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Island Lake, Illinois, Real Estate
Island Lake currently has 61 single family homes with an average list price of $272,841 and 11 condos/townhomes with an average list price of $145,036. The average annual property tax for Island Lake is $4,682.
Current Homes for Sale
Multi-UnitHomes 0 no homes |
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| 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 |
| Wauconda Elementary School | 118 | Elementary | K-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. |
$317,000 |
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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 |
$160,000 |
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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. |
$68,000 |
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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 |
$290,000 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
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Oct 12, 2018 | 309 Woodbine Ave. | 3 | 1.1 | 1,040 ft2 | 0 | 1978 | $163,000 | |
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Oct 12, 2018 | 209 Hillside Dr. | 2 | 2 | 1,232 ft2 | 2 | 1938 | Island Lake Estates | $155,000 |
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Oct 10, 2018 | 670 Nantucket Way | 3 | 1.1 | 1,297 ft2 | 1 | 1987 | Nantucket Village | $138,500 |
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Oct 10, 2018 | 523 Newbury Dr. | 3 | 1.1 | 1,313 ft2 | 2 | 1993 | Newbury Village | $145,000 |
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Oct 5, 2018 | 912 Victoria Dr. | 3 | 1 | 1,090 ft2 | 2.5 | 1992 | $182,500 | |
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Oct 5, 2018 | 3419 Eastway Dr. | 3 | 1 | 1,576 ft2 | 2.5 | 1947 | Island Lake Estates | $199,000 |
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Oct 1, 2018 | 1037 Revere Ln. | 3 | 1 | 1,090 ft2 | 1 | 1988 | $160,000 | |
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Oct 1, 2018 | 309 Fern Dr. | 4 | 2 | 1,027 ft2 | 1 | 1952 | Island Lake Estates | $112,000 |
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Sep 28, 2018 | 3022 Max Ct. | 3 | 2 | 1,268 ft2 | 2 | 1993 | Newbury Village | $139,000 |
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Sep 28, 2018 | 887 W. Princeton Cir. | 2 | 2.1 | 1,492 ft2 | 1 | 1991 | Westridge | $136,000 |
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 September rose in volume by 84.6% when compared to last year, while the median sale price rose by 13% from $135,000 to $152,500. The number of Single Family homes sales rose by 71.4%, while the median sale price decreased by 1.2% from $193,500 to $191,250. Condo/townhome sales rose by 100%, while the median sale price rose by 8.1% from $129,500 to $140,000.
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124
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112
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137
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141
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| 2014 | 2015 | 2016 | 2017 |
| # of sales per year | |||
|
$125,750
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$155,500
|
$162,000
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$165,000
|
| 2014 | 2015 | 2016 | 2017 |
| 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 September in
| September | Year to Date (Jan 1 - October 15) | |||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | % Change | 2017 | 2018 | % Change | |
| Homes Sold | 13 | 24 | +84.6% | 78 | 125 | +60.3% |
| (Single Family) | 7 | 12 | +71.4% | 61 | 82 | +34.4% |
| (Condos/Townhomes) | 6 | 12 | +100% | 17 | 43 | +152.9% |
| Median Sale Price | $135,000 | $152,500 | +13% | $172,250 | $165,000 | -4.2% |
| (Single Family) | $193,500 | $191,250 | -1.2% | $194,000 | $187,500 | -3.4% |
| (Condos/Townhomes) | $129,500 | $140,000 | +8.1% | $124,900 | $135,000 | +8.1% |
| Days on Market | 24 | 25 | +4.2% | 16 | 17 | +9.7% |
| (Single Family) | 24 | 30 | +22.9% | 19 | 22 | +13.2% |
| (Condos/Townhomes) | 21 | 21 | 0% | 10 | 10 | 0% |
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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