Most Affordable Condo Communities in Island Lake, IL

We have calculated the most affordable condo buildings/communities in Island Lake based on the median sale prices of homes. The Island Lake condo buildings/communities with the lowest average home sale price was Newbury Village with an average of $205,000. All the Island Lake condo buildings are listed below with links to view the homes for sale in the buildings.

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Newbury Village
$205,000
Waters Edge
$252,900

Least Expensive Condos for Sale in Island Lake

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Condo Communities in Island Lake

Community Median Price

Newbury Village

Newbury Village is a townhouse community built in the 1990's. Newbury Village is located in Island Lake, Illinois south of Burnett Road east of River Road. Newbury Village is a townhouse and condo community in Island Lake, Illinois, built between 1991 and 1995. It currently has 2 townhouses for sale with an average list price of $259,949.50 and 1 condo for sale with a list price of $253,000. The homes range in size from 867 ft2 to 1,389 ft2. The HOA fees range from $60 to $75 per month. The average annual property tax for Newbury Village is $3,836.73. It is located in McHenry County.
Median Price: 205,000

Waters Edge

Waters Edge is a townhouse community built in the 1990's. Waters Edge is located in Island Lake, Illinois south of Route 176 and west of Darrell Road. Waters Edge is a townhouse and condo community in Island Lake, Illinois, built between 1999 and 2003. It currently has no homes for sale. The homes range in size from 1,306 ft2 to 2,720 ft2. The HOA fees range from $266 to $290 per month. The average annual property tax for Waters Edge is $4,574.07. It is located in Lake County.
Median Price: 252,900
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