Accepting Backups

5525 LAKE Drive

Lisle, IL 60532
$199,900
2beds
2baths
1,100sqft
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Anything from "is it priced right?" to "what's the catch?"

About this home

This first-floor 2-bedroom, 1.1-bath condo is owned by the Four Lakes Condo 1 Homeowners Association and is being sold as-is, with cash offers preferred, making it a great opportunity for investors, rehabbers, or buyers ready to create their dream space. The price reflects the improvements needed. The standout feature of this unit is the incredible lake view-truly one of the best in the community. From your private balcony, enjoy beautiful west-facing sunset views overlooking the lake, ski hill, and volleyball courts. The first-floor location, spacious layout, and serene waterfront setting make this unit an exceptional opportunity in Four Lakes. The condo is in original condition and ready for renovation, allowing the next owner to update and customize the space to their taste while taking advantage of the unbeatable view and location. Washer dryer hook up w self-contained bubble system for venting (seller has never installed w/d unknown if it's functionable). Beyond the unit itself, you'll love everything Four Lakes has to offer. Enjoy resort-style living with swimming pools, tennis and pickleball courts, a ski hill, sand volleyball courts, a bar and restaurant, scenic walking and jogging trails, a frisbee golf course, an on-site convenience store, and a gym with low and flexible memberships. With so much to offer, the hardest part about living at Four Lakes is deciding what to do next!
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential
Year built1980
Fireplaces1
Lot size
SubdivisionFour Lakes
Annual tax$5,134
CountyDuPage
MLS #MRD12585329
Days on market42

Schools

ElementaryGoodrich Elementary School
Middle / JuniorThomas Jefferson Junior High Sch

Features

Heating
Natural GasForced Air
Cooling
Central Air
Parking
AsphaltAssignedYes
Construction
Brick
Lot features
Common GroundsLandscapedWooded
Sewer
Public Sewer
Listed by
Torg Realty Inc
Mary DeLaLeurs

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/17/2026, 12:49:02 AM. All data should be independently verified.

This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.

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