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!
Closed
$360,000
406 Channel Dr, Island Lake, IL 60042
4beds
2,405sqft
Single Family Residence
Built in 1983
-- sqft lot
$470,600 Zestimate®
$150/sqft
$3,253 Estimated rent
Home value
$470,600
$442,000 - $504,000
$3,253/mo
Zestimate® history
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List your homeWhat's special
Waterfront gemFinished basementMain channelClose to lake beachesTons of cabinet spaceOpen layoutCustom wet bar
Zillow last checked:
Listing updated:
Listing courtesy of:
Andy Murphy, CSC (847)754-6606,
Century 21 Integra
Bought with:
Rafay Qamar
Real Broker LLC
Source: MRED as distributed by MLS GRID,MLS#: 12352136
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Blinds), Bathroom (Full)
- Level: Main
- Area: 900 Square Feet
- Dimensions: 30X30
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 3
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 4
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Basement
- Area: 300 Square Feet
- Dimensions: 20X15
Bar entertainment
- Features: Flooring (Carpet)
- Level: Basement
- Area: 196 Square Feet
- Dimensions: 14X14
Dining room
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15X15
Family room
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 600 Square Feet
- Dimensions: 20X30
Kitchen
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 625 Square Feet
- Dimensions: 25X25
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Recreation room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 600 Square Feet
- Dimensions: 30X20
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Cathedral Ceiling(s), Wet Bar
- Flooring: Hardwood
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 0
- Total interior livable area: 2,405 sqft
Property
Parking
- Total spaces: 2.1
- Parking features: Asphalt, On Site, Detached, Garage
- Garage spaces: 2.1
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Patio
- Has view: Yes
- View description: Back of Property
- Has water view: Yes
- Water view: Back of Property
Lot
- Dimensions: 64 X 181 X 60 X 160
Details
- Parcel number: 09211030360000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Park, Lake, Water Rights
Location
- Region: Island Lake
- Subdivision: Island Lake Estates
HOA & financial
HOA
- Services included: None
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Sold | $360,000+2.9%$150/sqft |
Source:  MRED as distributed by MLS GRID #12352136 Report a problem | ||
| 7/3/2025 | Contingent | $350,000$146/sqft |
Source: MRED as distributed by MLS GRID #12352136 Report a problem | ||
| 6/29/2025 | Listed for sale | $350,000+138.1%$146/sqft |
Source: MRED as distributed by MLS GRID #12352136 Report a problem | ||
| 12/24/1998 | Sold | $147,000+8.9%$61/sqft |
Source: Public Record Report a problem | ||
| 1/9/1997 | Sold | $135,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,075 +10.7% | $116,936 +6.7% |
| 2023 | $7,294 -1.1% | $109,542 +20.3% |
| 2022 | $7,374 +4.8% | $91,027 +10.9% |
| 2021 | $7,037 +3.7% | $82,114 +11% |
| 2020 | $6,789 +3.8% | $73,952 +5.8% |
| 2019 | $6,540 +13.5% | $69,891 +12.4% |
| 2018 | $5,764 | $62,161 +1.2% |
| 2017 | $5,764 +13.9% | $61,442 +5.6% |
| 2016 | $5,059 -10.8% | $58,183 +8.9% |
| 2015 | $5,673 -10.8% | $53,413 -5.1% |
| 2014 | $6,361 +2.6% | $56,258 -13.3% |
| 2012 | $6,197 +1.3% | $64,851 -13.4% |
| 2011 | $6,117 -7.8% | $74,901 -16.2% |
| 2010 | $6,634 +12.7% | $89,387 -2.5% |
| 2009 | $5,885 +3% | $91,696 +1.4% |
| 2008 | $5,711 +8.9% | $90,448 -0.6% |
| 2006 | $5,243 +22.3% | $90,996 |
| 2005 | $4,288 +8.5% | -- |
| 2004 | $3,952 -10.9% | -- |
| 2003 | $4,436 +14.9% | -- |
| 2002 | $3,860 +11.9% | -- |
| 2001 | $3,450 +3.7% | $49,403 +3.2% |
| 2000 | $3,326 | $47,858 |
Find assessor info on the county website
Neighborhood: 60042
Nearby schools
GreatSchools rating
- 6/10Cotton Creek SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Matthews Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Wauconda High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Cotton Creek Elementary School
- Middle: Matthews Middle School
- High: Wauconda Comm High School
- District: 118
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$470,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$470,600
- Illinois
- Lake County
- Island Lake
- 60042
- 406 Channel Dr
Nearby cities
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