OFF MARKET

Off Market Jan 2024 for $890K

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Studio

•

— ba

•

—

sq ft

205 W State Rd, Island Lake, IL 60042

About this home

B-1 Zoned. Current use is Multi-unit on one pin#. History of the property is that it used to be a fishing resort with an in ground swimming pool, a lodge and a concession stand. All units are leased. This is a very well maintained and cared for property and has been in the family for 45 years! It consists of three single family homes, two garages, and four one bedroom unit building. One garage has been subdivided to create storage units for the apartment and the two back home tenants. Second garage is rented out as storage. Asphalt drive and parking lot were paved last year. Agent can send you the link for the property website with interior pictures.

Multi-familyProperty Type

1960Year Built

1.6 acresLot Size

Listed by Dorene Swanson • Glacier Realty, Inc.

Bought with Pietro Losacco • New Concept Realty

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #11876663

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 60042, IL

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.6%

+0.6% MoM

Median sale price

$354K

$19K MoM

Avg. days on market

45d

5 days MoM

Recently sold homes

11 MoM

New listings for sale

OPEN SAT, 9AM TO 11AM
$359,900
3 beds1.5 baths1,700 sq ft
3612 Hale Ln, Island Lake, IL 60042
$309,000
3 beds1 bath1,090 sq ft
886 Quincy Ct, Island Lake, IL 60042
EARLY ACCESS
505 Newbury Dr, Island Lake, IL 60042
$275,000
3 beds1.5 baths1,297 sq ft
505 Newbury Dr, Island Lake, IL 60042
See all

Provided by Redfin

Sale history for 205 W State Rd

Year

Property tax

Land + Additions

Assessment*

2025

$19,214 (+10.3%)

$36,753 + $205,024

$241,777

2024

$17,425 (+3.3%)

$33,567 + $187,254

$220,821

2023

$16,864 (−9.4%)

$30,102 + $167,926

$198,028

2022

$18,611 (+2.9%)

$33,236 + $153,567

$186,803

2021

$18,095 (+14.2%)

$31,161 + $143,978

$175,139

2020

$15,841 (+0.8%)

$15,735 + $140,811

$156,546

2019

$15,710 (+5.5%)

$14,960 + $133,876

$148,836

2018

$14,896 (+2.6%)

$14,052 + $125,752

$139,804

2017

$14,519 (+2.1%)

$14,052 + $125,752

$139,804

2016

$14,222 (+1.0%)

$13,462 + $120,475

$133,937

2015

$14,088 (−2.0%)

$12,844 + $114,946

$127,790

2013

$14,369 (+2.6%)

$12,224 + $109,394

$121,618

2012

$14,006 (+10.2%)

$12,986 + $116,216

$129,202

2011

$12,705 (+10.1%)

$13,806 + $123,555

$137,361

2010

$11,541 (−18.2%)

$14,874 + $122,486

$137,360

2008

$14,117 (+7.4%)

$15,839 + $177,790

$193,629

2007

$13,145

$15,426 + $173,150

$188,576

Tax history for 205 W State Rd

Year

Property tax

Land + Additions

Assessment*

2025

$19,214 (+10.3%)

$36,753 + $205,024

$241,777

2024

$17,425 (+3.3%)

$33,567 + $187,254

$220,821

2023

$16,864 (−9.4%)

$30,102 + $167,926

$198,028

2022

$18,611 (+2.9%)

$33,236 + $153,567

$186,803

2021

$18,095 (+14.2%)

$31,161 + $143,978

$175,139

2020

$15,841 (+0.8%)

$15,735 + $140,811

$156,546

2019

$15,710 (+5.5%)

$14,960 + $133,876

$148,836

2018

$14,896 (+2.6%)

$14,052 + $125,752

$139,804

2017

$14,519 (+2.1%)

$14,052 + $125,752

$139,804

2016

$14,222 (+1.0%)

$13,462 + $120,475

$133,937

2015

$14,088 (−2.0%)

$12,844 + $114,946

$127,790

2013

$14,369 (+2.6%)

$12,224 + $109,394

$121,618

2012

$14,006 (+10.2%)

$12,986 + $116,216

$129,202

2011

$12,705 (+10.1%)

$13,806 + $123,555

$137,361

2010

$11,541 (−18.2%)

$14,874 + $122,486

$137,360

2008

$14,117 (+7.4%)

$15,839 + $177,790

$193,629

2007

$13,145

$15,426 + $173,150

$188,576

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

2.18 Acres

Year renovated

—

Sq. Ft.

2,280

Year built

1960

Style

Single Family Residential

County

McHenry County

APN

15-20-478-026

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 15, 2026.

Property details

Exterior

Building Information
# of Units: 7
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Multi Family 5+
Ownership Type: Limited Partnership
Parcel Number: 1520478026

Lot Information
Dimensions: 149X418X100X176X246X170
Zoning: COMMR

Financial

Tax Information
Tax Year: 2022

Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 10
Total Monthly Income: $7,855
Gross Income: $94,260

Utilities

Heating & Cooling
Heat/Ventilation: Forced Air

Location

Location Information
Township: Nunda
Directions: Rt 176 close to Roberts Rd. Intersection. Driveway is on the South side of Rt 176 and to the right of the drive for 207 W. State Rd. The addresses are 205, 207, 209A and 209B all on one pin #

Public facts

Beds: 4
Baths: —
Sq. Ft.: 2,280
Stories: 2.0
Lot Size: 2.18 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: McHenry County
APN: 15-20-478-026

Home facts updated by county records on Jun 15, 2026

Other

Listing Information
Some Photos Virtually Staged?: No

Around this home

Schools

Cotton Creek School

Public PreK-5 • Assigned • 0.5mi

6/10

Matthews Middle School

Public 6-8 • Assigned • 1.1mi

5/10

Wauconda High School

Public 9-12 • Assigned • 2.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Island Lake, IL • 60042

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

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Nearby similar homes

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New listings for sale in 60042

OPEN SAT, 9AM TO 11AM

$359,900

3 beds1.5 baths1,700 sq ft

3612 Hale Ln, Island Lake, IL 60042

$309,000

3 beds1 bath1,090 sq ft

886 Quincy Ct, Island Lake, IL 60042

EARLY ACCESS

$275,000

3 beds1.5 baths1,297 sq ft

505 Newbury Dr, Island Lake, IL 60042

Home values near 205 W State Rd

Data from public records.

Address	Redfin Estimate
203 W State Road, Island Lake, IL 3 Beds \| 1 Baths \| 1560 Sq. Ft.	$320,426
202 Janet Drive, Island Lake, IL 4 Beds \| 5.5 Baths \| 4779 Sq. Ft.	$643,817

Address	Redfin Estimate
214 Janet Drive, Island Lake, IL 1 Beds \| 1 Baths \| 720 Sq. Ft.	$186,428
101 Bassler Drive, Island Lake, IL 4 Beds \| - Baths \| 2130 Sq. Ft.	$355,625

Address	Redfin Estimate
116 Janet Drive, Island Lake, IL 2 Beds \| 1 Baths \| 1200 Sq. Ft.	$235,093
4007 Roberts Road, Island Lake, IL 2 Beds \| - Baths \| 904 Sq. Ft.	$252,621

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 60042, IL

Sale history for 205 W State Rd

Tax history for 205 W State Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60042

Home values near 205 W State Rd

More real estate resources