Island Lake, IL Homes for Sale & Real Estate

Island Lake is a charming village in Lake and McHenry counties, Illinois, known for its serene lakeside setting and small-town vibe. With a population of around 8,000, it offers a tight-knit community atmosphere while being just an hour northwest of Chicago. The village centers around its namesake lake, a 44-acre body of water perfect for fishing, boating, and kayaking, with scenic parks like Water Tower Park providing trails and picnic spots. Island Lake blends suburban tranquility with easy access to urban amenities, making it an ideal spot for families and nature lovers seeking a peaceful retreat in Illinois.

Location

County McHenry County

State Illinois

Zip Code 60042

Averages

Taxes $6,164

House $453,239

Townhouse $243,433

Condo $275,000

Homes for Sale

Island Lake currently has 18 single family homes for sale, 3 townhouses for sale, 1 condo for sale, and 2 lots for sale.

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Homes 18 for sale $219,900–$1,450,000

Condos 1 for sale $275,000

Townhouses 3 for sale $225,900–$269,900

Multi-unit 1 for sale $850,000

Lots/Land 2 for sale $29,900–$1,500,000

Manufactured 0 for sale

Short Sales 0 for sale

Foreclosures 0 for sale

New Construction 0 for sale

Schools

Island Lake, IL is served by McHenry School District 15 and Wauconda Community Unit School District 118. The area has 5 elementary schools, 3 middle schools, 1 high school school.

McHenry School District 15 Elementary, Middle

Elementary Chauncey H Duker School Grades 4-5 Edgebrook Elementary School Grades P-3

Middle McHenry Middle School Grades 6-8

Wauconda Community Unit School District 118 Elementary, Middle, High School

Elementary Robert Crown Elementary School Grades P-5 Cotton Creek School Grades P-5 Wauconda Elementary School Grades K-5

Middle Matthews Middle School Grades 6-8 Wauconda Middle School Grades 6-8

High School Wauconda Community High School Grades 9-12

Schools

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Subdivisions in Island Lake

Island Lake has 18 subdivisions offering single family homes and townhouses. Prices range from $234,500 to $1,500,000. Island Lake Estates currently has the most active listings with 4 homes for sale.

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Subdivisions in Island Lake

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Hottest

Island Lake Estates

4 active listings

Starter Homes