Single-Family
Condos &
Lots /
Short
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Island Lake, Illinois, Real Estate
Island Lake currently has 33 single family homes with an average list price of $323,776 and 3 condos/townhomes with an average list price of $147,300. The average annual property tax for Island Lake is $4,847.
Current Homes for Sale
Multi-UnitHomes 0 no homes |
Foreclosuresfor Sale 0 no homes |
NewConstruction 0 no homes |
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Chauncey H Duker School | 15 | Elementary | 4-5 |
| Cotton Creek School | 118 | Elementary | P-5 |
| Edgebrook Elementary School | 15 | Elementary | P-3 |
| Hilltop Elementary School | 15 | Elementary | K-3 |
| Robert Crown Elementary School | 118 | Elementary | P-5 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Island Lake, i.e. what's hot and what's not.
See What's Hot & What's Not in Island LakeSubdivisions
| Subdivisions | Median Price | |
|---|---|---|
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Boulevard Park Located in Island Lake, Boulevard Park is off of Palm St. West of Maple. |
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Campbell Woods Campbell Woods is a single family home neighborhood located in Island Lake, Illinois. Campbell Woods is off of Burr Oak Lane and Carriage Hill. |
$364,500 |
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Fox River Shores Fox River Shores is a townhome and single family neighborhood built in the 1990s. Fox River Shores is located in Island Lake, Illinois. Fox River Shores features homes with floor plans ranging from 1,370 to 1,950 square feet of living space. Fox River Shores is off of west Route 176 and Waterford. Read more |
$179,000 |
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Highlands Highlands is a single family home neighborhood located in Island Lake, Illinois. Highlands are on Woodland Circle north of Honeysuckle. |
$193,000 |
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Highwood Lake Estates Highwood Lake Estates is a single family home neighborhood built in the 1990s. Highwood Lake Estates is located in Island Lake, Illinois on Tulip Circle south of W. Dowell Road and east of River Road. Read more |
$345,000 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
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May 26, 2020 | 314 Arbor Rd. | 3 | 1.1 | 1,300 ft2 | 1 | 1954 | Island Lake Estates | $179,900 |
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May 15, 2020 | 27909 N. Converse Rd. | 2 | 1 | 915 ft2 | 1 | $140,000 | ||
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May 15, 2020 | 112 Timber Ln. | 3 | 3 | 1,800 ft2 | 2 | 1985 | $215,000 | |
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May 15, 2020 | 320 Newbury Dr. | 3 | 1.1 | 1,313 ft2 | 2 | 1993 | Newbury Village | $145,000 |
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May 14, 2020 | 3274 Medford Ct. | 3 | 1 | 1,145 ft2 | 2 | 1985 | Fox River Shores | $207,500 |
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May 6, 2020 | 304 Channel Dr. | 3 | 2 | 1,800 ft2 | 2 | 1971 | Island Lake Highlands | $173,000 |
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May 6, 2020 | 3704 Linden Dr. | 2 | 2 | 1,268 ft2 | 1 | 1990 | Southport Village | $142,500 |
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Apr 30, 2020 | 27543 N. Leyte Ct. | 3 + 1* | 2 | 1,404 ft2 | 2 | 1959 | Mylith Park | $221,000 |
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Apr 30, 2020 | 621 Nantucket Way | 3 | 2 | 1,275 ft2 | 1 | 1987 | Nantucket Village | $144,900 |
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Apr 25, 2020 | 924 Victoria Dr. | 3 | 2 | 1,274 ft2 | 2 | 1993 | Fox River Shores | $184,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Island Lake home sales for the month of April rose in volume by 88.9% when compared to last year, while the median sale price rose by 17.3% from $159,000 to $186,500. The number of Single Family homes sales rose by 116.7%, while the median sale price rose by 22.7% from $158,900 to $195,000. Condo/townhome sales rose by 33.3%, while the median sale price decreased by 14.3% from $159,000 to $136,200.
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129
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130
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142
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157
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| 2016 | 2017 | 2018 | 2019 |
| # of sales per year | |||
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$162,000
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$169,500
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$164,500
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$180,000
|
| 2016 | 2017 | 2018 | 2019 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for April in
| April | Year to Date (Jan 1 - May 28) | |||||
|---|---|---|---|---|---|---|
| 2019 | 2020 | % Change | 2019 | 2020 | % Change | |
| Homes Sold | 9 | 17 | +88.9% | 58 | 60 | +3.4% |
| (Single Family) | 6 | 13 | +116.7% | 44 | 41 | -6.8% |
| (Condos/Townhomes) | 3 | 4 | +33.3% | 14 | 19 | +35.7% |
| Median Sale Price | $159,000 | $186,500 | +17.3% | $176,000 | $178,700 | +1.5% |
| (Single Family) | $158,900 | $195,000 | +22.7% | $184,250 | $199,500 | +8.3% |
| (Condos/Townhomes) | $159,000 | $136,200 | -14.3% | $139,950 | $137,000 | -2.1% |
| Days on Market | 49 | 11 | -77.6% | 22 | 14 | -36.4% |
| (Single Family) | 58 | 10 | -82.8% | 32 | 19 | -39.7% |
| (Condos/Townhomes) | 49 | 14 | -72.4% | 11 | 10 | -9.1% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
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Channel Park W. Burnett Road |
Field Picnic Area Playground Shelter |
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Converse Park 28532 Illinois Route 176 |
Biking Paths Hiking Paths Outdoor Pavilion Picnic Area Playground Sled Hill Soccer Fields Softball Fields Volleyball |
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Cotton Creek Marsh Nature Preserve |
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Dorothy Beach Dorothy Court |
Beach Picnic Area Playground |
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Eastway Park Eastway Drive |
Boating Fishing Picnic Area |
Neither RE/MAX nor HomesByMarco nor its service providers are liable for errors or inaccuracies in the information provided.
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