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$349,000 Just Listed
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Property Description
Welcome home to this bright and inviting ranch nestled on a spacious corner lot with a large fenced backyard-your own private retreat! Whether you're hosting friends or enjoying a quiet evening, you'll love the low-maintenance composite deck and extended concrete patio, perfect for chillin', grillin', and making memories. Step inside to an inviting, open-concept living. The kitchen is designed for everyday living, featuring abundant cabinetry, stainless steel appliances, and a wraparound breakfast bar with seating for casual meals and conversation. The patio door opens directly to the deck, while elegant French doors lead to the patio and oversized two-car garage, creating a seamless indoor-outdoor lifestyle. The spacious primary bedroom offers a relaxing retreat with two closets, while a second bedroom and full bath complete the main level. Downstairs, the finished basement expands your living space with a comfortable family room, a third bedroom with an egress window, a second full bathroom, and a generously sized laundry room with abundant storage-perfect for guests, a home office, or hobbies. The oversized two-car garage provides ample room for vehicles, tools, and toys. Best of all, you'll enjoy Island Lake rights, offering boating, fishing, and a neighborhood beach just a short walk away-making every day feel a little like vacation. This home has been lovingly maintained and thoughtfully updated with improvements including siding, attic insulation, fencing, an extended concrete patio, a basement egress window, French and Patio doors, gutters-house and garage, new primary bedroom windows, 2 new sumps with one battery backup, and ejector pump. Even better, a brand-new roof will be installed before closing, providing added value and peace of mind for the new owner. Move right in and start enjoying comfortable living, a spacious backyard, and the Island Lake lifestyle. Don't miss your opportunity to make this move-in-ready home your own!
Full Property Details
Full Property Details for 301 Channel Dr
General
- Price: $349,000
- Taxes: $5,520 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12717406
Rental Information
- Complex Features: Park, Water Rights, Street Paved
Interior
- Basement: Finished, E
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
- Flooring: Hardwood, Wood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
- Bedrooms(Blw Grade): 1
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 4
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Owned, Garage
Location
- Area: Island Lake
- County: Lake
- Township: Wauconda
- Driving Directions: Rt 176 to Eastway Dr. North to Channel - corner of Eastway & Channel
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, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Egress Window, Concrete, Rec/Family Area, Storage Space, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Doors: Storm Door(s)
- Sub-Flooring: Hardwood, Wood, Carpet
- Square Feet: 1,986
- Sq. Ft. Source: Appraiser
- Year Built: 1972
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 48 x 120 x 62 x 128
- Fence: Yes
- Lot Features: Corner Lot, Water Rights, Mature Trees
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1972
- Tax Amount: $5,520
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9211130010000
Listed by Home Sweet Home Ryan Realty
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Schools
Schools serving 301 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 | 0.8 mi |
Matthews Middle School PO Box 920, Island Lake, IL 60042 | 6-8 | 0.6 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 301 Channel Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,991
9%
$80,469
7%
2024
$5,503
-4%
$75,381
20%
2023
$5,733
4%
$62,640
6%
2022
$5,496
3%
$59,169
6%
2021
$5,324
3%
$55,909
5%
2020
$5,149
9%
$53,287
6%
2019
$4,707
-3%
$50,361
7%
2018
$4,830
—
$46,958
1%
2017
$4,825
5%
$46,415
6%
2016
$4,609
21%
$43,954
9%
2015
$3,804
-5%
$40,350
—
2014
$4,015
-13%
$40,350
—
2013
$4,610
2%
$40,354
-20%
2012
$4,505
—
$50,147
—
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 301 Channel Dr
301 Channel Drive, Island Lake, IL 60042 (MLS# 12717406) is a Single Family property with 3 bedrooms and 2 full bathrooms. 301 Channel Drive is currently listed for $349,000 and was received on July 28, 2026. Want to learn more about 301 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.

