216 S Shore Dr Unit S Island Lake, IL 60042
East Island Lake NeighborhoodEstimated payment $1,483/month
Highlights
- Waterfront
- 0.69 Acre Lot
- 1-minute walk to South Shore Beach
About This Lot
This is a rarely available Island Lake Front lot offering 249 feet of lake frontage on 3 lots! (All 3 under 1 PIN number and 1 tax bill on .69 acres) Picture yourself in the waterfront home of your dreams on picturesque Island Lake! There is time to build now to be on the water for all the boating and swimming fun next summer! Property tax bill will be considerably lower because the house that was on it has been removed. Flat lot but walk out basement could be an easy option as prior home had one. Buyer to do their own due diligence and be responsible for soil, permits, perc tests etc....You can subdivide but village will not allow home to be built separately on third lot as there is not allowable street space for a driveway. Public water and sewer, concrete seawall. Close to park, public access, shopping and route 12. Hurry this waterfront opportunity won't last long!!
Listing Agent
@properties Christie's International Real Estate License #475192071 Listed on: 06/22/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,979
Lot Details
- 0.69 Acre Lot
- Lot Dimensions are 119.3x249x203.4x123.3
- Waterfront
Schools
- Cotton Creek Elementary School
- Matthews Middle School
- Wauconda Comm High School
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,224 | $30,460 | $30,460 | -- |
| 2023 | $6,880 | $25,312 | $25,312 | -- |
| 2022 | $6,880 | $76,015 | $26,636 | $49,379 |
| 2021 | $5,979 | $71,828 | $25,169 | $46,659 |
| 2020 | $5,740 | $68,460 | $23,989 | $44,471 |
| 2019 | $5,033 | $64,701 | $22,672 | $42,029 |
| 2018 | $5,667 | $66,186 | $28,732 | $37,454 |
| 2017 | $5,657 | $65,421 | $28,400 | $37,021 |
| 2016 | $5,343 | $61,952 | $26,894 | $35,058 |
| 2015 | $5,080 | $56,873 | $24,689 | $32,184 |
| 2014 | $6,055 | $57,202 | $25,795 | $31,407 |
| 2012 | $6,041 | $65,358 | $24,679 | $40,679 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2025 02/09/25 | Price Changed | $184,900 | -25.7% | -- |
| 09/25/2023 09/25/23 | Price Changed | $249,000 | -11.0% | -- |
| 06/22/2023 06/22/23 | For Sale | $279,900 | +1.5% | -- |
| 06/30/2021 06/30/21 | Sold | $275,751 | +10.3% | $131 / Sq Ft |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- |
| 05/03/2021 05/03/21 | For Sale | -- | -- | -- |
| 04/27/2021 04/27/21 | For Sale | $250,000 | -- | $119 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,751 | Burnet Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,600 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $15,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 11814754
APN: 09-21-302-058
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