Single-Family
Condos &
Lots /
Short
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 26 single family homes with an average list price of $291,269 and 5 condos/townhomes with an average list price of $134,920. The average annual property tax for Island Lake is $4,935.
Current Homes for Sale
Multi-UnitHomes 0 no homes |
Foreclosuresfor Sale 0 no homes |
NewConstruction 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. |
$372,500 |
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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 |
$180,000 |
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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. |
$193,000 |
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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 |
$345,000 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
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Oct 30, 2020 | 630 Yale Ln. | 1 | 1 | 701 ft2 | 1 | 1986 | $102,000 | |
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Oct 28, 2020 | 103 Fern Ct. | 2 | 1 | 878 ft2 | 0 | 1938 | Island Lake Estates | $110,000 |
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Oct 27, 2020 | 4111 Hale Ln. | 3 | 2 | 1,274 ft2 | 2 | 1992 | Fox River Shores | $219,900 |
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Oct 22, 2020 | 838 S. Constitution Ave. | 3 | 2.1 | 1,492 ft2 | 1 | 1991 | Westridge | $163,500 |
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Oct 20, 2020 | 3210 Hyacinth Ter. | 4 | 2 | — | 2 | Island Lake Estates | $182,000 | |
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Oct 16, 2020 | 3826 Hale Ln. | 3 | 1.1 | 1,478 ft2 | 2 | 1992 | Fox River Shores | $234,900 |
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Oct 16, 2020 | 3335 York Ln. | 3 | 1.1 | 1,297 ft2 | 1 | 1990 | Fox River Shores | $155,000 |
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Oct 13, 2020 | 3509 Burr Oak Ln. | 3 | 2.1 | 3,079 ft2 | 3.5 | 2009 | Campbell Woods | $420,000 |
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Oct 9, 2020 | 4722 Southhampton Dr. | 3 | 1 | 1,219 ft2 | 2 | 1995 | Fox River Shores | $210,000 |
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Oct 5, 2020 | 264 Red Oak Ct. | 4 | 2.1 | 4,020 ft2 | 3 | 2007 | Prairie Woods | $484,000 |
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 October decreased in volume by 33.3% when compared to last year, while the median sale price rose by 49.8% from $142,500 to $213,500. The number of Single Family homes sales rose by 12.5%, while the median sale price rose by 17.3% from $187,438 to $219,900. Condo/townhome sales decreased by 70%, while the median sale price rose by 23% from $126,000 to $155,000.
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129
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128
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137
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154
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| 2016 | 2017 | 2018 | 2019 |
| # of sales per year | |||
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$162,000
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$169,500
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$163,000
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$180,000
|
| 2016 | 2017 | 2018 | 2019 |
| 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 October in
| October | Year to Date (Jan 1 - October 31) | |||||
|---|---|---|---|---|---|---|
| 2019 | 2020 | % Change | 2019 | 2020 | % Change | |
| Homes Sold | 18 | 12 | -33.3% | 96 | 132 | +37.5% |
| (Single Family) | 8 | 9 | +12.5% | 74 | 97 | +31.1% |
| (Condos/Townhomes) | 10 | 3 | -70% | 22 | 35 | +59.1% |
| Median Sale Price | $142,500 | $213,500 | +49.8% | $182,500 | $195,500 | +7.1% |
| (Single Family) | $187,438 | $219,900 | +17.3% | $200,000 | $212,650 | +6.3% |
| (Condos/Townhomes) | $126,000 | $155,000 | +23% | $139,950 | $142,900 | +2.1% |
| Days on Market | 14 | 8 | -44.4% | 12 | 15 | +26.1% |
| (Single Family) | 12 | 9 | -25% | 14 | 19 | +40.7% |
| (Condos/Townhomes) | 18 | 5 | -72.2% | 7 | 9 | +28.6% |
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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