Sign up to get new listings emailed daily! JOIN SIGN IN
Donya Bundy
REALTOR®
(608) 295-5181

402 Channel Drive , Island Lake, IL 60042

$369,900
  • 402 Channel Drive , Island Lake, IL 60042 Main Photo

40 Photos

New to the Market New
BEDS2 BATHS2 full SQUARE FEET1,594 MLS#12780527
STATUSNew PROPERTY TYPEResidential - Single Family SUBDIVISIONIsland Lake Estates SCHOOLDistrict 118

Property 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.

402 Channel Drive | MLS# 12780527

This single family home located at 402 Channel Drive , Island Lake, IL 60042 is currently listed for sale with an asking price of $369,900. This property was built in 1952 and has 2 bedrooms and 2 full baths with 1594 sq. ft. Channel Drive is located in the Island Lake Estates subdivision within the District 118 school district. Search Island Lake Estates real estate on dbundy.gogambino.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Wall Unit(s)
Fireplaces: 1
Garage: 2.5
Heating: Natural Gas, Steam
Home Style: Step Ranch
Lot Size: 0.21 Acres
Roof Type: Asphalt
Taxes: $5,590
Year Built: 1952

Amenities

Built-in Features

Feature Descriptions

Additional rooms: No additional rooms
Additional Structures: None
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Association Includes: None
Bath Features: Separate Shower
Dining Room: Separate
Exterior: Frame
Fireplace: Electric
Fireplace Location(s): Living Room
Laundry: In Unit, Sink
Lot: Channel Front
Lot Dimensions: 60X156
Parcel#: 09211030340000
Parking: Brick Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 6
Township: Wauconda
Water: Public

Room Sizes

Bedroom 2: 11X11
Dining Room: 14X12
Family Room: 18X9
Kitchen: 13X18
Laundry: 11X18
Living Room: 18X12
Primary Bedroom: 15X12

Local Schools

High School: Wauconda Community High School
Middle School: Matthews Middle School
Elementary School: Cotton Creek School
School District: District 118

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 847-724-5800

Shown By

Agent Name: Donya Bundy
Agent Phone: (608) 295-5181
Agency Title: Gambino Realtors

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,253.92 per month $1,680.20 Principal & Interest $465.83 Property Tax $107.89 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/12/2026. The listing information on this page last changed on 10/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 10/12/2026 2:05:25 AM EST) or MRED MLS (last updated Mon 10/12/2026 2:01:48 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 10/11/2026 10:15:21 PM EST) or Northern Illinois Commercial Association Realtors (last updated Sun 10/11/2026 2:10:06 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder