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$279,900 Just Listed
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Property Description
Nicely Updated Ranch home situated on a large beautiful double lot (2 parcels) conveniently located across from Grek Park on a quiet 1-way street. The kitchen is updated with freshly painted cabinets, new granite countertops, a new kitchen sink and new gas stove. All appliances included, including a separate freezer. Open floor plan with hardwood floors throughout and the open dining room has built-in shelves and a ceiling fan. Remodeled bath has a tall sink, a new shower door and plenty of fresh paint. The full basement has a separate private entrance; currently used as an office, exercise room, plus a laundry area with a washer and dryer, a concrete double sink, and utility area for the water heater and gas forced air furnace with central air. Water heater replaced in 2020, the roof in 2018; there is a new large deck in back with picnic table and benches, and the iron patio set on adjacent patio is included. The 2 1/2 car detached garage is extra deep, with a new garage door and there is a long driveway for extra parking; the yard is fenced and there is a garden shed on a concrete foundation. The home is on city sewer and water. Make this beauty your very own Home Sweet Home!
Full Property Details
Full Property Details for 3116 Cedar Terrace
General
- Price: $279,900
- Taxes: $3,626 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12722000
- Updated: 8/5/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Park, Street Paved
Interior
- Basement: Exterior E
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Built-in Features, Dining Combo, Granite Counters
- Appliances: Range, Microwave, Refrigerator, Freezer, Washer, Dryer, Water Purifier
- Flooring: Hardwood, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Rotor TV Antenna, Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Off-Street, Driveway, Owned, Garage
Location
- Area: Island Lake
- County: McHenry
- Township: Nunda
- Driving Directions: RTE176 to RIVER RD north to BURNETTE RD east(right) to CEDAR TERRACE south(right) to house on left across from GREK Park
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 156
- Elementary School: Edgebrook Elementary School
- Middle School: Mchenry Middle School
- High School: Mchenry Campus
- Private School: Mchenry Campus
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: Stucco
- Exterior Const.: Stucco
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Daylight
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood, Wood
- Square Feet: 960
- Sq. Ft. Source: Survey
- Year Built: 1943
- Built Before 1978: Yes
- Remodeled/Updated: 2013
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.22
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 80 x 125
- Fence: Yes
- Fencing (Description): Fenced, Chain Link, Partial
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1943
- Tax Amount: $3,626.14
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1520226012
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Schools
Schools serving 3116 Cedar Terrace
School Districts:McHenry Community Consolidated School District 15, McHenry Community High School District 156
| Name | Grades | Distance |
|---|---|---|
Edgebrook Elementary School, McHenry, IL 701 North Green Street, McHenry, IL 60050 | K-3 | 5 mi |
Chauncey H Duker School 3711 Kane Avenue, McHenry, IL 60050 | 4-5 | 5 mi |
Mchenry Middle School 2120 West Lincoln Road, McHenry, IL 60051 | 6-8 | 4.9 mi |
Mchenry East High School 1012 North Green Street, McHenry, IL 60050 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3116 Cedar Terrace
Date
Details
Price
Change
Source
8/05/2026
Listed
$279,900
182.73%
MLS
2/20/2014
Sold
$99,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3116 Cedar Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$274
3%
$3,136
12%
2023
$267
100%
$2,812
9%
2022
-100%
$2,572
7%
2021
$242
—
$2,411
-5%
2021
$242
-4%
$2,529
5%
2019
$253
-4%
$2,404
6%
2018
$263
2%
$2,258
4%
2017
$258
1%
$2,163
5%
2016
$255
—
$2,064
7%
2015
$254
-3%
$1,936
2%
2014
$261
4%
$1,904
-3%
2013
$250
4%
$1,964
-6%
2012
$240
—
$2,086
—
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 3116 Cedar Terrace
3116 Cedar Terrace, Island Lake, IL 60042 (MLS# 12722000) is a Single Family property with 2 bedrooms and 1 full bathroom. 3116 Cedar Terrace is currently listed for $279,900 and was received on August 05, 2026. Want to learn more about 3116 Cedar Terrace? 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.

