutes from O'Hare Airport and 55 minutes from the state capital in Madison, Lake Summerset is an ideal place to live and relax or just get away for the weekend.

Property Highlights

Property Type: Land - Farm
Total Acres: 0.47 Acres

General Information

County: Winnebago
Listed By:
Morgan Realty, Inc.
Rockford Board of Realtors
$198,500
Est. $1,315/mo
New to the Market Active
LOT SIZE 0.470 acres MLS#202601348
STATUSActive PROPERTY TYPELand - Farm SCHOOLDurand 322

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1551 Pier Drive, Lake Summerset, IL 61019.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $198,500$198,500$198,500
Down Payment $39,700$6,948$49,625
Monthly Mortgage Amount $939$1,137$1,207
Taxes $276$276$276
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$87$0
Monthly Estimated Total $1,315$1,600$1,583

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