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IL area data

Island lake, IL

Island lake, IL.

Population: 8,347 (Census ACS)

Home values & appreciation

Median home value
$309,266
1-year appreciation
+6.3%
3-year appreciation
+19.5%
5-year appreciation
+39.1%
10-year appreciation
+94.5%
All-time peak (2026-07)
$309,266
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$335,000
Median list price
$350,000
Median days on market
40 days
Sale-to-list ratio
101.0%
Active listings
29
1-year forecast
+2.1%
New listings (monthly)
15

Rents

Typical rent
$1,873/mo
1BR fair-market rent
$2,000/mo
3BR fair-market rent
$2,900/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, strongWind, tornado, hail, inlandFlooding

Climate (30-year normals)

Annual precipitation
42.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
191
Days with Unhealthy air quality
4

Walkability & transit

Walkability index
7.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Pullman National Historical Park (50 mi)
Nearest airport
Campbell Airport (7 mi)
Nearest major airport
Chicago Executive Airport (PWK) (19 mi)
Hospitals nearby (~15 mi)
11
Avg hospital rating
4.0 / 5
EV charging stations (within 10 mi)
10
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+54 tax filers

Housing stock

Median year housing built
1,989
Median annual property tax
$6,374
Mean commute to work
27 min
Households with broadband internet
87.0%

Employment & development

Total county employment
82,414
Average weekly wage
$1,024
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
858

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents