236 Forest Dr Island Lake, IL 60042
East Island Lake NeighborhoodEstimated payment $3,142/month
Total Views
2,048
5
Beds
4
Baths
2,649
Sq Ft
$151
Price per Sq Ft
Highlights
- Lake Front
- Property fronts a channel
- Deck
- Lake Privileges
- Community Lake
- 2-minute walk to Forest Park
About This Home
Your Waterfront Escape on Island Lake! Imagine waking up to panoramic views of Island Lake every morning. This lovely two-story home is your private oasis, offering both tranquility and adventure-all just steps from your backyard. With five bedrooms and four bathrooms, this spacious residence is perfectly suited for family life or entertaining guests year-round. Set on nearly half an acre of fenced land, the property provides plenty of outdoor space for relaxing, playing, or casting your line into the lake. Inside, the welcoming entry leads into an open-concept living area, where natural light floods the hardwood floors. The kitchen is a chef's delight, featuring white cabinetry, a large central island, and sleek countertops-ideal for gatherings and everyday meals alike. On the main level, you'll find a flexible room that can be used as an office, guest room, or fifth bedroom, plus a full bathroom for convenience. The utility room houses a modern tankless water heater, ensuring efficiency and reliability. Upstairs, discover four comfortable bedrooms and three full bathrooms, including a stunningly remodeled bath in the master suite. The master offers a spa-like retreat with a Jacuzzi tub, double vanity, and a spacious walk-in closet. A second-floor laundry simplifies chores, while three additional bedrooms share two full baths-one of which has been tastefully updated. Extra storage is no problem thanks to a pull-down attic, while the lakeside setting promises peaceful mornings and spectacular sunsets. Whether you're seeking a peaceful retreat or an active waterfront lifestyle, this home delivers it all.
Listing Agent
Coldwell Banker Realty License #475146521 Listed on: 07/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,252
Year Built
- Built in 1948
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 120x166
- Property fronts a channel
- Lake Front
- Fenced
- Paved or Partially Paved Lot
- Additional Parcels
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,649 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Water Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Outdoor Features
- Tideland Water Rights
- Lake Privileges
- Deck
Location
- Property is near a park
Schools
- Cotton Creek Elementary School
- Matthews Middle School
- Wauconda Comm High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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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 | $9,472 | $153,086 | $26,577 | $126,509 |
| 2023 | $9,472 | $115,823 | $14,957 | $100,866 |
| 2022 | $9,176 | $100,713 | $15,778 | $84,935 |
| 2021 | $9,355 | $95,165 | $14,909 | $80,256 |
| 2020 | $9,062 | $90,703 | $14,210 | $76,493 |
| 2019 | $8,100 | $86,655 | $15,237 | $71,418 |
| 2018 | $7,629 | $74,213 | $18,068 | $56,145 |
| 2017 | $7,626 | $73,355 | $17,859 | $55,496 |
| 2016 | $6,655 | $69,465 | $16,912 | $52,553 |
| 2015 | $6,397 | $63,771 | $15,526 | $48,245 |
| 2014 | $6,728 | $63,572 | $16,491 | $47,081 |
| 2012 | $7,555 | $75,710 | $15,778 | $59,932 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $399,000 | +7.8% | $151 / Sq Ft |
| 05/02/2024 05/02/24 | Sold | $370,000 | 0.0% | $140 / Sq Ft |
| 04/19/2024 04/19/24 | Off Market | $370,000 | -- | -- |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 03/19/2024 03/19/24 | For Sale | $380,000 | +8.6% | $143 / Sq Ft |
| 11/01/2022 11/01/22 | Sold | $350,000 | 0.0% | $132 / Sq Ft |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- |
| 09/07/2022 09/07/22 | For Sale | $350,000 | 0.0% | $132 / Sq Ft |
| 09/01/2022 09/01/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | For Sale | $350,000 | +100.2% | $132 / Sq Ft |
| 01/30/2017 01/30/17 | Sold | $174,814 | -12.2% | $66 / Sq Ft |
| 12/12/2016 12/12/16 | Price Changed | $199,000 | +13.8% | $75 / Sq Ft |
| 12/10/2016 12/10/16 | Pending | -- | -- | -- |
| 12/03/2016 12/03/16 | Off Market | $174,814 | -- | -- |
| 11/23/2016 11/23/16 | For Sale | $185,000 | 0.0% | $69 / Sq Ft |
| 11/23/2016 11/23/16 | Price Changed | $185,000 | -7.0% | $69 / Sq Ft |
| 10/28/2016 10/28/16 | Pending | -- | -- | -- |
| 10/28/2016 10/28/16 | Price Changed | $199,000 | +13.8% | $75 / Sq Ft |
| 10/25/2016 10/25/16 | Off Market | $174,814 | -- | -- |
| 10/19/2016 10/19/16 | Price Changed | $199,000 | +13.8% | $75 / Sq Ft |
| 10/18/2016 10/18/16 | Pending | -- | -- | -- |
| 10/07/2016 10/07/16 | Off Market | $174,814 | -- | -- |
| 10/07/2016 10/07/16 | For Sale | $185,000 | 0.0% | $69 / Sq Ft |
| 10/07/2016 10/07/16 | Price Changed | $185,000 | +5.8% | $69 / Sq Ft |
| 10/06/2016 10/06/16 | Off Market | $174,814 | -- | -- |
| 09/14/2016 09/14/16 | For Sale | $199,000 | -- | $75 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $370,000 | None Listed On Document | |
| Warranty Deed | $350,000 | Saturn Title | |
| Special Warranty Deed | $174,814 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $255,000 | Ticor |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $358,900 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $194,596 | FHA | |
| Previous Owner | $166,073 | New Conventional | |
| Previous Owner | $344,000 | Unknown | |
| Previous Owner | $204,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $159,500 | Unknown | |
| Previous Owner | $159,500 | Unknown | |
| Previous Owner | $134,250 | Unknown |
Source: Public Records
Similar Homes in Island Lake, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12415067
APN: 09-21-110-051
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