Closed

$300,000

224 Channel Drive, Island Lake, IL 60042
3 Beds2 Baths0 sqft5 days
224 Channel Drive·Island Lake, IL 60042
3Bedrooms
2Bathrooms
0Sq Ft
1946Year Built
About This Home

Welcome to 224 Channel Drive, a distinctive chalet-style home perfectly located on the channel to Island Lake, offering water views from both the front and back yards. This home is a rare find with its warm architectural charm, mature landscaping, and thoughtful updates throughout, such as the remodeled kitchen by KDA, and it has 2 fireplaces. Step into the vaulted-ceiling living room adorned with rich, solid mahogany wood paneling and a cozy wood-burning fireplace. An open loft above adds character and flexibility to the floor plan, leading to the private second-floor primary suite with its own closet and full bath. The loft area could also be converted to a possible bedroom, as it already has a cedar-lined closet. The beautifully updated kitchen features custom-built natural maple plywood cabinetry with under-cabinet lighting, a built-in Sub-Zero refrigerator with matching panel fronts, a full-sized freezer in the pantry/utility area, and a cleverly designed base cabinet with an appliance lift-ideal for mixers or food processors. All the appliances (electric range/oven, refrigerator, dishwasher & microwave) are included, even the washer and dryer. The dryer is currently a gas dryer, but there is an unused 220V line available if you choose to have an electric dryer someday. The pantry/utility area also accommodates a first-floor laundry with a stacked washer and dryer. The space is mostly wheelchair accessible and could be fully accessible with modifications. There is even a desk area and a built-in buffet-style cabinet. Enjoy the spacious beamed family room with a vent-free gas fireplace and a double-deep closet with dual clothes rods. Two additional bedrooms are located on the first floor, along with ceramic tile flooring throughout for ease of maintenance. All windows throughout this home have vertical blinds, mini blinds, draperies, or Roman shades for window coverings. This home offers extra living spaces, including a private indoor sauna, an attached 3-season room, and a dining area off the remodeled kitchen, making it even more perfect for entertaining. Outside, there is a concrete driveway and a partially fenced backyard (with a grandfathered-in fence along the water's edge) that opens to a deck on the channel edge and a cantilevered pier with boat cleats ideal for docking a pontoon or fishing boat. There is even a hookup for a gas grill, so you no longer need to worry about running out of gas right in the middle of BBQ'ing. The steel seawall (which was replaced in the late 90's) provides added protection and structure along the channel. Mature trees provide natural shade and privacy, and the climbing vines help keep the home cool in the summer months. Island Lake's 10-horsepower limit makes it an ideal location for peaceful activities such as boating, canoeing, kayaking, swimming, and fishing. With an amplified roof antenna and rotor offering reception to over 60 free TV channels, and all appliances included, this waterfront retreat is move-in ready and packed with a range of amenities. This home is sold "As Is".

MLS# 12436396Listed August 7, 2025ResidentialCottageSubdivision: Island Lake Estates
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms8

Size & Structure

Living Area0 sqft
Garage Spaces2
Fireplaces2
Year Built1946
Lot Size0.190 acres

Location

CountyLake
TownshipWauconda
SubdivisionIsland Lake Estates
Zip Code60042

Financial

List Price$300,000
Annual Taxes (2024)$5,750
Monthly Tax Est.$479
Parcel #09211100080000
Interior Features

Appliances

RangeMicrowaveDishwasherHigh End RefrigeratorFreezerWasherDryerElectric Oven

Flooring

LaminateCarpet

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Main LevelGas Dryer HookupElectric Dryer HookupIn UnitLaundry ClosetSink

Fireplace

Wood BurningAttached Fireplace Doors/ScreenGas LogGas StarterIncludes Accessories

Accessibility

Two or More Access ExitsEntry Slope less than 1 footMain Level EntryWheelchair AccessibleWheelchair AdaptableAccessible BedroomAccessible Central Living AreaAccessible ClosetsAccessible Common AreaAccessible Entrance
Exterior & Lot

Construction

Aluminum SidingBlock

Roof

Asphalt

Exterior Features

Outdoor GrillDock

Patio & Porch

Deck

Lot Features

Channel FrontLandscapedWater RightsMature TreesLevel
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers100 Amp Service

Parking

ConcreteGarage Door OpenerOn SiteGarage OwnedAttachedDetachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

ParkLakeWater RightsStreet LightsStreet Paved
Schools
Elementary
Cotton Creek Elementary School
District: 118
Middle School
Matthews Middle School
District: 118
High School
Wauconda Comm High School
District: 118
Tax & Financial
Annual Taxes
$5,750
Tax Year 2024
Monthly Tax Est.
$479
per month
Property Location

224 Channel Drive, Island Lake, IL 60042 — Lake County

$300,000
224 Channel Drive
3 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
2-car garage
2 fireplaces
0.190 acres
$5,750/yr taxes
$0 HOA (not applicable)
$2,056
estimated monthly payment
Principal & Interest
$1,577/mo
Property Tax
$479/mo
$300,000
20% — $60,000
3%50%
6.875%
3%12%
Loan Amount
$240,000
Down Payment
$60,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Starck Real Estate
Agent: Marlene Castagna
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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