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Island Lake, IL Land for Sale

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Mchenry, IL Holiday Hills, IL Crystal Lake, 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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Commercial Land Redevelopment Opportunity
Updated: Oct 20, 2023
Commercial Land Redevelopment Opportunity

227 East State Rd, Island Lake, IL

$2,499,000
4.41 AC lot
4.41 total acres with 3 existing retail buildings offering redevelopment/value add opportunity.
567' of frontage on Route 176 with high traffic counts (17,300 per day).
Located in an affluent area with an average household income exceeding $109,397 within a 3‑mile radius.
Stoplight‑controlled intersection with multiple access points.
Ideal for a variety of uses including retail, fast food, restaurants, home improvement, hotels, and medical clinics.
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Land in Prairie Woods Subdivision
Land in Prairie Woods Subdivision

244 RED OAK Court lot: 77, Island Lake, IL 60042

$49,900

Residential land suitable for building a home with walk-out basement.

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Island Lake Commercial Land Available
Island Lake Commercial Land Available

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

$1,500,000
7.51 AC lot

Highly visible 7.5 acre commercial land for sale.

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Based on your search, we've compiled 36 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, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Timbered Lakefront Land Lot
Timbered Lakefront Land Lot

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

Contact for pricing
2.22 AC lot

Heavily wooded lakefront lot with restrictions on building, offering a private outdoor setting on Griswold Lake.

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Holiday Hills Riverfront Land Parcel
Holiday Hills Riverfront Land Parcel

Holiday Drive lot: 20, Holiday Hills, IL 60051

Contact for pricing
0.18 AC lot

Riverfront lot with access to Fox River and Chain-O-Lakes.

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Land For Sale Mchenry, IL
Land For Sale Mchenry, IL

Lot 1 Roberts Rd, Mchenry, IL 60051

Contact for pricing

Land available for sale in Mchenry, Illinois.

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McHenry Land Near Griswald Lake
McHenry Land Near Griswald Lake

Dowell Road lot: 7, Mchenry, IL 60050

$45,000
0.95 AC lot

Nearly one-acre wooded lot suitable for single-family home.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

68 Acres Tillable Land For Sale
68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000
68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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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

Value Estimation by Request
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

Value Estimation by Request
825 sqft · 0.10 AC lot
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118 State Rd
VACANT COMMERCIAL LAND

118 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.10 AC lot
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122 State Rd
VACANT COMMERCIAL LAND

122 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.10 AC lot
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120 State Rd
VACANT COMMERCIAL LAND

120 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.10 AC lot
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126 State Rd
VACANT COMMERCIAL LAND

126 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.10 AC lot
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124 State Rd
VACANT COMMERCIAL LAND

124 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.10 AC lot
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104 State Rd
VACANT COMMERCIAL LAND

104 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.10 AC lot
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102 State Rd
VACANT COMMERCIAL LAND

102 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.09 AC lot
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108 State Rd
VACANT COMMERCIAL LAND

108 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request
0.10 AC lot
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210 State Rd
VACANT COMMERCIAL LAND

210 State Rd, Island Lake, IL 60042-9551

Value Estimation by Request
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

Value Estimation by Request
0.13 AC lot
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414 State Rd
VACANT COMMERCIAL LAND

414 State Rd, Island Lake, IL 60042-9211

Value Estimation by Request
0.07 AC lot
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27475 Darrell Rd
VACANT COMMERCIAL LAND

27475 Darrell Rd, Island Lake, IL 60042

Value Estimation by Request
1.07 AC lot
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314 State Rd
VACANT COMMERCIAL LAND

314 State Rd, Island Lake, IL 60042-9527

Value Estimation by Request
0.14 AC lot
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Il Rte 176
VACANT COMMERCIAL LAND

Il Rte 176, Island Lake, IL 60042

Value Estimation by Request
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 0 square feet of properties for sale, with an estimated market value of $4,078,800.

Sale prices for lots in Island Lake, IL start at $29,900, averaging $1,019,700, and reaching up to $2,499,000 — 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

Commercial land 2
Residential land & home lots 2

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 $387.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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