For sale Home

Listed Sep 4, 2026

$119,900 Est. $793/mo

145 Cherokee Drive

  • 3

    Beds

  • 2

    Baths

  • 1,200

    Sq ft

The story

Lake of Egypt Investment Opportunity! Near Lake of Egypt, this spacious property offers just under an acre and an excellent opportunity for an income-generating investment or a personal lake retreat with rental potential. The 2022 home has remained consistently occupied by renters, with customers in line to rent, offering an attractive opportunity for someone looking for a property with established rental demand. Built in 2022, the home offers the benefit of newer construction and low-maintenance ownership, with the major components and finishes only about four years old. The home features a spacious primary bedroom with a walk-in closet and private full bathroom complete with double sinks and a soaking tub. Plenty of parking is available, and a Ring security system is included. The property is located in the Eagle Point area, where owners have the option to join the association for access to the boat ramp, beach area, and common areas. Beyond the lake, this central Southern Illinois location puts you within easy reach of the Shawnee National Forest, Tunnel Hill Trail, Garden of the Gods, Giant City Park, and the Shawnee Wine Trail. Enjoy endless opportunities for hiking, biking, fishing, hunting, horseback riding, winery visits, and more. The property would also make an excellent hunting cabin or weekend getaway. Located in the Goreville school district, this property offers an ideal combination of recreation, convenience, established rental, and low-maintenance ownership!

Facts & features

Home type

Home

Year built

2022

Lot size

1 acres

Price per sq ft

$100

Included features

  • Cooling

    Ceiling Fan(s), Central Air

  • Heating

    Electric, Forced Air

  • Appliances

    Dishwasher, Dryer, Range, Refrigerator, Washer

  • Roof

    Shingle

  • Lot Information

    Level, Sloped

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$793 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $638
  • Property tax $120
  • Insurance $35

Includes principal, interest, taxes & insurance.

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Listing Broker

REALTY 618 LLC

Broker Name

REALTY 618 LLC

Agent

Brittany R Grove