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$369,900

Listing Price

2beds

2baths

1,594sqft

9,226sqft lot

402 Channel Dr, Island Lake, IL 60042

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

New Listing

Single Family

Home type

157.23

Price / sqft

1952

Year built

Home Details

Rare opportunity to own a beautifully updated, private channel-front home with access to Island Lake! Welcome to 402 Channel, a distinctive 2-bedroom, 2-bath ranch offering a unique combination of modern finishes, character, and waterfront living. Step inside to discover a spacious and inviting interior featuring beautiful flooring, recessed lighting, custom wood accent walls, and an open layout perfect for everyday living and entertaining. The expansive living and family room areas offer plenty of natural light, a sleek wall-mounted fireplace, and sliding glass doors leading to the outdoor patio. The beautifully updated kitchen is a true standout, featuring dark cabinetry, stunning live-edge wood countertops, stainless steel appliances, and plenty of cabinet and counter space. Both bathrooms have been tastefully updated, including a beautifully designed bathroom featuring a spacious walk-in shower with rainfall showerheads, custom tilework, and a modern floating vanity. A dedicated laundry area adds everyday convenience. Outside is where this property truly shines! Surrounded by beautifully landscaped Japanese-inspired gardens, mature trees, decorative brick and stonework, bamboo accents, and charming outdoor spaces, this property offers a peaceful and private retreat. Enjoy the channel-front setting with your own private dock, perfect for launching a kayak, canoe, or trolling-motor fishing boat and exploring Island Lake. The property also features an attached oversized gara

Interior Details

Square Feet
  • 1594

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 9226

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$3,140

$17,182

$36,703

--%

$53,885

2018

$3,555

$15,001

$30,572

--%

$45,573

2017

$3,539

$14,828

$30,218

--%

$45,046

2016

$3,319

$14,042

$28,616

--%

$42,658

2015

$3,672

$12,891

$26,270

--%

$39,161

2013

$4,624

$15,403

$25,636

--%

$41,039

2012

$4,518

$15,595

$34,690

--%

$50,285

2011

$4,462

$15,933

$40,282

--%

$56,215

percent-home-icon

Average Home Price in 60042

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$183,259

-- Beds

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Sold 07/15/2026

$374,284

3 Beds

2.5 Baths

1,439 Sqft

7,993 Lot (sqft)

Sold 10/18/2026

$302,763

-- Beds

2 Baths

1,534 Sqft

9,405 Lot (sqft)

Sold NaN/NaN/NaN

$369,900

2 Beds

2 Baths

1,594 Sqft

9,226 Lot (sqft)

Sold 10/18/2026

$314,835

3 Beds

2 Baths

1,674 Sqft

9,601 Lot (sqft)

Sold 10/13/2026

$366,851

3 Beds

2 Baths

1,620 Sqft

8,102 Lot (sqft)

Sold 10/18/2026

$295,000

3 Beds

2 Baths

1,516 Sqft

12,746 Lot (sqft)

Sold 10/18/2026

$358,227

3 Beds

2.5 Baths

1,658 Sqft

9,823 Lot (sqft)

Sold 10/13/2026

$382,381

3 Beds

3 Baths

1,444 Sqft

29,303 Lot (sqft)

Sold 10/18/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
369,900
$
Down payment
73,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,219.4
$
HOA (Monthly)
0
$
PMI
0
$
$2,394
Your Payment
Total Monthly Payment:$2,394
Percent of Income:41%
Affordable:No

Details for 402 CHANNEL DR

Property Debt

Foreclosure Contact Details