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.
Welcome to this delightful 3-bedroom, 2-bath ranch home with endless possibilities! As you enter, you'll be greeted by an inviting open-concept layout that fills the home with natural light and offers plenty of room for both relaxation and entertaining. The spacious living area flows effortlessly into a formal dining area with easy access to the attached kitchen. This set up works great for casual dining or entertaining larger groups. Step outside onto the private deck, where you'll find yourself surrounded by tranquil forest views, an idyllic setting for morning coffee, evening barbecues, or simply unwinding after a long day. The serene backdrop provides a sense of privacy and connection to nature that's hard to find. Retreat to the primary suite, your own private oasis, featuring a large ensuite bathroom with double sinks, a built in vanity, and a soaking tub/shower. The two additional bedrooms are generously sized on the opposite side of the home from the primary bedroom. This set up offers the most flexibility for guest rooms, a home office, or additional living space. Other highlights include an attached two car garage for added convenience and an unfinished basement that presents endless opportunities for customization. Whether you envision a home gym, media room, or extra storage space, this space has room for all ideas. Don't miss your chance to make this wonderful house your new home. Schedule a tour today and experience all it has to offer!
Waterfront living on Island Lake itself! Rare opportunity to own a lakefront home with direct access to Island Lake, complete with a private pier, small beach, and breathtaking water views. Situated on a generously sized lot with a spacious side yard, this home features comfortable living space designed for both everyday living and entertaining. Step inside to an open-concept layout featuring hardwood flooring throughout the kitchen, dining room, and living room. The main level includes a conveniently located full bathroom near the laundry room. A thoughtfully designed addition expands the living space and features luxury vinyl plank flooring along with an additional half bath. Wake up to stunning lake views from the primary bedroom, which boasts its own private balcony overlooking the water. Outdoor living is exceptional with a beautiful wrap-around deck at ground level, providing the perfect setting for relaxing, entertaining guests, or enjoying peaceful sunsets over the lake. Additional highlights include power-washed siding (June 2026), a driveway with space for up to five vehicles, and unparalleled waterfront amenities that make every day feel like a vacation. Enjoy the best of lakefront living with private shoreline access, your own pier, and spectacular views right from your backyard. This is a unique opportunity to own a true waterfront retreat on Island Lake.
Cute as a Button and an END UNIT location. NEW LVP flooring throughout the first floor. Vaulted living room has 2 skylights. Kitchen includes breakfast bar, pantry and eating area with sliders leading to private patio. Cozy family room off of kitchen for extra living space. UPDATED first floor full bath with new quartz vanity, flooring and tub. Primary bedroom includes his/her closets and access to bath. Generous size secondary bedroom and loft area perfect for home office complete the second level. Other outstanding features include ALL NEW MECHANICALS - furnace - water heater - A/C in 2025 ~ white doors and trim ~ fenced yard ~ NEW attic insulation in 2026 ~ Dishwasher 2019 ~ Washer 2020 ~ Dryer 2023. Investor Friendly!
Your Private Oasis Awaits: Nearly an Acre of Tranquility & Charm! Welcome to this charming property nestled in a highly sought-after neighborhood, perfectly balancing community living with private, outdoor tranquility. Situated on an expansive .95-acre lot, this home offers a park-like setting with plenty of room for recreation, all while maintaining close proximity to the beautiful Fox River, local parks, and the community garden. The home reflects pride of ownership throughout and a bright, inviting family room accented by skylights that flood the space with natural light. The loft can easily be converted into a 4th bedroom. The partially finished basement provides flexible additional living space, highlighted by a convenient walkout sliding patio door that offers seamless access to the backyard. Hobbyists will appreciate the garage, which comes fully equipped with a high-end slat wall organization system for expert storage. Outdoor living is a true highlight; enjoy your deck with the added benefit of privacy provided by mature trees lining either side of the property. Mechanically, the home is move-in ready with a recently serviced HVAC system and well maintained mechanicals. Centrally located near village amenities and the bustling Chain O'Lakes recreation area, this home offers an unbeatable lifestyle!
Great opportunity to own this well cared for end unit ranch with full finished English basement backing to nature preserve. Fully finished basement includes huge recreation room, large bar area and a full bath with space to configure a third bedroom. First floor laundry for convenience. Primary suite has full bath boasting oversized shower and double vanity plus generous walk-in closet. Versatile second bedroom has built-in shelving so could make a great den. Sliders from dining area to deck which overlooks the nature preserve.
**must sell quickly, moving out of state** Discover the perfect blend of modern design and everyday functionality in this gorgeous, move-in-ready home in the highly desirable Walnut Glen neighborhood. Beautifully landscaped, this stunning property features 4 spacious bedrooms, 2.5 bathrooms, high-end finishes, and thoughtful upgrades throughout. The main level welcomes you with an expansive open-concept layout highlighted by luxury flooring and abundant natural light. Work from home seamlessly in the versatile main-level flex room, ideal for a quiet home office or dedicated learning space. The upscale gourmet kitchen features quartz countertops, a custom tile backsplash, and high-end stainless steel appliances. Host gatherings in the elegant formal dining room, complete with a designer light fixture. Relax in the oversized family room, perfect for daily living. A large, highly functional mudroom with built-in shelving keeps daily life organized. Upstairs, a massive central loft offers endless possibilities as a second family room, playroom, or tech space. The primary bedroom serves as a private retreat, featuring an expansive bedroom, two separate walk-in closets, and a spa-like en-suite bath. Additional secondary bedrooms are generously sized and feature oversized walk-in closets, sharing easy access to the highly desired second-floor laundry room equipped with a utility sink. The basement provides massive storage capacity and stands ready to be finished into your dream home gym, theater, or recreation room. Roughed in plumbing in the basement sets you up to easily add another restroom to complement any basement remodel. Step outside to enjoy your outdoor oasis with poured concrete patio, offering ample room for daily relaxation or outdoor entertaining. Enjoy complete peace of mind with transferable 5-year and 10-year builder warranties.
