Closed

$310,000

302 Channel Drive, Island Lake, IL 60042
3 Beds3 Baths1,172 sqft11 days
302 Channel Drive·Island Lake, IL 60042
3Bedrooms
3Bathrooms
1,172Sq Ft
1976Year Built
About This Home

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!

MLS# 12553519Listed January 23, 2026Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms6

Size & Structure

Living Area1,172 sqft
Garage Spaces2
Year Built1976
Lot Size0.200 acres

Location

CountyLake
TownshipWauconda
Zip Code60042

Financial

List Price$310,000
Price / Sq Ft$265
Annual Taxes (2024)$6,024
Monthly Tax Est.$502
Parcel #09211030290000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalOven

Heating

Natural Gas

Cooling

Central Air

Basement

Partially FinishedPartial
Exterior & Lot

Construction

FrameStuccoWood Siding

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AsphaltGarage Door OpenerYesGarage OwnedAttachedGarage
Schools
Elementary
Wauconda Elementary School
District: 118
Middle School
Wauconda Middle School
District: 118
High School
Wauconda Comm High School
District: 118
Tax & Financial
Annual Taxes
$6,024
Tax Year 2024
Monthly Tax Est.
$502
per month
Price per Sq Ft
$265
per square foot
Property Location

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

$310,000
$265 / sqft
302 Channel Drive
3 bd3 ba1,172 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
11 days on market
2-car garage
0.200 acres
$6,024/yr taxes
$2,131
estimated monthly payment
Principal & Interest
$1,629/mo
Property Tax
$502/mo
$310,000
20% — $62,000
3%50%
6.875%
3%12%
Loan Amount
$248,000
Down Payment
$62,000

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

Listed by
ListWithFreedom.com
Agent: Henry Torn
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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