Charming ranch-style townhome in the peaceful Newbury Village subdivision of Island Lake! This sun-filled 2-bedroom, 2-bath townhome features a spacious, open-concept layout with soaring vaulted ceilings and fresh interior paint completed in 2025. Thoughtfully updated, the home boasts new flooring in both bedrooms and new stainless steel appliances that complement the bright and functional kitchen, complete with ample cabinetry and a large window that brings in natural light. The generously sized living and dining areas flow seamlessly, creating an ideal space for everyday living and entertaining. The primary suite offers a walk-in closet and private en suite bath, providing a quiet retreat at the end of the day. Step outside to your private patio, where you can unwind with serene views of the pond and fountain-a perfect setting for morning coffee or evening relaxation. Located in the scenic and sought-after Fox River Shores subdivision, this home offers easy access to walking trails, parks, and the Fox River.
Closed
$238,000
506 Lauren Ln, Island Lake, IL 60042
2beds
1,003sqft
Townhouse, Single Family Residence
Built in 1992
3,182 Square Feet Lot
$248,400 Zestimate®
$237/sqft
$1,817 Estimated rent
Home value
$248,400
$229,000 - $271,000
$1,817/mo
Zestimate® history
Owner options
List your home for rent
$1,817/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,817/mo
Rent Zestimate®
Refinance and save
$1,893/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,893/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Bright and functional kitchenSoaring vaulted ceilingsAmple cabinetryNew stainless steel appliancesFresh interior paint
Zillow last checked:
Listing updated:
Listed by:
Rosa Dante 773-574-7271,
Baird & Warner
Bought with:
Kim Alden
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12402559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 72 Square Feet
- Dimensions: 08X09
Kitchen
- Features: Kitchen (Galley), Flooring (Vinyl)
- Level: Main
- Area: 72 Square Feet
- Dimensions: 08X09
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 50 Square Feet
- Dimensions: 05X10
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 266 Square Feet
- Dimensions: 14X19
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Laundry: Main Level, Washer Hookup, In Unit
Features
- Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Laminate, Carpet
- Windows: Screens
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,003 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Patio
- Has view: Yes
- View description: Water, Back of Property
- Has water view: Yes
- Water view: Water,Back of Property
Lot
- Size: 3,182 Square Feet
- Dimensions: 43X74
- Features: Mature Trees
Details
- Parcel number: 1520127006
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Newbury Village
HOA
- Has HOA: Yes
- Amenities included: Ceiling Fan, Patio
- Services included: Exterior Maintenance
- HOA fee: $75 monthly
Location
- Region: Island Lake
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $164,166
- Annual tax amount: $2,816
- Date on market: 6/26/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $238,000+3.5%$237/sqft |
Source:  MRED as distributed by MLS GRID #12402559 Report a problem | ||
| 7/1/2025 | Contingent | $230,000$229/sqft |
Source: MRED as distributed by MLS GRID #12402559 Report a problem | ||
| 6/26/2025 | Listed for sale | $230,000+80.4%$229/sqft |
Source: MRED as distributed by MLS GRID #12402559 Report a problem | ||
| 7/30/2002 | Sold | $127,500+31.4%$127/sqft |
Source: Public Record Report a problem | ||
| 10/16/1995 | Sold | $97,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,056 +8.5% | $54,722 +11.5% |
| 2023 | $2,816 -21.3% | $49,073 +4.6% |
| 2022 | $3,577 +11.8% | $46,900 +6.7% |
| 2021 | $3,200 +6.6% | $43,971 +3.1% |
| 2020 | $3,001 | $42,653 +5.2% |
| 2019 | -- | $40,553 +21.1% |
| 2018 | $2,397 +4.8% | $33,495 +4.4% |
| 2017 | $2,286 +4.7% | $32,090 +4.8% |
| 2016 | $2,183 | $30,617 -8.9% |
| 2013 | $2,183 | $33,604 -19% |
| 2011 | -- | $41,492 -12.1% |
| 2010 | -- | $47,194 -6.1% |
| 2009 | -- | $50,254 |
| 2008 | -- | $50,254 +2.8% |
| 2006 | -- | $48,875 +4.7% |
| 2005 | $3,009 +6.1% | $46,676 +6.3% |
| 2004 | $2,836 +6.9% | $43,902 +6.2% |
| 2003 | $2,653 -8.3% | $41,358 +6.5% |
| 2002 | $2,894 +2.8% | $38,852 +3.9% |
| 2001 | $2,815 +9.8% | $37,383 +4.4% |
| 2000 | $2,563 | $35,801 |
Find assessor info on the county website
Neighborhood: 60042
Nearby homes
- $250,1003 bd1 ba1.3k sqft504 Lauren Ln, Island Lake, IL 60042Off Market
- $241,9002 bd2 ba1.1k sqft508 Lauren Ln, Island Lake, IL 60042Off Market
- $241,0002 bd1 ba1.2k sqft510 Lauren Ln, Island Lake, IL 60042Off Market
- $214,7002 bd1 ba867 sqft502 Lauren Ln, Island Lake, IL 60042Off Market
- $269,5003 bd2 ba1.3k sqft512 Lauren Ln, Island Lake, IL 60042Off Market
- $263,6003 bd2 ba1.3k sqft507 Lauren Ln, Island Lake, IL 60042Off Market
- $272,4003 bd2 ba1.3k sqft505 Lauren Ln, Island Lake, IL 60042Off Market
- $250,8002 bd1 ba1.2k sqft503 Lauren Ln, Island Lake, IL 60042Off Market
Nearby schools
GreatSchools rating
- 6/10Cotton Creek SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Matthews Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Wauconda High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Cotton Creek School
- Middle: Matthews Middle School
- High: Wauconda Community 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.
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
$248,400
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
$248,400
- Illinois
- McHenry County
- Island Lake
- 60042
- 506 Lauren Ln
Nearby cities
Nearby zip codes
Other Island Lake Topics
