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Island Lake, IL Land for Sale

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Mchenry, IL Crystal Lake, IL Holiday Hills, IL Wauconda, IL Port Barrington, IL Prairie Grove, IL Volo, IL Lakemoor, IL
Residential Land in Island Lake
Updated: Sep 23, 2025
Residential Land in Island Lake

Park Drive lot: 23, Island Lake, IL 60042

Contact for pricing
Build your dream home on this vacant lot.
Lot dimensions: 137X60.
Favorable location.
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Signalized Intersection Commercial Land
Updated: Dec 15, 2015
Signalized Intersection Commercial Land

NEC Route 176 & Westridge Drive, Island Lake, IL 60042

$1,500,000
7.51 AC lot
7.51 acres of commercial land
Northeast corner of Route 176 and Westridge Drive
Signalized intersection location
Mostly level site
COMMR zoning
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Residential Home Lot
Residential Home Lot

Lot 23 Park Drive, Island Lake, IL 60042

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0.19 AC lot

Residential lot offered for sale with build-ready opportunity and easy drive-by viewing.

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Residential Cul-de-Sac Home Site
Residential Cul-de-Sac Home Site

244 Red Oak Court, Island Lake, IL 60042

$49,900

Build-ready residential lot on a private cul-de-sac in a prairie woods subdivision.

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Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 4 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Land Lot With Fox River Access
Waterfront Land Lot With Fox River Access

Holiday Drive lot: 20, Holiday Hills, IL 60051

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0.18 AC lot

Vacant waterfront lot with direct access to the Fox River, near conservation areas and outdoor recreation destinations.

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Wooded Waterfront Land
Wooded Waterfront Land

NE Shore Dr lot: W, Holiday Hills, IL 60051

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2.22 AC lot

Timbered recreational parcel with private shoreline access and a no-building zoning restriction.

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Residential Building Lot
Residential Building Lot

Lot 8 West Plum Street South, Mchenry, IL 60050

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Single residential lot in Rimas Lodge Subdivision with completed soil test.

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Nearly Level Residential Land Lot
Nearly Level Residential Land Lot

Lot 7 Dowell Road, Mchenry, IL 60050

$45,000

Nearly level wooded lot with a rectangular shape and adequate drainage for single-family home construction.

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Off-Market Properties in Island Lake, IL

Consider similar Off-Market properties in Island Lake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

129 State Rd
VACANT COMMERCIAL LAND

129 State Rd, Island Lake, IL 60042-1043

$1,800,000
Estimated value
0.01 AC lot
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129 State Rd
VACANT COMMERCIAL LAND

129 State Rd, Island Lake, IL 60042-1043

$1,800,000
Estimated value
0.96 AC lot
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28461 Burnett Rd
INDUSTRIAL - VACANT LAND

28461 Burnett Rd, Island Lake, IL 60042

$2,675,000
Estimated value
1.75 AC lot
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27999 Beech St
VACANT COMMERCIAL LAND

27999 Beech St, Island Lake, IL 60042-8490

$60,000
Estimated value
0.20 AC lot
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27888 Beech St
VACANT COMMERCIAL LAND

27888 Beech St, Island Lake, IL 60042-8402

$1,080,000
Estimated value
5.00 AC lot
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116 State Rd
VACANT COMMERCIAL LAND

116 State Rd, Island Lake, IL 60042-9645

$130,000
Estimated value
825 sqft 0.10 AC lot
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118 State Rd
VACANT COMMERCIAL LAND

118 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.10 AC lot
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122 State Rd
VACANT COMMERCIAL LAND

122 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.10 AC lot
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120 State Rd
VACANT COMMERCIAL LAND

120 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.10 AC lot
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126 State Rd
VACANT COMMERCIAL LAND

126 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.10 AC lot
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124 State Rd
VACANT COMMERCIAL LAND

124 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.10 AC lot
View details
104 State Rd
VACANT COMMERCIAL LAND

104 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.10 AC lot
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102 State Rd
VACANT COMMERCIAL LAND

102 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.09 AC lot
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108 State Rd
VACANT COMMERCIAL LAND

108 State Rd, Island Lake, IL 60042-9645

$275,000
Estimated value
0.10 AC lot
View details
210 State Rd
VACANT COMMERCIAL LAND

210 State Rd, Island Lake, IL 60042-9551

$180,000
Estimated value
1,433 sqft 0.11 AC lot
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414 State Rd
VACANT COMMERCIAL LAND

414 State Rd, Island Lake, IL 60042-9211

$270,000
Estimated value
0.13 AC lot
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414 State Rd
VACANT COMMERCIAL LAND

414 State Rd, Island Lake, IL 60042-9211

$280,000
Estimated value
0.07 AC lot
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27475 Darrell Rd
VACANT COMMERCIAL LAND

27475 Darrell Rd, Island Lake, IL 60042

$285,000
Estimated value
1.07 AC lot
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314 State Rd
VACANT COMMERCIAL LAND

314 State Rd, Island Lake, IL 60042-9527

$275,000
Estimated value
0.14 AC lot
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Il Rte 176
VACANT COMMERCIAL LAND

Il Rte 176, Island Lake, IL 60042

$290,000
Estimated value
0.80 AC lot
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Island Lake, IL Land Market Trends and Statistics

Explore 31 land for sale in Island Lake, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 335,412 square feet of properties for sale, with an estimated market value of $1,549,900.

Sale prices for lots in Island Lake, IL start at $49,900, averaging $774,950, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 3
Commercial land 1

Demographics Overview

Population 8,630
Population Growth (5Y) +2.5%
Median Household Income $94,613
College Educated 34.3%

High-Yield Neighborhoods for Investment

Identify Island Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60042 $1.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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