Welcome home to the Fordham 2 model in the highly sought-after Walnut Glen neighborhood! Tucked away on a quiet, low-traffic dead-end street and situated within the desirable Wauconda District 118 school boundaries, this home offers the perfect blend of premium location/lot, style, and setting. A striking Craftsman-style elevation sets the stage for exceptional curb appeal. Inside, this spacious two-story residence boasts a bright, airy main level with hardwood floors throughout and expansive living spaces flooded with natural light. As you enter, you are greeted by stunning views of the water. A separate dining room provides the perfect elegant setting for large gatherings and entertaining. The chef's kitchen is a true standout, featuring sleek quartz countertops, stainless steel appliances, a large island, an eat-in breakfast area, and a spacious pantry offering exceptional storage. Slide open the glass doors to step out onto your newly added patio-the ultimate outdoor extension for relaxing, grilling, or just soaking in the tranquil, serene pond views. It's an absolute dream for nature lovers seeking peace and privacy! Upstairs, the large primary suite is a private retreat, complete with elegant tray ceilings, a large walk-in closet, and a luxurious, upgraded bath featuring double sinks, a soaking tub, and a separate shower. The fully finished lookout basement adds incredible square footage to this already expansive home. Featuring a large den and a full bathroom, it is ideal for guests or an in-law arrangement. You'll also find ample storage space left over, perfect for a home gym, recreation, or a children's playroom. Wrapping it all up is a three-car tandem attached garage, offering plenty of room for vehicles and hobby storage. Move-in ready and just waiting for your personal touch-come make this waterfront oasis your own!
Open House:
Saturday, 6/20 1:00-3:00PM
Immerse yourself in breathtaking natural surroundings and enjoy the 'good life' afforded with serene lakeside living. This spacious home, brimming with natural light and offering over 2,000 square feet, is a perfect setup for year-round living, includes water views from every room in the home, and features updates aplenty throughout. On the main level you'll enjoy a welcoming living room with mantled gas fireplace, an island kitchen with extended top, a breakfast area, a full bath, and a fully-equipped laundry room. The upper level features new LVP flooring and fresh paint, three spacious bedrooms including a primary bedroom with sitting room, abundant closet space including a huge walk-in, an impressive luxury-styled bath, an office space, and a generously-sized vaulted family room literally surrounded with gorgeous lake views from both ends and includes a convenient walkout cantilevered terrace. Below everything is a dry crawl that's accessed via a hatch (located in the pantry) that offers additional space for longer-term storage needs. The backyard is quaint, includes a deck ideal for enjoying the morning sunrise, summer barbecues, or peaceful sunsets with your favorite beverage as the day turns to the calmness of the night. And let's not forget your very own pier too that's perfect for casting your line, taking a refreshing dip, or launching your small craft/kayak (trolling motor only,10hp limit). Additionally you'll welcome the spacious two car garage as well as a bonus exterior, side spot for that third vehicle. Updates include new carpeted stairs (2026), LVP flooring (both levels, 2026), bathrooms (2023), paint (full interior, 2026), deck staining (2026), and roof (2023). Located close to parks, shopping, restaurants, pubs, hiking trails (Moraine Hills State Park), and so much more, this home is a "hidden gem" and ideal for a stress-free, year-round vacation-like lifestyle.
Live where you work-or step into an incredible opportunity to own a fully operational (and profitable) business, residential home, and commercial property all in one. Situated on nearly 5 private acres in unincorporated McHenry County, this well-established dog kennel operation offers 5,827 square feet of kennel space with 56 indoor/outdoor runs, including suite-style accommodations-with plenty of room to grow. The setup includes a welcoming reception area, dedicated feline boarding room, grooming spaces, laundry, and ample storage. There's also an additional outbuilding with 16 indoor/outdoor runs, opening the door for expansion or your own creative use. With the land and layout, there's potential to scale up to 100 runs. For the human side of things, the property features a beautifully updated ranch home-ideal for an onsite owner/operator or manager. The home offers an open floor plan with granite countertops, stainless steel appliances, updated bathrooms, and a newer roof (2018). This is more than just a property-it's a lifestyle opportunity for someone who loves animals and wants to own a business with room to grow, all while enjoying the privacy and flexibility of rural acreage. All financials given after signed NDA. Also huge upside potential for increased revenue on top of already profitable business!
Welcome to Walnut Glen in Island Lake-where comfort, style, and location come together effortlessly. This impeccably maintained, like-new home sits on a premium corner lot with standout curb appeal. Inside, the open-concept main level is designed for today's lifestyle, featuring a gourmet kitchen with granite countertops, abundant cabinetry, and a large breakfast bar island that flows seamlessly into the dining area and inviting family room. Wood floors, new carpet, and fresh neutral paint create a warm, cohesive feel throughout, while a flexible main-level space is perfect for a home office or additional living area. Upstairs offers three spacious bedrooms, including a primary suite with a spa-inspired bath, dual vanities, soaking tub, separate shower, and a generous walk-in closet, plus the convenience of second-floor laundry room. The unfinished basement provides a true blank canvas-ready for your custom vision, whether it's added living space, a home gym, or recreation area-with excellent storage potential. Enjoy the fully fenced backyard and stamped concrete patio, perfect for relaxing or entertaining, along with an oversized two-car garage with lifetime warrantied epoxy flooring for added storage and flexibility. Ideally located near McHenry, Wauconda, and the scenic Fox Riverwalk, this home offers convenience with a peaceful neighborhood feel-move right in and enjoy.
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