406 Channel Dr Island Lake, IL 60042
East Island Lake NeighborhoodEstimated payment $2,516/month
Total Views
1,513
3
Beds
3
Baths
2,405
Sq Ft
$146
Price per Sq Ft
Highlights
- Waterfront
- Property is near a park
- Wood Flooring
- Community Lake
- Recreation Room
- 1-minute walk to Channel Park
About This Home
Fantastic 4 bedroom Waterfront gem in quiet neighborhood. Great location on the main channel that leads to Island Lake (10 hp limit). Boater/kayaker and fisherman paradise. Close to lake beaches. Large lot. Open layout. Updated throughout. Vaulted ceiling. Large kitchen with granite counters, tons of cabinet space and stainless steel appliances. Open to dining and family room with wood/gas fireplace and solid oak floors. Huge primary bedroom with heated floors, In suite bathroom and walk-in closet. Finished basement with custom wet bar. Radiant heated floors in basement. Full basement bathroom. Tons of storage. 2 1/2 car garage. Newer mechanicals (AC & Furnace 1.5 years, radiant heat water heater in basement & water softener brand new, Home water heater 5 years). Covered front porch with blue stone. Backyard Patio with gazebo shelter. Perfect for entertaining. Welcome Home!
Listing Agent
Century 21 Integra Brokerage Phone: (847) 754-6606 License #471002716 Listed on: 06/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,294
Year Built
- Built in 1983
Lot Details
- Lot Dimensions are 64 x 181 x 60 x 160
- Waterfront
Parking
- 2.1 Car Garage
- Driveway
- Parking Included in Price
Interior Spaces
- 2,405 Sq Ft Home
- 1-Story Property
- Bar
- Family Room with Fireplace
- Living Room
- Dining Room
- Recreation Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Tideland Water Rights
- Patio
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
- Island Lake Estates Subdivision
- 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 | $7,294 | $109,542 | $23,603 | $85,939 |
| 2023 | $7,374 | $91,027 | $19,613 | $71,414 |
| 2022 | $7,374 | $82,114 | $20,465 | $61,649 |
| 2021 | $7,037 | $77,591 | $19,338 | $58,253 |
| 2020 | $6,789 | $73,952 | $18,431 | $55,521 |
| 2019 | $5,979 | $69,891 | $17,419 | $52,472 |
| 2018 | $5,770 | $62,161 | $15,237 | $46,924 |
| 2017 | $5,764 | $61,442 | $15,061 | $46,381 |
| 2016 | $5,274 | $58,183 | $14,262 | $43,921 |
| 2015 | $5,059 | $53,413 | $13,093 | $40,320 |
| 2014 | $6,361 | $56,258 | $16,911 | $39,347 |
| 2012 | $6,197 | $64,851 | $16,179 | $48,672 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Pending | -- | -- | -- |
| 06/29/2025 06/29/25 | For Sale | $350,000 | -- | $146 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $147,000 | -- | |
| Warranty Deed | $135,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $104,500 | New Conventional | |
| Closed | $25,997 | Credit Line Revolving | |
| Closed | $120,000 | Unknown | |
| Previous Owner | $140,100 | No Value Available | |
| Previous Owner | $67,500 | No Value Available |
Source: Public Records
Similar Homes in Island Lake, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12352136
APN: 09-21-103-036
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