302 Channel Drive Island Lake, IL $ 310,000
302 Channel Drive
$ 310,000
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302 Channel Drive

Island Lake, IL, 60042
$ 310,000
Bedrooms3 Baths2.1 Sq 1,172

Monthly Estimate*

$ 1,909

302 Channel Drive, Island Lake, IL 60042 - Image 1
302 Channel Drive, Island Lake, IL 60042 - Image 2
302 Channel Drive, Island Lake, IL 60042 - Image 3
302 Channel Drive, Island Lake, IL 60042 - Image 4
302 Channel Drive, Island Lake, IL 60042 - Image 5
302 Channel Drive, Island Lake, IL 60042 - Image 6
302 Channel Drive, Island Lake, IL 60042 - Image 7

Single Family Home for sale in Island Lake, IL

for $310,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,172 square foot home was built in 1976 on a lot size of 0.2.

charming, and spacious raised ranch. Nestled directly on the Island Lake channel, this home is perfect for those looking for a mix of nature and suburban paradise. Featuring 3 bedrooms and 2 1/2 bathrooms, you'll find newer laminate, newer carpet, and an open concept kitchen with dark cherrywood cabinets and plenty of space for storage. The main living area includes kitchen/dining room, living room, main bathroom, primary bedroom with en-suite full bath, spare bedroom, and additional room for either a third bedroom, office, or recreation space. The sliding door leads to a raised back deck overlooking the water, perfect for grilling, a hot tub, or just hanging out. The downstairs area features plenty of space for an additional living room, home gym, or play space. You'll also find a laundry room closet, half bath, and walk out to a concrete patio. The large garage also leads into the downstairs area, and has room for two vehicles with additional space for shelving and storage. there is a shed on the property with room to store a lawnmower, kayak or canoe, swing set, or additional tools. Ask about the lawnmower, snow blower, or other equipment and tools that be included. Furniture is also negotiable as owners are significantly downsizing. While the home has already undergone some improvements, there's still plenty of opportunity to make additional renovations with your own custom taste. Please note (common question) that the boat shoot and channel are a part of private Island Lake only, and do not connect to Chain of Lakes. Boats permitted are manual canoe/kayak or trolling motor fishing boats. There are several private beaches with swingsets in the neighborhood as well. Inquire today about this beautiful property - it won't last long!

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Single Family Active

Price

$ 310,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 6,024

Style

Lot Size

0.2

Year Built

1976

Town/City

Island Lake

County/Region

Lake

MLS | Web ID

12553519

Features
General
Living Area 1172
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Oven
Garage Spaces 2
Association Fee Includes None
Construction Materials Frame Stucco Wood Siding
Year Built 1976
Township Wauconda
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 6
Full Baths 2
Status New
Directions 302 Channel Drive. Front door faces Channel but garage is off of Eastway (main neighborhood road).
High School Wauconda Comm High School
City Island Lake
High School District 118
MLS Area Island Lake
Elementary School Wauconda Elementary School
Tax Annual Amount 6024
Middle/Junior High School Wauconda Middle School
Standard Status Active
Middle/Junior School District 118
Elementary School District 118
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Interior
Interior Amenities Vaulted Ceiling(s)
Basement Partially Finished Partial
Half Baths 1
Total Bedrooms 3
Room Type No additional rooms
Total Baths 3
Bedrooms Possible 3
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Exterior
Parking Features Asphalt Garage Door Opener Yes Garage Owned Attached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Dimensions 90.6x90.6
Lot Size Acres 0.2
Waterfront Y/N Y
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* Excluded Features
List By
Listwithfreedom.Com

Broker

Htorn@listwithfreedom.com

Email

Affordability Calculator

$2,411
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,909
Monthly Property Taxes
$502
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564688 Elementary School
565914 Middle School
Wauconda Comm High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2026$310,000 Listed Price

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302 Channel Drive, Island Lake, IL, 60042 is a Single Family Home for sale at $310,000 with 1,172 sqft and a lot size of 0.2. 302 Channel Drive has 3 bedrooms, 2.1 baths, and was built in 1976. The property's zip code is 60042 which is in Island Lake, IL