217 Channel Dr, Island Lake – Stunning waterfront home with breathtaking views, soaring vaulted ceilings, skylights with retractable shades, and expansive windows that fill the home with natural light while perfectly framing the peaceful setting. The open-concept layout was designed for both everyday living and entertaining, creating a warm and inviting atmosphere throughout the home. The beautifully updated gourmet kitchen features an induction cooktop, convection oven, butcher block countertops, stainless steel appliances, and oversized peninsula seating for high-performance cooking and effortless entertaining. The light-filled living room offers a sleek modern fireplace, dimmable recessed lighting, and incredible water views that make the entire space feel calm and connected to nature. The primary suite feels like a private retreat with its own balcony overlooking the water, in-room laundry, and a spa-inspired bathroom featuring heated floors, towel warmer, rainfall shower, and a 6-foot soaking tub. The first-floor bedroom includes a custom built-in bed and flexible space perfect for guests, office, or creative studio use. Enjoy peaceful outdoor living with multiple spaces designed for relaxing, entertaining, kayaking, or simply taking in the tranquil surroundings. Rehabbed in 2021, the home includes updated siding, roof, gutters, plumbing, conduit, electrical wiring, 200-amp service, high-efficiency condensing furnace, water heater, and A/C. The downstairs bath is also plumbed for a future shower.
Property Details
Price:
$379,999
MLS #:
MRD12642975
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Single Family
Neighborhood:
islandlake
Listed Date:
May 14, 2026
Finished Sq Ft:
1,010
Year Built:
1938
See this Listing
Schools
School District:
118
Elementary School:
Cotton Creek Elementary School
Middle School:
Matthews Middle School
High School:
Wauconda Comm High School
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas
Exterior
Construction Materials
Vinyl Siding
Parking Features
Yes, Owned
Parking Spots
4
Parking Total
4
Roof
Asphalt
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$3,720
Map
Community
- Address217 Channel Drive Island Lake IL
- CityIsland Lake
- CountyLake
- Zip Code60042
Market Summary
Current real estate data for Single Family in Island Lake as of Jun 13, 2026
26
Single Family Listed
32
Avg DOM
229
Avg $ / SqFt
$454,096
Avg List Price
Property Summary
- 217 Channel Drive Island Lake IL is a Single Family for sale in Island Lake, IL, 60042. It is listed for $379,999 and features 2 beds, 2 baths, and has approximately 1,010 square feet of living space, and was originally constructed in 1938. The current price per square foot is $376. The average price per square foot for Single Family listings in Island Lake is $229. The average listing price for Single Family in Island Lake is $454,096.
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217 Channel Drive
Island Lake, IL


