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2 Beds
2 Baths
1,594 sqft

$369,900

402 Channel Drive, Island Lake IL, 60042

Price per sqft$232.06
Built in1952
Property size1,594 sqft
Property typeResidential
Listed by Marla Schneider with Coldwell Banker Realty 847-724-5800

Overview

Active

New

Listed Oct 9, 2026

Updated 2h ago

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.

$2,461/mo

Est. mortgage payment based on a $369,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12780527

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$5,590
Tax Frequency
Annually
Garage
Yes
Waterfront
Yes
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Listed by Marla Schneider with Coldwell Banker Realty 847-724-5800

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Data is refreshed every 3 hours. Listing last updated 6:38 AM UTC on 10/10/2026. 

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