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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 34 single family homes with an average list price of $277,094 and 6 condos/townhomes with an average list price of $144,017. The average annual property tax for Island Lake is $4,716.
Current Homes for Sale
Multi-UnitHomes 0 no homes |
NewConstruction 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. |
$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 |
$165,000 |
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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. |
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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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Jan 18, 2019 | 3555 Plymouth Ln. | 3 | 1 | 1,090 ft2 | 2.5 | 1987 | Fox River Shores | $177,500 |
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Jan 1, 2019 | 1029 Wimbledon Dr. | 3 | 1.1 | 1,744 ft2 | 2 | 1989 | Fox River Shores | $129,675 |
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Dec 28, 2018 | 778 Brittany Ln. | 3 | 1.1 | 1,297 ft2 | 1 | 1991 | Nantucket Village | $117,000 |
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Dec 19, 2018 | 1052 Revere Ln. | 3 | 1.1 | 1,786 ft2 | 2 | 1987 | $219,500 | |
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Dec 14, 2018 | 3404 Greenleaf Ave. | 2 | 1.1 | 1,091 ft2 | 2.5 | 1943 | $147,000 | |
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Dec 14, 2018 | 3716 Linden Dr. | 3 | 1.1 | 1,297 ft2 | 1 | 1990 | $140,000 | |
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Dec 13, 2018 | 119 N. Circle Dr. | 4 | 3.1 | 2,580 ft2 | 2 | 2002 | Island Lake Estates | $220,000 |
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Dec 11, 2018 | 519 Tulip Cir. | 4 | 3.1 | 3,123 ft2 | 2 | 1992 | Highwood Lake Estates | $336,000 |
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Dec 3, 2018 | 819 N. Constitution Ave. | 3 | 2.1 | 1,492 ft2 | 1 | 1992 | Westridge | $158,000 |
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Nov 26, 2018 | 3401 Eastway Dr. | 2 | 1 | 832 ft2 | 0 | Island Lake Estates | $98,000 |
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 December decreased in volume by 46.2% when compared to last year, while the median sale price decreased by 1.3% from $160,000 to $158,000. The number of Single Family homes sales decreased by 50%, while the median sale price rose by 14.2% from $192,500 to $219,750. Condo/townhome sales decreased by 40%, while the median sale price rose by 8.6% from $128,950 to $140,000.
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112
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137
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138
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150
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
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$155,500
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$162,000
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$169,500
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$164,450
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| 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 December in
| December | Year to Date (Jan 1 - January 19) | |||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 13 | 7 | -46.2% | 1 | 2 | +100% |
| (Single Family) | 8 | 4 | -50% | 0 | 2 | - |
| (Condos/Townhomes) | 5 | 3 | -40% | 1 | 0 | - |
| Median Sale Price | $160,000 | $158,000 | -1.3% | $107,500 | $153,588 | +42.9% |
| (Single Family) | $192,500 | $219,750 | +14.2% | $0 | $153,588 | - |
| (Condos/Townhomes) | $128,950 | $140,000 | +8.6% | $107,500 | $0 | - |
| Days on Market | 17 | 39 | +129.4% | 39 | 59 | +51.3% |
| (Single Family) | 49 | 46 | -5.2% | 0 | 59 | - |
| (Condos/Townhomes) | 10 | 24 | +140% | 39 | 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 |
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