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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 63 single family homes with an average list price of $283,689 and 10 condos/townhomes with an average list price of $146,690. The average annual property tax for Island Lake is $4,769.
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. |
$356,500 |
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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 |
$170,000 |
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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. |
$167,500 |
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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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Jun 17, 2019 | 3403 Kettle Ct. | 5 | 4 | 5,237 ft2 | 3 | 2005 | Pine Ridge | $360,000 |
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Jun 14, 2019 | 902 Wembley Dr. | 5 | 1.1 | 1,896 ft2 | 2 | 1990 | Fox River Shores | $225,300 |
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Jun 13, 2019 | 110 Janet Dr. | 2 | 1 | 1,206 ft2 | 0 | 1938 | $165,000 | |
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Jun 12, 2019 | 412 Briar Rd. | 1 | 1 | 816 ft2 | 2 | 1948 | Island Lake Highlands | $105,000 |
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Jun 11, 2019 | 1012 Revere Ln. | 3 | 2 | 2,119 ft2 | 2 | 1987 | Fox River Shores | $185,000 |
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Jun 7, 2019 | 3420 Southport Dr. | 3 | 1.1 | 1,313 ft2 | 1 | 1989 | Southport Village | $143,000 |
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Jun 4, 2019 | 147 Fen View Cir. | 4 + 1* | 3.1 | 2,655 ft2 | 2 | 2015 | Prairie Woods | $290,000 |
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Jun 4, 2019 | 4359 Shooting Star Dr. | 2 | 2 | 1,590 ft2 | 1 | 2001 | Waters Edge | $145,500 |
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May 31, 2019 | 205 Fairfield Dr. | 3 | 1.1 | 1,056 ft2 | 1.5 | 1982 | Island Lake Estates | $159,900 |
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May 30, 2019 | 5219 S. Elm St. | 4 | 2 | 2,100 ft2 | 2 | 1979 | $182,000 |
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 May rose in volume by 23.5% when compared to last year, while the median sale price decreased by 1.1% from $182,000 to $180,000. The number of Single Family homes sales rose by 6.7%, while the median sale price rose by 11.7% from $188,000 to $210,000. Condo/townhome sales rose by 150%, while the median sale price rose by 4.8% from $133,500 to $139,900.
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109
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136
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135
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147
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
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$155,000
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$161,500
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$171,000
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$164,000
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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 May in
| May | Year to Date (Jan 1 - June 17) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 17 | 21 | +23.5% | 56 | 70 | +25% |
| (Single Family) | 15 | 16 | +6.7% | 41 | 53 | +29.3% |
| (Condos/Townhomes) | 2 | 5 | +150% | 15 | 17 | +13.3% |
| Median Sale Price | $182,000 | $180,000 | -1.1% | $172,500 | $172,500 | 0% |
| (Single Family) | $188,000 | $210,000 | +11.7% | $188,000 | $183,500 | -2.4% |
| (Condos/Townhomes) | $133,500 | $139,900 | +4.8% | $120,000 | $142,000 | +18.3% |
| Days on Market | 14 | 13 | -7.1% | 20 | 21 | +7.7% |
| (Single Family) | 16 | 28 | +75% | 29 | 31 | +6.9% |
| (Condos/Townhomes) | 7 | 3 | -57.1% | 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 |
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