217 Channel Drive
Island Lake, IL, 60042 $ 379,999
Bedrooms2 Baths1.1 Sq 1,010 Monthly Estimate*
$ 2,340
for $379,999 with 2 bedrooms and 1 full bath, 1 half bath. This 1,010 square foot home was built in 1938 on a lot size of 0.06.
217 Channel Dr, Island Lake - Stunning waterfront home with breathtaking views, soaring vaulted ceilings, skylights with retractable shades, and expansive windows that fill the home with natural light while perfectly framing the peaceful setting. The open-concept layout was designed for both everyday living and entertaining, creating a warm and inviting atmosphere throughout the home. The beautifully updated gourmet kitchen features an induction cooktop, convection oven, butcher block countertops, stainless steel appliances, and oversized peninsula seating for high-performance cooking and effortless entertaining. The light-filled living room offers a sleek modern fireplace, dimmable recessed lighting, and incredible water views that make the entire space feel calm and connected to nature. The primary suite feels like a private retreat with its own balcony overlooking the water, in-room laundry, and a spa-inspired bathroom featuring heated floors, towel warmer, rainfall shower, and a 6-foot soaking tub. The first-floor bedroom includes a custom built-in bed and flexible space perfect for guests, office, or creative studio use. Enjoy peaceful outdoor living with multiple spaces designed for relaxing, entertaining, kayaking, or simply taking in the tranquil surroundings. Rehabbed in 2021, the home includes updated siding, roof, gutters, plumbing, conduit, electrical wiring, 200-amp service, high-efficiency condensing furnace, water heater, and A/C. The downstairs bath is also plumbed for a future shower.
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FeaturesGeneralLiving Area 1010
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1938
Township Wauconda
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 5
Full Baths 1
Status New
Directions From the center of Island Lake head north on IL-176 then turn right onto Channel Dr. Follow Channel Dr to 217-your lakeside home will be on the left.
High School Wauconda Comm High School
City Island Lake
High School District 118
MLS Area Island Lake
Elementary School Cotton Creek Elementary School
Tax Annual Amount 3720
Middle/Junior High School Matthews Middle School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 118
Elementary School District 118
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InteriorBasement Crawl Space
Total Fireplaces 1
Half Baths 1
Total Bedrooms 2
Room Type Balcony/Porch/Lanai
Total Baths 2
Bedrooms Possible 2
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ExteriorParking Features Yes Owned
Water Source Public
Total Parking 4
Lot Dimensions 2614
Lot Size Acres 0.06
Waterfront Y/N Y
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* Excluded FeaturesList Bydiana@komarrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,340
- Monthly Property Taxes
- $310
- 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.
Learn more about how to save NearbySingle family listings in Island Lake, IL
Average List Price $453,182
Percent of Sale Price 19%
About Island Lake, IL 7,905 Population
0% Since 2002
$ 71,475 Median Income
39.68 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
567860 Elementary School
566168 Middle School
Wauconda Comm High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/14/2026 | $379,999 | | Listed Price |