218 Southern Terrace
Island Lake, IL, 60042
$139,500
1 Beds
1 Baths
580 SqFt
0.11 Acres
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MLS #MRD12683575 image #0
Don’t miss out on owning this absolutely adorable Island Lake Estates Bungalow that is cute as a button! This beautifully updated 1 BR home is perfect for investment rental or starter home – move in ready! BRAND NEW FEATURES: Interior paint, carpet & luxury vinyl plank flooring throughout, shower (base, walls & enclosure). Seller will be installing brand new asphalt driveway. 2019 updates include: windows, exterior paint, kitchen cabinets, granite counter tops, 90 efficiency furnace, water heater, light fixtures & more! Spacious & sunny backyard features patio! Low taxes & Priced to sell fast! Close to shopping, restaurants, entertainment, parks/beaches & more! Come fall in love w/ your new home today before someone else does! MULTIPLE OFFERS RECEIVED: DEADLINE FOR HIGHEST/BEST – 5PM THUR 6/24

Property Details

Price:
$139,500
MLS #:
MRD12683575
Status:
Active
Beds:
1
Baths:
1
Type:
Single Family
Subdivision:
Island Lake Estates
Neighborhood:
islandlake
Listed Date:
Jun 19, 2026
Finished Sq Ft:
580
Year Built:
1937
BungalowIsland LakeIslandlakeIsland Lake Estates

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Schools

School District:
118

Interior

Appliances
Range, Microwave, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Window Unit(s)
Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Bungalow
Community Features
Park, Lake, Street Paved
Construction Materials
Frame
Parking Features
Asphalt, Off Street, Driveway, Yes, Owned
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Asphalt
Window Features
Screens, Blinds

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$2,398

Map

Community

Market Summary

Current real estate data for Single Family in Island Lake as of Jun 23, 2026
28
Single Family Listed
34
Avg DOM
220
Avg $ / SqFt
$425,357
Avg List Price

Property Summary

    Located in the Island Lake Estates subdivision, 218 Southern Terrace Island Lake IL is a Single Family for sale in Island Lake, IL, 60042. It is listed for $139,500 and features 1 beds, 1 baths, and has approximately 580 square feet of living space, and was originally constructed in 1937. The current price per square foot is $241. The average price per square foot for Single Family listings in Island Lake is $220. The average listing price for Single Family in Island Lake is $425,357.

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218 Southern Terrace
Island Lake, IL