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    216 S Shore Dr Island Lake, IL 60042

    Sponsored
    For Sale
    $184,900

    Land - Island Lake, IL

    Lot size:
    0.69 Acres
    Days on Market:
    336
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 216 S Shore Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    09213020580000
    Lot size
    0.69 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    At Properties (847) 381-0300 [email protected]

    Listing agent Patricia Nelson (847) 381-0300 License #475192071

    Listing date Feb 9, 2025

    MLS# 11814754 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Island Lake Waterfront Land Opportunity

    This Island Lake property offers 249 feet of lake frontage across three lots, totaling 0.69 acres under a single PIN number and tax bill. The flat lot presents an opportunity for a walk-out basement, similar to the previous home on the site. Public water and sewer services are available, along with a concrete seawall. The property is located close to a park, public access points, shopping areas, and Route 12. Buyers are responsible for their own due diligence regarding soil conditions, permits, and perc tests. While subdivision is possible, village regulations prevent building a separate home on the third lot due to insufficient street space for a driveway. The property tax bill is expected to be lower due to the removal of the previous house. The location allows for boating and swimming activities. The property is intended for residential use, offering the potential to build a waterfront home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Island Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.195109
    Latitude
    42.275396

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      Island Lake Live/Work Compound

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    FAQs

    What type of property is this?
    Land - Waterfront land with 249 feet of lake frontage.
    Where is this land located?
    The property is located at 216 S Shore Dr Island Lake, IL.
    What is the asking price?
    The asking price for this property is $184,900.
    What are key features of this property?
    This property features: - **249 feet of lake frontage on Island Lake**; - Three lots included under one PIN and tax bill on .69 acres; - Opportunity to build a waterfront home
    (847) 913-5284
    Request Owner's contact information
    216 S Shore Dr Island Lake, IL 60042
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    Island Lake, IL 60042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216 S Shore Dr Island Lake, IL 60042
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