$279,900

3116 Cedar Terrace, Island Lake, IL 60042

Active
2 beds 1 baths 960 sqft (survey) Built 1943 Residential MLS #MRD12722000 8 days on market
Listing courtesy of RE/MAX Plaza · 815-338-4455 · woodstock@plazaservices.com · MLS #MRD12722000 · Status: Active
Nicely Updated Ranch home situated on a large beautiful double lot (2 parcels) conveniently located across from Grek Park on a quiet 1-way street. The kitchen is updated with freshly painted cabinets, new granite countertops, a new kitchen sink and new gas stove. All appliances included, including a separate freezer. Open floor plan with hardwood floors throughout and the open dining room has built-in shelves and a ceiling fan. Remodeled bath has a tall sink, a new shower door and plenty of fresh paint. The full basement has a separate private entrance; currently used as an office, exercise room, plus a laundry area with a washer and dryer, a concrete double sink, and utility area for the water heater and gas forced air furnace with central air. Water heater replaced in 2020, the roof in 2018; there is a new large deck in back with picnic table and benches, and the iron patio set on adjacent patio is included. The 2 1/2 car detached garage is extra deep, with a new garage door and there is a long driveway for extra parking; the yard is fenced and there is a garden shed on a concrete foundation. The home is on city sewer and water. Make this beauty your very own Home Sweet Home!

Property details

Interior

Appliances
Range, Microwave, Refrigerator, Freezer, Washer, Dryer, Water Purifier
Interior features
1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Dining Combo, Granite Counters
Flooring
Hardwood, Wood
Basement
Exterior Entry, Full, Daylight
Laundry
In Unit, Sink
Additional rooms
No additional rooms
Total rooms
5

Building & exterior

Style
Ranch
Age
81-90 Years
Exterior
Stucco
Roof
Asphalt
Foundation
Concrete Perimeter
Patio & porch
Patio
Other structures
Shed(s)

Parking

Garage spaces
2
Total spaces
6
Parking details
Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Off Street, Driveway, Owned, Garage

Lot & location

Lot dimensions
80X125
Township
Nunda
County
McHenry

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Electricity
Circuit Breakers
Equipment
TV-Rotor, CO Detectors, Ceiling Fan(s), Sump Pump

HOA & community

Assessment includes
None
Community features
Park, Street Paved

Schools

Elementary
Edgebrook Elementary School (15)
Junior high
Mchenry Middle School (15)
High school
Mchenry Campus (156)

Taxes & terms

Annual taxes
$3,626 (2025)
Parcel number (PIN)
1520226012
PIN
1520226012
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/5/2026

Rooms

RoomSizeLevelFlooring
Bedroom 214X10MainHardwood
Bedroom 3N/A
Bedroom 4N/A
Dining Room16X13MainHardwood
Family RoomN/A
Kitchen16X11MainHardwood
Laundry12X10BasementOther
Living Room16X14MainHardwood
Master Bedroom21X10MainHardwood

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

$239,900
2 bd · 2 ba · 1,083 sqft
3109 Lynette Lane, Island Lake, IL 60042
$290,000
3 bd · 1 ba · 1,219 sqft
571 Newport Court, Island Lake, IL 60042
$349,000
2 bd · 2 ba · 1,986 sqft
301 Channel 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