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$379,999 Just Listed
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Property Description
217 Channel Dr, Island Lake - Stunning waterfront home with breathtaking views, soaring vaulted ceilings, skylights with retractable shades, and expansive windows that fill the home with natural light while perfectly framing the peaceful setting. The open-concept layout was designed for both everyday living and entertaining, creating a warm and inviting atmosphere throughout the home. The beautifully updated gourmet kitchen features an induction cooktop, convection oven, butcher block countertops, stainless steel appliances, and oversized peninsula seating for high-performance cooking and effortless entertaining. The light-filled living room offers a sleek modern fireplace, dimmable recessed lighting, and incredible water views that make the entire space feel calm and connected to nature. The primary suite feels like a private retreat with its own balcony overlooking the water, in-room laundry, and a spa-inspired bathroom featuring heated floors, towel warmer, rainfall shower, and a 6-foot soaking tub. The first-floor bedroom includes a custom built-in bed and flexible space perfect for guests, office, or creative studio use. Enjoy peaceful outdoor living with multiple spaces designed for relaxing, entertaining, kayaking, or simply taking in the tranquil surroundings. Rehabbed in 2021, the home includes updated siding, roof, gutters, plumbing, conduit, electrical wiring, 200-amp service, high-efficiency condensing furnace, water heater, and A/C. The downstairs bath is also plumbed for a future shower.
Full Property Details
Full Property Details for 217 Channel Dr
General
- Price: $379,999
- Taxes: $3,720 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12642975
Interior
- Basement: Crawl Spac
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 4
- Parking Features: Yes, Owned
Location
- Area: Island Lake
- County: Lake
- Township: Wauconda
- Driving Directions: From the center of Island Lake, head north on IL-176, then turn right onto Channel Dr. Follow Channel Dr to 217-your lakeside home will be on the left.
School Information
- School District: 118
- Elem School District: 118
- Midd School District: 118
- High School District: 118
- Elementary School: Cotton Creek Elementary School
- Middle School: Matthews Middle School
- High School: Wauconda Comm High School
- Private School: Wauconda Comm High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Asphalt
- Square Feet: 1,010
- Sq. Ft. Source: Assessor
- Year Built: 1938
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 2614
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1938
- Tax Amount: $3,720
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9211100240000
Listed by Komar
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Schools
Schools serving 217 Channel Dr
School District:Wauconda Community Unit School District 118
| Name | Grades | Distance |
|---|---|---|
Cotton Creek School 545 Newport Court, Island Lake, IL 60042 | K-5 | 0.7 mi |
Matthews Middle School PO Box 920, Island Lake, IL 60042 | 6-8 | 0.7 mi |
Wauconda High School 555 North Main Street, Wauconda, IL 60084 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 217 Channel Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,596
13%
$56,844
7%
2024
$3,184
-16%
$53,250
20%
2023
$3,793
4%
$44,249
13%
2022
$3,637
113%
$39,153
6%
2021
$1,707
3%
$36,996
117%
2020
$1,650
9%
$17,082
6%
2019
$1,509
-10%
$16,144
-1%
2018
$1,676
—
$16,297
1%
2017
$1,675
5%
$16,108
6%
2016
$1,600
81%
$15,254
9%
2015
$886
-8%
$14,004
—
2014
$961
-15%
$14,004
-2%
2013
$1,126
-1%
$14,222
-17%
2012
$1,136
—
$17,046
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 217 Channel Dr
217 Channel Drive, Island Lake, IL 60042 (MLS# 12642975) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 217 Channel Drive is currently listed for $379,999 and was received on May 14, 2026. Want to learn more about 217 Channel Drive? Do you have questions about finding other Single Family real estate for sale in Island Lake? You can browse all Island Lake real estate or contact a Coldwell Banker agent to request more information.

