The median home value in Island Lake, IL is $205,000.
This is
lower than
the county median home value of $253,000.
The national median home value is $308,980.
The average price of homes sold in Island Lake, IL is $205,000.
Approximately 83% of Island Lake homes are owned,
compared to 12% rented, while
5% are vacant.
Island Lake real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Island Lake real estate agent to arrange a tour today!
Learn more about Island Lake.
Excellent location, Well developed area, close to Mc Donald. Surrounding neighborhood houses are at 170k to 190k. Electric access is right at the door. Open land ready to build new house. surrounded houses have well and septic tank system. Water well is on the land.
This is a rarely available Island Lake Front lot offering 249 feet of lake frontage on 3 lots! (All 3 under 1 PIN number and 1 tax bill on .69 acres) Picture yourself in the waterfront home of your dreams on picturesque Island Lake! There is time to build now to be on the water for all the boating and swimming fun next summer! Property tax bill will be considerably lower because the house that was on it has been removed. Flat lot but walk out basement could be an easy option as prior home had one. Buyer to do their own due diligence and be responsible for soil, permits, perc tests etc....You can subdivide but village will not allow home to be built separately on third lot as there is not allowable street space for a driveway. Public water and sewer, concrete seawall. Close to park, public access, shopping and route 12. Hurry this waterfront opportunity won't last long!!
Redevelopment site on hard corner in Island Lake. Could be a great property for redevelopment for StarBucks or a drive through location. Island Lake is very supportive of a redevelopment site. Located on heavily traveled 176 and Beech St with a stop light. 17,300 VPD. Good demographics! Village is very eager to see something new come to Island Lake. Bring your ideas! Building will need to be demoed and under ground tanks will need to be removed. This property can get assistance with a super fund for tank removal. Call LA for more details. Phase I and II have been completed on the property. BANK SAYS BRING AN OFFER!
1+ Acre Vacant Commercial Corner lot. Dual access From Route 176. Location adjoins a Large Strip Mall. Other neighbors include a Gas Station, Bank, Daycare Center, McDonalds, a 2nd Strip Center and Walgreens. Great Location with Great Development Potential. Priced far below Assessed Value.
5.09 Acres currently in McHenry County, zoned Office/Research/Industrial (ORI) in Island Lake. Possible self-storage use. City water and sewer nearby. 400' of frontage. Only $1.80 psf. Topo survey and clean Phase I Environmental on file.
Lovely level country lot is perfect for your new construction dream home. Enjoy the wooded open outdoors that's just moments from major highways, shopping, post office, schools and parks. Lake/Beach Rights to Slocum Lake! Homesite has been cleared and cared for. Home Next Door Sold For 290,000! Buyer to do their own due-dilegence. Seller will provide current survey.
Build your Dream Home! 1/2 ACRE +/- Vacant Lot For Sale. Walking distance to Shopping, Bank, Converse Park & Post Office. Near 2 Lakes. ***Owner Financing Available*** Feel Free to Walk it - Property Stretches from Converse Road to Beech Street.
Highly visible and accessible +/- 7.5 acres located at the NE corner of Route 176 and Westridge Drive. Great location at signalized intersection with excellent visibility, access and traffic counts. Ideal for retail, fast food, convenience, or other uses. Mostly level site. Utilities to site.
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