$349,000

301 Channel Drive, Island Lake, IL 60042

Active Under Contract
2 beds (3 possible) 2 baths 1,986 sqft (appraiser) Built 1972 Residential MLS #MRD12717406 8 days on market
Listing courtesy of Home Sweet Home Ryan Realty · 847-221-8150 · MLS #MRD12717406 · Status: Active Under Contract
Welcome home to this bright and inviting ranch nestled on a spacious corner lot with a large fenced backyard-your own private retreat! Whether you're hosting friends or enjoying a quiet evening, you'll love the low-maintenance composite deck and extended concrete patio, perfect for chillin', grillin', and making memories. Step inside to an inviting, open-concept living. The kitchen is designed for everyday living, featuring abundant cabinetry, stainless steel appliances, and a wraparound breakfast bar with seating for casual meals and conversation. The patio door opens directly to the deck, while elegant French doors lead to the patio and oversized two-car garage, creating a seamless indoor-outdoor lifestyle. The spacious primary bedroom offers a relaxing retreat with two closets, while a second bedroom and full bath complete the main level. Downstairs, the finished basement expands your living space with a comfortable family room, a third bedroom with an egress window, a second full bathroom, and a generously sized laundry room with abundant storage-perfect for guests, a home office, or hobbies. The oversized two-car garage provides ample room for vehicles, tools, and toys. Best of all, you'll enjoy Island Lake rights, offering boating, fishing, and a neighborhood beach just a short walk away-making every day feel a little like vacation. This home has been lovingly maintained and thoughtfully updated with improvements including siding, attic insulation, fencing, an extended concrete patio, a basement egress window, French and Patio doors, gutters-house and garage, new primary bedroom windows, 2 new sumps with one battery backup, and ejector pump. Even better, a brand-new roof will be installed before closing, providing added value and peace of mind for the new owner. Move right in and start enjoying comfortable living, a spacious backyard, and the Island Lake lifestyle. Don't miss your opportunity to make this move-in-ready home your own!

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
Interior features
1st Floor Bedroom, 1st Floor Full Bath
Flooring
Hardwood, Wood, Carpet
Basement
Finished, Egress Window, Concrete, Rec/Family Area, Storage Space, Full
Laundry
Gas Dryer Hookup, In Unit
Additional rooms
No additional rooms
Total rooms
7

Building & exterior

Style
Ranch
Age
51-60 Years
Exterior
Vinyl Siding
Roof
Asphalt
Foundation
Concrete Perimeter
Windows
Screens
Doors
Storm Door(s)
Patio & porch
Deck, Patio
Exposure
North

Parking

Garage spaces
2
Total spaces
4
Parking details
Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Owned, Garage

Lot & location

Lot dimensions
48 X 120 X 62 X 128
Lot description
Corner Lot, Water Rights, Mature Trees
Township
Wauconda
County
Lake

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer

HOA & community

Assessment includes
None
Community features
Park, Water Rights, Street Paved

Schools

Elementary
Cotton Creek Elementary School (118)
Junior high
Matthews Middle School (118)
High school
Wauconda Comm High School (118)

Taxes & terms

Annual taxes
$5,520 (2025)
Parcel number (PIN)
09211130010000
PIN
09211130010000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
7/28/2026

Rooms

RoomSizeLevelFlooring
Bedroom 212X10MainCarpet
Bedroom 311X11BasementCarpet
Bedroom 4N/A
Dining Room11X9MainHardwood
Family Room36X13BasementCarpet
Kitchen11X10MainHardwood
Laundry10X10BasementCeramic Tile
Living Room16X13MainHardwood
Master Bedroom19X11MainHardwood

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$425,000
5 bd · 2 ba · 2,982 sqft
3422 Oakwood Drive, Island Lake, IL 60042
$340,000
3 bd · 1.5 ba · 1,762 sqft
3411 Ridge Road, Island Lake, IL 60042
$399,000
3 bd · 2.5 ba · 2,350 sqft
2825 Kingston Drive, Island Lake, IL 60042
Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-08-26 02:23:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.

Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited. © 2026 MRED. See our DMCA notice.

Call now Text Josh
Text Josh