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Lake View Waterfront Home Site
For Sale
$30,000

25-43 Old Mill, Lake Carroll, IL 61046

LAND, LAKE CARROLL, IL

Property SizeContact for details
Lot Size1.97 Acres
Days on Market309

Property Features for 25-43 Old Mill

General Information

Property type Land
Property subtype Other
Lot features Water View
Elementary school Eastland
Middle school Eastland
High school Eastland
Elementary school district Eastland
Middle school district Eastland
High school district Eastland
Subdivision Carroll County
Standard status Active
APN 010506225043
Lot size 1.97 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 43 SEC 25 HOMEWOOD HILL LAKE CARROLL
Tax Annual Amount 292
HOA Fee $2,765 Annually
Legal Description LOT 43 SEC 25 HOMEWOOD HILL LAKE CARROLL

Utilities

Water source Well
Listing Agency: Fawn Ridge Real Estate Co.
Listed By: THOMAS MILLER · License #475114082
Added: Oct 17, 2025 Changed: Aug 19 Last Checked: Aug 21 at 4:06PM
MLS# 202506459

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This nearly 2-acre parcel is an open, buildable home site at Lake Carroll. The lot is described as backing up to a greenway and offering lake views. Property documentation indicates the site has been tested and is expected to perc for a conventional septic system, subject to the associated report.

The property is located in Lake Carroll, a private, year-round recreational community. The community amenities noted include a 640-acre lake, an 18-hole golf course, a clubhouse, an indoor/outdoor pool complex, a ski hill, and trail systems for snowmobiles and ATVs, along with an equestrian area.

For buyers planning a custom residence, this lot provides a buildable setting with lake views and a conventional septic path supported by the provided testing. Prospective buyers should review the associated septic documentation and confirm all details including lot size, any applicable zoning, and site-specific requirements prior to purchase. All property sales are subject to an LCA transfer fee.

Key Highlights

  • Great Location on Main Street
  • Turn Key Operations
  • All Units Fully Renovated

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

Demographics for 61046, IL

2,998
Population
1,916
Households
1.6
Avg Household Size
50
Median Age
25%
College-Educated
96%
High-School Grad
84.0 sq mi
ZIP Area
36
Density / Sq Mi
$88,833
Median Household Income
$45,755
Median Earnings
$703
Median Rent
$147,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Nearly 2-acre buildable parcel with lake views and a tested perc for a conventional septic system.
Where is this residential land & home lot located?
The property is located at 25-43 Old Mill Lake Carroll, IL.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Great Location on Main Street; Turn Key Operations; All Units Fully Renovated
More about this property
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