Island Lake, IL, Real Estate

Island Lake currently has 18 single family homes for sale with an average list price of $306,633.33, 1 condo for sale with a list price of $258,000, and 2 lots for sale with an average list price of $42,500. The average annual property tax for Island Lake is $5,374.08.

Current Homes for Sale

Schools

School District Level Grades
Chauncey H Duker School McHenry School District 15 Elementary 4-5
Cotton Creek School Wauconda Community Unit School District 118 Elementary P-5
Edgebrook Elementary School McHenry School District 15 Elementary P-3
Hilltop Elementary School McHenry School District 15 Elementary K-3
Matthews Middle School Wauconda Community Unit School District 118 Elementary 6-8
McHenry High School-East Campus McHenry High School District 156 Elementary 9-12
McHenry Middle School McHenry School District 15 Elementary 6-8
Robert Crown Elementary School Wauconda Community Unit School District 118 Elementary P-5
Wauconda Elementary School Wauconda Community Unit School District 118 Elementary K-5
Wauconda Middle School Wauconda Community Unit School District 118 Elementary 6-8
Waukegan High School Waukegan Community Unit School District 60 Elementary 9-12
Chauncey H Duker School McHenry School District 15 Middle 4-5
Cotton Creek School Wauconda Community Unit School District 118 Middle P-5
Edgebrook Elementary School McHenry School District 15 Middle P-3
Hilltop Elementary School McHenry School District 15 Middle K-3
Matthews Middle School Wauconda Community Unit School District 118 Middle 6-8
McHenry High School-East Campus McHenry High School District 156 Middle 9-12
McHenry Middle School McHenry School District 15 Middle 6-8
Robert Crown Elementary School Wauconda Community Unit School District 118 Middle P-5
Wauconda Community High School Wauconda Community Unit School District 118 Middle 9-12
Wauconda Elementary School Wauconda Community Unit School District 118 Middle K-5
Wauconda Middle School Wauconda Community Unit School District 118 Middle 6-8
Waukegan High School Waukegan Community Unit School District 60 Middle 9-12
Chauncey H Duker School McHenry School District 15 High 4-5
Cotton Creek School Wauconda Community Unit School District 118 High P-5
Matthews Middle School Wauconda Community Unit School District 118 High 6-8
McHenry High School-East Campus McHenry High School District 156 High 9-12
McHenry High School-West Campus McHenry High School District 156 High 9-12
McHenry Middle School McHenry School District 15 High 6-8
Robert Crown Elementary School Wauconda Community Unit School District 118 High P-5
Wauconda Community High School Wauconda Community Unit School District 118 High 9-12
Wauconda Elementary School Wauconda Community Unit School District 118 High K-5
Wauconda Middle School Wauconda Community Unit School District 118 High 6-8
Waukegan High School Waukegan Community Unit School District 60 High 9-12
Show all 34 schools

Schools

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Absorption Report

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 Lake

Recent Sales

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Subdivisions

Subdivisions Median Price
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Boulevard Park

Boulevard Park is a subdivision in Island Lake, Illinois. It currently has no homes for sale. Located in Island Lake, Boulevard Park is off of Palm St. West of Maple. ... Read more
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Campbell Woods

Campbell Woods is a single-family home community in Island Lake, Illinois, built in 1999. It currently has no homes for sale. The homes range in size from 1,972 ft2 to 2,824 ft2. The average annual property tax for Campbell Woods is $8,668.29. It is located in Lake county. Campbell Woods is a single family home neighborhood located in Island Lake, Illinois. Campbell Woods is off of Burr Oak Lane and Carriage Hill. ... Read more
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Fox River Shores

Fox River Shores is a single-family home community in Island Lake, Illinois, built between 1985 and 1997. It currently has 3 single family homes for sale with an average list price of $279,633.33 and 1 lot for sale with a list price of $37,000. The homes range in size from 1,274 ft2 to 2,998 ft2. The average annual property tax for Fox River Shores is $5,836.21. It is located in McHenry county. 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
Median Price: $286,000
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Highlands

Highlands is a single-family home community in Island Lake, Illinois, built in 1984. It currently has no homes for sale. The homes have an average size of 1,900 ft2. The average annual property tax for Highlands is $5,191.36. It is located in Lake county. Highlands is a single family home neighborhood located in Island Lake, Illinois. Highlands are on Woodland Circle north of Honeysuckle. ... Read more
Highwood Lake Estates

Highwood Lake Estates

Highwood Lake Estates is a single-family home community in Island Lake, Illinois, built between 1992 and 1995. It currently has no homes for sale. The homes range in size from 2,109 ft2 to 3,510 ft2. The average annual property tax for Highwood Lake Estates is $10,806.03. It is located in McHenry county. 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
Median Price: $545,000
Show all 19 Subdivisions

Subdivisions

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Market Trends

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Nearby Parks

Channel Park

W. Burnett Road
Field Picnic Area Playground Shelter

Converse Park

28532 Illinois Route 176
Biking Paths Hiking Paths Outdoor Pavilion Picnic Area Playground Sled Hill Soccer Fields Softball Fields Volleyball

Dorothy Beach

Dorothy Court
Beach Picnic Area Playground

Eastway Park

Eastway Drive
Boating Fishing Picnic Area

Fish Park

Wimbledon Drive
Picnic Area Playground

Foxwood Park

Concord Drive and Revere Lane
Field Picnic Area Playground

Maple Ridge Park

Waterford Way
Field Picnic Area Playground

Stephen J. Grek Park

Cedar Terrace & Burnett Road
Field Picnic Area Playground Shelter

Veterans Park

316 Island Drive
Beach Biking Paths Hiking Paths Picnic Area Playground Shelter Trails

Village Hall Park

3720 Greenleaf Ave.
Baseball Diamonds Basketball Courts Field Parking Picnic Areas Playground Shelter Softball Fields

Vista Park

Vista Drive
Basketball Courts Field Picnic Area Playground

Water Tower Park

Route 176
Field Soccer Fields
Show all 13 parks

Nearby Parks

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Real Estate News

Homes Just Sold in Island Lake: April 8th to April 14th

Homes Just Sold in Island Lake: April 8th to April 14th - April 15, 2025

Island Lake had only 1 sale during the week of Tuesday, April 8 to Monday, April 14, including and it was a single family home for sale with a list ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Island Lake: April 5th to April 11th

New Homes with Master Bedrooms on the 1st Floor in Island Lake: April 5th to April 11th - April 12, 2025

Island Lake had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, April 5 to Friday, April 11, including 2 ... continue reading
New Homes For Sale This Week in Island Lake: April 4th to April 10th

New Homes For Sale This Week in Island Lake: April 4th to April 10th - April 11, 2025

Island Lake had 5 new homes for sale during the week of Friday, April 4 to Thursday, April 10, including including 5 single family homes for sale with an average ... continue reading
Homes Just Sold in Island Lake: April 1st to April 7th

Homes Just Sold in Island Lake: April 1st to April 7th - April 8, 2025

Island Lake had only 1 sale during the week of Tuesday, April 1 to Monday, April 7, including and it was a single family home for sale with a list ... continue reading
New Homes For Sale This Week in Island Lake: March 28th to April 3rd

New Homes For Sale This Week in Island Lake: March 28th to April 3rd - April 4, 2025

Island Lake had 2 new homes for sale during the week of Friday, March 28 to Thursday, April 3, including including 2 single family homes for sale with an average ... continue reading
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Real Estate News

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