Live the lakefront lifestyle while your property helps pay for it. Wake up every morning to panoramic views of Pistakee Lake, enjoy coffee on your waterfront patio, spend the afternoon boating or fishing from your own shoreline, and end the evening around the fire overlooking the water. At 163 Eagle Point Road, this lifestyle comes with a unique financial advantage-a separate income-producing residence that helps offset your mortgage. Offering 50 feet of direct frontage on beautiful Pistakee Lake, this extensively renovated property features a spacious 4-bedroom owner's residence and a separate 2-bedroom income-producing residence. Renovated throughout in 2024-2025, the home showcases updated kitchens, bathrooms, flooring, paint, mechanical systems, and central air conditioning. The separate 2-bedroom residence is currently rented for $1,395 per month, providing $16,740 in annual rental income, while the 4-bedroom waterfront residence is vacant and available for immediate owner occupancy. The property features a 2-car garage, ample additional parking, and a large yard with plenty of space for all your outdoor toys and activities. Whether you enjoy boating, fishing, entertaining family and friends, or simply relaxing by the water, this property offers the perfect setting to enjoy everything lakefront living has to offer. Conveniently located near shopping, dining, commuter transportation, and local attractions, this property offers the rare combination of lakefront living, modern renovations, and built-in rental income. Whether you're looking for a full-time residence, a weekend retreat, or a home that helps pay for itself, opportunities like this on Pistakee Lake are rare. Don't miss your chance to own this beautifully renovated waterfront property and enjoy lakefront living at its finest.
Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2026 MRED LLC. All rights reserved.
Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Some listings have been excluded from this website.
/u.realgeeks.media/searchforhomesinchicago/eXp_Realty_-_Black-01.png)