301 Channel Drive Island Lake, IL $ 349,000
301 Channel Drive
$ 349,000
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Open House 8/1 11am - 1pm
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301 Channel Drive

Island Lake, IL, 60042
$ 349,000
Bedrooms3 Baths2.0 Sq 1,986

Monthly Estimate*

$ 2,204

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Single Family Home for sale in Island Lake, IL

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

Single Family Active

Price

$ 349,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,520

Style

Ranch

Lot Size

0.17

Year Built

1972

Town/City

Island Lake

County/Region

Lake

MLS | Web ID

12717406

Features
General
Living 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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Interior
Interior 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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Exterior
Parking 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 Features
List By
Home Sweet Home Ryan Realty

Broker

dori@dorigordon.com

Email

Affordability Calculator

$2,664
Per Month
83%
17%
0%
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.
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Nearby
567860 Elementary School
566168 Middle School
Wauconda Comm High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$349,000 Listed Price

Map


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301 Channel Drive, Island Lake, IL, 60042 is a Single Family Home for sale at $349,000 with 1,986 sqft and a lot size of 0.17. 301 Channel Drive has 3 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 60042 which is in Island Lake, IL