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 Waters Edge with an average of $252,900. All the Island Lake condo buildings are listed below with links to view the homes for sale in the buildings.

Waters Edge
$252,900
Newbury Village
$254,500

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 1 condo for sale with a list price of $260,000. 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 $3,732.69. It is located in McHenry County.
Median Price: 254,500

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 1 townhouse for sale with a list price of $289,900. The homes range in size from 1,306 ft2 to 2,545 ft2. The HOA fees range from $266 to $290 per month. The average annual property tax for Waters Edge is $4,583.72. It is located in Lake County.
Median Price: 252,900
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