Why Live in East Island Lake
East Island Lake, nestled along the McHenry and Lake County line, offers a tranquil lifestyle centered around its namesake man-made lake. The lake, with a 10-horsepower limit on boats, is ideal for leisurely activities such as canoeing and fishing, contributing to the area's relaxed atmosphere. The neighborhood features a diverse housing market, with homes ranging from 1940s craftsman and midcentury modern styles to contemporary homes from the 1990s onward. Multi-family options include townhomes from the 1990s. The community is dotted with lakeside parks like South Shore Beach and Channel Park, providing public beach access, playgrounds, and picnic areas. Converse Park, known for its castle-like structure, hosts events throughout the year. Dining and entertainment options are plentiful, with local favorites like Island Lake Café and El Norteño, and venues such as 3D Sideouts Sports Tavern and the McHenry Outdoor Theater. The neighborhood is served by Wauconda Community Unit School District 118, with Wauconda High School receiving high ratings. Safety is comparable to the national average, and essential services are shared with the neighboring village of Wauconda. East Island Lake is conveniently located 22 miles north of Elgin and 52 miles northwest of Chicago, with the Pingree Road Metra station 8 miles away for easy commuting.
Home Trends in East Island Lake, IL
On average, homes in East Island Lake, Island Lake sell after 12 days on the market compared to the national average of 51 days. The median sale price for homes in East Island Lake, Island Lake over the last 12 months is $299,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$299,000
Median Single Family Sale Price
$324,950
Average Price Per Sq Ft
$191
Number of Homes for Sale
8
Last 12 months Home Sales
42
Median List Price
$310,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%