Condos InIsland Lake, IL

Island Lake, IL Condo Market Report (In last 12 months)

Avg. List Price

$231,641 ($197/Sqft.)

Year-Over-Year List Price

8.22%

Total Listings

Avg. Days on Market

Avg. Sale Price

$224,728 ($185/Sqft.)

Year-Over-Year Sale Price

7.15%

Total Sold

Avg. HOA Fees/Sqft.

$15/monthly

Island lake, IL Condo Market Overview

Nestled in the picturesque landscapes of northern Illinois, Island Lake offers a unique blend of serene natural beauty and suburban convenience. This charming community is an ideal retreat for those seeking a peaceful lifestyle with easy access to city amenities. The condo market here is as diverse as its surroundings, with luxurious properties offering serene lake views and affordable options perfect for first-time buyers. In neighborhoods like Prairie Woods and Fox River Shores, residents can enjoy tranquil walks and nature-inspired activities, fostering an idyllic outdoor lifestyle. Island Lake’s condos range from modern townhome designs to cozy garden-style apartments, all featuring communal spaces and contemporary amenities. With vibrant local attractions such as charming boutiques, cozy cafes, and the scenic Island Lake itself, this welcoming community combines the best of lakeside living with suburban sophistication, making it a delightful place to call home.

Condos For Sale In Island Lake, IL

Popular Condos Neighborhoods in Island Lake, IL

Explore Island Lake, IL Neighborhoods

Island Lake, IL, is a charming village that offers a serene retreat with its sparkling namesake lake at the heart of the community. Known for its welcoming atmosphere and stunning natural beauty, the area offers ample opportunities for outdoor activities like fishing, boating, and hiking. This picturesque locale combines small-town charm with easy access to the dynamic cultural and dining scenes of nearby metropolitan areas.

Frequently Asked Questions About Island Lake, IL

What is it like to live in Island Lake?

Island Lake, IL, offers a suburban living experience with a prominent presence of single-family homes and a rural atmosphere. The area provides access to natural landscapes with parks and the nearby Island Lake offering recreational activities. Local amenities cater to daily needs, and the community maintains a close-knit vibe.

What is it like to live in Island Lake?

Is Island Lake expensive?

Island Lake offers relatively affordable housing compared to larger metropolitan areas, with a range of single-family homes and condos. The cost of living is moderate, making it an attractive option for families and first-time homebuyers.

Is Island Lake expensive?

How much is a condo in Island Lake?

The average cost of a condo in Island Lake is approximately $250,000, though prices can vary based on specific amenities and proximity to the lake. The local market is relatively affordable compared to larger cities within the state.

How much is a condo in Island Lake?

What are the safest neighborhoods in Island Lake?

Island Lake is known for its small-town charm and overall low crime rates, making it generally a safe place to live. Specific neighborhood safety statistics for Island Lake are limited due to its size.