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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 51 single family homes with an average list price of $299,060 and 8 condos/townhomes with an average list price of $153,263. The average annual property tax for Island Lake is $4,733.
Current Homes for Sale
Multi-UnitHomes 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. |
$325,750 |
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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 |
$166,000 |
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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. |
$130,000 |
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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 |
$336,000 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
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Mar 22, 2019 | 3504 Highland Dr. | 3 | 3.2 | 2,600 ft2 | 1 | 1938 | Island Lake Estates | $243,000 |
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Mar 18, 2019 | 1030 Wembley Dr. | 3 + 1* | 2 | 1,219 ft2 | 2 | 1990 | $170,000 | |
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Mar 15, 2019 | 214 Island Dr. | 2 | 2 | 1,992 ft2 | 1 | 1938 | $160,000 | |
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Mar 15, 2019 | 4011 Newport Dr. | 3 | 2.1 | 1,948 ft2 | 2 | 1993 | $210,000 | |
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Mar 15, 2019 | 3510 Woodland Cir. | 2 | 1 | 800 ft2 | 1 | 1949 | Highlands | $130,000 |
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Mar 15, 2019 | 1905 Sycamore Ln. | 4 | 2.2 | 2,856 ft2 | 4 | 2013 | Walnut Glen | $328,000 |
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Mar 8, 2019 | 830 Dartmouth Dr. | 3 | 2 | 1,225 ft2 | 2 | 1990 | Fox River Shores | $165,000 |
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Mar 8, 2019 | 4702 Vista Dr. | 3 | 1 | 1,219 ft2 | 2 | 1994 | Fox River Shores | $127,501 |
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Mar 7, 2019 | 747 Dartmouth Dr. | 3 | 1.1 | 1,219 ft2 | 2 | 1990 | Fox River Shores | $180,000 |
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Mar 1, 2019 | 509 Lauren Ln. | 2 | 2 | 1,021 ft2 | 2 | 1993 | Newbury Village | $130,000 |
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 February rose in volume by 42.9% when compared to last year, while the median sale price decreased by 16.3% from $170,000 to $142,250. The number of Single Family homes sales stayed the same, while the median sale price decreased by 3.7% from $176,500 to $169,950. Condo/townhome sales rose by 300%, while the median sale price decreased by 13.8% from $163,000 to $140,500.
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111
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137
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138
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149
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
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$155,000
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$162,000
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$169,500
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$164,900
|
| 2015 | 2016 | 2017 | 2018 |
| 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 February in
| February | Year to Date (Jan 1 - March 24) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 7 | 10 | +42.9% | 19 | 24 | +26.3% |
| (Single Family) | 6 | 6 | 0% | 13 | 19 | +46.2% |
| (Condos/Townhomes) | 1 | 4 | +300% | 6 | 5 | -16.7% |
| Median Sale Price | $170,000 | $142,250 | -16.3% | $165,000 | $162,500 | -1.5% |
| (Single Family) | $176,500 | $169,950 | -3.7% | $175,000 | $177,500 | +1.4% |
| (Condos/Townhomes) | $163,000 | $140,500 | -13.8% | $110,000 | $139,000 | +26.4% |
| Days on Market | 83 | 13 | -84.3% | 59 | 17 | -71.2% |
| (Single Family) | 90 | 28 | -69.4% | 64 | 24 | -62.5% |
| (Condos/Townhomes) | 7 | 4 | -50% | 23 | 4 | -82.6% |
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 |
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