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$349,900 Contingent
Property Description
Welcome to this charming and rarely available ranch home perfectly situated on the beautiful shores of Island Lake and tucked away on a quiet dead-end street, offering peaceful waterfront living with picturesque views and everyday comfort. Additional major updates provide peace of mind, including a roof and gutters with leaf guards that are approximately seven years old, newer windows throughout much of the home, and a furnace and air conditioning system that are only four years old. From the moment you step inside, you'll be greeted by a spacious four-season sunroom surrounded by windows that fill the home with natural light while showcasing breathtaking lake views throughout the year. The inviting open-concept floor plan creates a seamless flow between the main living areas, making it ideal for both everyday living and entertaining. The living room features soaring vaulted ceilings and a cozy wood burning fireplace, creating a warm and welcoming gathering space. The updated kitchen, remodeled in 2020, offers beautiful soft-close cabinetry, ample storage, granite counters, can lighting, and a functional layout designed for today's lifestyle. The primary suite provides a private retreat complete with a full en-suite bathroom that was tastefully updated in 2020. An additional full hall bathroom was also updated in 2020, providing modern finishes and convenience for guests and family members. The laundry room adds a unique touch of character with its beautiful custom stained-glass window. 2 car attached garage with plenty of additional storage space. Step outside and enjoy the true highlight of this property. The charming patio sitting area is the perfect place to relax with your morning coffee or unwind while taking in the tranquil waterfront setting. The expansive lot extends all the way to the water's edge, offering direct access to the lake and your own private dock, making it easy to enjoy boating, fishing, kayaking, or simply taking in the scenic views from your backyard. This rare waterfront ranch combines modern updates, picturesque lake views, and a serene location, making it an exceptional opportunity to enjoy lakefront living at its finest.
Full Property Details
Full Property Details for 3321 Willow Ln
General
- Price: $349,900
- Taxes: $4,786 (2025)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12662674
- Updated: 6/1/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Street Paved
Interior
- Basement: Crawl Spac
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Built-in Features
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Cable TV, Ceiling Fan(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Island Lake
- County: Lake
- Township: Wauconda
- Driving Directions: From State Rd head North on Greenleaf Ave, Turn West on Forest Dr, North on Eastway Dr, West on Channel Dr, South on Willow to property.
School Information
- School District: 118
- Elem School District: 118
- Midd School District: 118
- High School District: 118
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
- Model: Ranch
- Construction: Cedar
- Exterior Const.: Cedar
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Asphalt
- Square Feet: 1,100
- Sq. Ft. Source: Estimated
- Built Before 1978: Yes
Manufactured Home
- Model: Ranch
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 120 x 166 x 122 x 143
- Fence: Yes
- Lot Features: Views
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water Front Name: ISLAND LAKE
- Water Front Desc.: Lake Privileges
- Water Front View: Back of Property
- Lake Front: Yes
Financial Considerations
- Parking Included: Yes
- Tax Amount: $4,786
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9211100520000
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Schools
Schools serving 3321 Willow Ln
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.
Price & Sales History for 3321 Willow Ln
Date
Details
Price
Change
Source
5/30/2026
Listed
$349,900
—
MLS
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 3321 Willow Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,597
15%
$78,836
7%
2024
$3,985
-5%
$73,851
20%
2023
$4,199
6%
$61,368
13%
2022
$3,966
5%
$54,339
6%
2021
$3,790
—
$51,345
5%
2020
$3,784
9%
$48,938
2%
2019
$3,460
-4%
$47,871
4%
2018
$3,601
—
$46,014
1%
2017
$3,585
7%
$45,482
6%
2016
$3,363
6%
$43,070
9%
2015
$3,160
-7%
$39,539
—
2014
$3,397
-10%
$39,539
-1%
2013
$3,765
-2%
$40,065
-15%
2012
$3,826
—
$47,406
—
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 3321 Willow Ln
3321 Willow Lane, Island Lake, IL 60042 (MLS# 12662674) is a Single Family property with 2 bedrooms and 2 full bathrooms. 3321 Willow Lane is currently listed for $349,900 and was received on May 30, 2026. Want to learn more about 3321 Willow Lane? 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.
