402 Channel Drive Island Lake, IL 60042
Listing Courtesy of: MLS LogoMidwest Real Estate Data as distributed by MLS GRID / Listed By: Marla Schneider, Coldwell Banker Realty

  402 Channel Drive Island Lake, IL 60042

Active (15 Days)
$369,900 (USD)
2
BED
2
BATH
1,594
SQFT

Description

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 garage and beautifully designed brick-paver driveway. Additional improvements include a newer roof, newer boiler, and new HVAC system. Residents can enjoy access to private neighborhood beaches and year-round outdoor activities, including kayaking, fishing, and ice fishing. Whether you're looking for a peaceful waterfront retreat or a unique place to call home, this one-of-a-kind property has so much to offer.

MLS #:
12780527
Taxes
$5,590(2025)
Lot Size
9,148 SQFT
Type
Single-Family Home
Year Built
1952
Style
Step Ranch
School District
118
County
Lake County
Community
Island Lake Estates

Listed By

Marla Schneider, Coldwell Banker Realty
Source
Midwest Real Estate Data
Last checked Oct 22 2026 at 10:21 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Built-In Features
  • Laundry: In Unit
  • Appliance: Range
  • Appliance: Refrigerator
  • Appliance: Washer
  • Appliance: Dryer
  • Laundry: Sink
  • Appliance: Dishwasher
  • Appliance: Stainless Steel Appliance(s)
Subdivision
  • Island Lake Estates
Lot Information
  • Channel Front
Property Features
  • None
  • Fireplace: 1
  • Fireplace: Living Room
  • Fireplace: Electric
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Steam
  • Natural Gas
  • Wall Unit(s)
Homeowners Association Information
  • Dues: $0/Not Applicable
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Cotton Creek School
  • Middle School: Matthews Middle School
  • High School: Wauconda Community High School
Parking
  • Garage Door Opener
  • Garage Owned
  • Attached
  • Garage
  • Brick Driveway
  • Yes
Living Area
  • 1,594 sqft
Location
   
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 10/22/2026 22:21. 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.