Charming ranch home just 2 blocks from Island Lake, offering a rare and versatile layout perfect for a variety of living situations. This well-maintained property features 3 bedrooms on main floor with an additional bedroom/office in basement, 2 full baths, and an additional half bath attached to main bedroom, thoughtfully divided into two separate living areas. One side includes 2 spacious bedrooms and 1.5 bathrooms, while the other offers a private 1-bedroom suite with its own full bath-ideal for related living or guests. The home also boasts a second kitchen and additional family room, providing flexible living and entertaining options. Dual-zoned heating and cooling ensure comfort throughout. Enjoy outdoor living on the covered deck overlooking an extra-large lot spanning two parcels, complete with a shed and long driveway for ample parking. The fully finished basement offers even more space, including an additional room and crawl space for abundant storage. Meticulously maintained and truly move-in ready-this unique home combines space, flexibility, and a prime location near the lake.
Closed
$335,000
407 Fairfield Dr, Island Lake, IL 60042
4beds
1,900sqft
Single Family Residence
Built in 1975
0.28 Acres Lot
$351,200 Zestimate®
$176/sqft
$2,630 Estimated rent
Home value
$351,200
$334,000 - $369,000
$2,630/mo
Zestimate® history
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List your homeWhat's special
Fully finished basementAdditional family roomRare and versatile layoutSecond kitchenAbundant storageDual-zoned heating and coolingCovered deck
Zillow last checked:
Listing updated:
Listed by:
Chrissy Newbold 847-204-2780,
RE/MAX Connections II,
Bryan Newbold 815-861-6426,
RE/MAX Connections II
Bought with:
Michael Graff
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12615210
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Kitchen, Eating Area, Family Room, Office
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Half)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 162 Square Feet
- Dimensions: 18X9
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 4
- Features: Flooring (Carpet)
- Level: Basement
- Area: 132 Square Feet
- Dimensions: 12X11
Eating area
- Features: Flooring (Vinyl)
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10X9
Family room
- Features: Flooring (Carpet)
- Level: Main
- Area: 360 Square Feet
- Dimensions: 20X18
Other
- Features: Flooring (Carpet)
- Level: Basement
- Area: 400 Square Feet
- Dimensions: 25X16
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Vinyl)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Kitchen 2nd
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Laundry
- Level: Basement
- Area: 180 Square Feet
- Dimensions: 20X9
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Office
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 13X11
Heating
- Natural Gas
Cooling
- Central Air, Zoned, Dual
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Multiple Locations
Features
- Windows: Screens
- Basement: Finished,Crawl Space,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,900 sqft
Property
Parking
- Total spaces: 6
- Parking features: Asphalt, Driveway, Yes, Owned
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.28 Acres
- Dimensions: 100X120
Details
- Additional structures: Shed(s)
- Additional parcels included: 09213090090000
- Parcel number: 09213090100000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Island Lake
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $305,187
- Annual tax amount: $8,226
- Date on market: 4/25/2026
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $335,000-4.3%$176/sqft |
Source:  MRED as distributed by MLS GRID #12615210 Report a problem | ||
| 5/20/2026 | Listing removed | $350,000$184/sqft |
Source: MRED as distributed by MLS GRID #12615210 Report a problem | ||
| 5/3/2026 | Contingent | $350,000$184/sqft |
Source: MRED as distributed by MLS GRID #12615210 Report a problem | ||
| 4/25/2026 | Listed for sale | $350,000$184/sqft |
Source: MRED as distributed by MLS GRID #12615210 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,448 +10.8% | $108,585 +6.7% |
| 2023 | $6,723 -3.8% | $101,719 +20.3% |
| 2022 | $6,987 +4.8% | $84,526 +8.2% |
| 2021 | $6,666 +3.7% | $78,121 +11% |
| 2020 | $6,429 +3.8% | $70,355 +5.8% |
| 2019 | $6,192 +16.5% | $66,492 +15% |
| 2018 | $5,315 | $57,797 +1.2% |
| 2017 | $5,315 +9.9% | $57,128 +5.6% |
| 2016 | $4,835 -4.7% | $54,098 +8.9% |
| 2015 | $5,073 -14.6% | $49,663 +0.5% |
| 2014 | $5,942 +2.6% | $49,406 -16.7% |
| 2012 | $5,793 +57.5% | $59,345 -17.2% |
| 2011 | $3,678 -3% | $71,681 -8.3% |
| 2010 | $3,793 +9.8% | $78,140 -2.6% |
| 2009 | $3,455 +1.2% | $80,188 +0.1% |
| 2008 | $3,414 +7.6% | $80,139 +52.2% |
| 2006 | $3,172 +13.6% | $52,648 |
| 2005 | $2,793 +6.4% | -- |
| 2004 | $2,626 -9.4% | -- |
| 2003 | $2,897 +12.4% | -- |
| 2002 | $2,578 -0.4% | -- |
| 2001 | $2,588 +3.8% | $37,935 +3.2% |
| 2000 | $2,493 | $36,749 |
Find assessor info on the county website
Neighborhood: 60042
Nearby homes
- $29,406-- bd-- ba-- sqft407 Fairfield Dr, Island Lake, IL 60042Off Market
- $282,200-- bd1 ba1k sqft411 Fairfield Dr, Island Lake, IL 60042Off Market
- $227,400-- bd1 ba1.2k sqft403 Fairfield Dr, Island Lake, IL 60042Off Market
- $258,2003 bd1 ba1.1k sqft408 Woodbine Ave, Island Lake, IL 60042Off Market
- $6,544-- bd-- ba-- sqft408 Woodbine Ave, Island Lake, IL 60042Off Market
- $21,257-- bd-- ba-- sqft403 Fairfield Dr, Island Lake, IL 60042Off Market
- $292,5003 bd2 ba1.3k sqft412 Woodbine Ave, Island lake, IL 60042Off Market
- $14,704-- bd-- ba-- sqft412 Woodbine Ave, Island lake, IL 60042Off Market
Nearby schools
GreatSchools rating
- 6/10Cotton Creek SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Matthews Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Wauconda High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- 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
$351,200
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Estimated market value
$351,200
- Illinois
- Lake County
- Island Lake
- 60042
- 407 Fairfield Dr
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