Recently Listed Open House 8/1 11am - 1pm
301 Channel Drive
Island Lake, IL, 60042 $ 349,000
Bedrooms3 Baths2.0 Sq 1,986 Monthly Estimate*
$ 2,204
for $349,000 with 3 bedrooms and 2 full baths. This 1,986 square foot home was built in 1972 on a lot size of 0.17.
Welcome home to this bright and inviting ranch nestled on a spacious corner lot with a large fenced backyard-your own private retreat! Whether you're hosting friends or enjoying a quiet evening, you'll love the low-maintenance composite deck and extended concrete patio, perfect for chillin', grillin', and making memories. Step inside to an inviting, open-concept living. The kitchen is designed for everyday living, featuring abundant cabinetry, stainless steel appliances, and a wraparound breakfast bar with seating for casual meals and conversation. The patio door opens directly to the deck, while elegant French doors lead to the patio and oversized two-car garage, creating a seamless indoor-outdoor lifestyle. The spacious primary bedroom offers a relaxing retreat with two closets, while a second bedroom and full bath complete the main level. Downstairs, the finished basement expands your living space with a comfortable family room, a third bedroom with an egress window, a second full bathroom, and a generously sized laundry room with abundant storage-perfect for guests, a home office, or hobbies. The oversized two-car garage provides ample room for vehicles, tools, and toys. Best of all, you'll enjoy Island Lake rights, offering boating, fishing, and a neighborhood beach just a short walk away-making every day feel a little like vacation. This home has been lovingly maintained and thoughtfully updated with improvements including siding, attic insulation, fencing, an extended concrete patio, a basement egress window, French and Patio doors, gutters-house and garage, new primary bedroom windows, 2 new sumps with one battery backup, and ejector pump. Even better, a brand-new roof will be installed before closing, providing added value and peace of mind for the new owner. Move right in and start enjoying comfortable living, a spacious backyard, and the Island Lake lifestyle. Don't miss your opportunity to make this move-in-ready home your own!
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Open House
8/1/2026 11:00 AM - 1:00 PM
8/2/2026 1:00 PM - 3:00 PM
301 Channel Drive Island Lake, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 1986
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Stainless Steel Appliance(s) Gas Oven
HOA Fee 0
Garage Spaces 2.5
Association Fee Includes None
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1972
Township Wauconda
Tax Year 2025
Ownership Fee Simple
Community Features Park Water Rights Street Paved
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 7
Full Baths 2
Status New
Directions Rt 176 to Eastway Dr. North to Channel - corner of Eastway & Channel
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 5520
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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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath
Basement Finished Egress Window Concrete Rec/Family Area Storage Space Full
Flooring Hardwood Wood Carpet
Half Baths 0
Laundry Features Gas Dryer Hookup In Unit
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 3
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ExteriorParking Features Asphalt Garage Door Opener Yes Garage Owned Detached Owned Garage
Lot Features Corner Lot Water Rights Mature Trees
Water Source Public
Total Parking 4.5
Foundation Details Concrete Perimeter
Lot Dimensions 48 X 120 X 62 X 128
Lot Size Acres 0.17
Waterfront Y/N N
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* Excluded FeaturesList ByHome Sweet Home Ryan RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,204
- Monthly Property Taxes
- $460
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $441,269
Percent of Sale Price 26%
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 |
|---|
| 7/29/2026 | $349,000 | | Listed Price |