Enjoy the opportunity to be part of the Shangri-La private lake and residential community in the Oakwood school district, where property owners have access to 120 acres of recreational amenities. The community features a 60-acre stocked lake and an additional 60 wooded acres designated for bow hunting. This 2-bedroom, 2-full-bath home is an affordable opportunity to enjoy lake living while having the freedom to create a space that fits your vision. The home features a primary suite with an en-suite bath, a spacious deck to enjoy the surroundings, and a private dock with direct lake access. Offering a blank slate with plenty of potential, this is a great opportunity to create a lake property that you can truly make your own! All information is deemed to be accurate, but not guaranteed.
Property Details
Price:
$49,900
MLS #:
6261706
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
Shangri La
Listed Date:
Oct 31, 2026
Total Sq Ft:
1,553
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1970
See this Listing
Schools
School District:
Oakwood Dist 76
Interior
Above Grade Finished Area
1553
Appliances
No Hot Water, Range Hood, Water Softener
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Forced Air
Interior Features
Attic, Bath In Primary Bedroom, Main Level Primary, Pantry
Laundry Features
Main Level
Levels
One
Exterior
Architectural Style
Ranch
Construction Materials
Vinyl Siding, Wood Siding
Exterior Features
Deck, Dock, Workshop
Garage Spaces
2
Lot Features
Wooded
Parking Features
Detached, Garage
Patio And Porch Features
Deck
Roof
Asphalt
Security Features
Smoke Detectors
Stories
1
View
Lake
Waterfront Features
Lake Privileges
Window Features
Replacement Windows
Financial
Tax Year
2025
Taxes
$2,957
Map
Community
- Address16322 Shangri La Road 14 Oakwood IL
- SubdivisionShangri La
- CityOakwood
- CountyVermilion
- Zip Code61858
Market Summary
Current real estate data for Single Family in Oakwood as of Nov 01, 2026
11
Single Family Listed
202
Avg DOM
$153,936
Avg List Price
Property Summary
- Located in the Shangri La subdivision, 16322 Shangri La Road 14 Oakwood IL is a Single Family for sale in Oakwood, IL, 61858. It is listed for $49,900 and features 2 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1970. The average listing price for Single Family in Oakwood is $153,936.
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