new - 2 days on rocket

Backup Offers

116 Northern Ter, Island Lake, IL, 60042

$269,000

Home List Price

$3,194*

Closing Credit

3 Bedrooms
2 Full Baths
1,760 SqFt
$153/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

116 Northern Ter, Island Lake$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1938
HeatingSteam
CoolingCentral Air
BasementYes
WaterfrontFencing, Waterfront, Lake Access
MLS #12208344
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Contingent)

About 116 Northern Ter

Welcome to 116 Northern Terrace, a charming and inviting 3-bedroom, 2-bath home; the lower level master suite has heated floors throughout! This delightful property sits on a spacious double lot and features an oversized detached garage with ample storage space for vehicles, tools, and outdoor equipment, as well as a double door for easy access! The beautifully landscaped, fenced-in yard provides a safe and private retreat for outdoor activities, gardening, or simply relaxing. The front of the home offers a large wrap-around deck where you can enjoy some R&R while soaking in the peaceful Lake views and AMAZING sunsets. Inside, you'll find a warm and cozy atmosphere, perfect for family gatherings or quiet evenings at home. With its convenient location and thoughtful design, this home truly offers a perfect blend of comfort and functionality. QUICK CLOSE, YOU CAN BE HOME FOR CHRISTMAS, don't miss out on the opportunity to make it yours! * Where new memories begin and old ones are cherished*

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1938
  • Living Area: 1,760 SqFt

Listing Office:

  • Office Name: Keller Williams North Shore West
  • Office Phone: (847) 383-6600
  • Listing Agent: Lisa Jensen

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Fencing, Waterfront, Lake Access
  • Exterior: Deck, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing, Riparian Water Rights, Views, Trees
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Burnett E of S. River (Park at 116 Burnett - ENTER FROM BACK, LOCK BOX BACK DOOR.

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $153/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Island Lake, IL.

Map thumbnail provided by MapBox

Island Lake, IL

City

Med. Sold Price

$266.1K

Med. Price/SqFt

$181

Avg. Days On Market

15

# of Sold Homes

14

116 Northern Ter vs Island Lake

2 DAYS ON ROCKET

-13 Days

$269,000

+$2.9K More

$153/SqFt

-$28 Less

KEY TAKEAWAY

This property is $2.9K more than the Median Sold Price and $28/SqFt less than other homes in Island Lake, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12208344

Listing Office:

  • Office Name: Keller Williams North Shore West
  • Office Phone: (847) 383-6600
  • Listing Agent: Lisa Jensen

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:15:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 15, 2014Home Sold
$121,000
Aug 15, 2014Home Sold
$121,000
Apr 01, 2014Home Sold
$36,301
Apr 01, 2014Home Sold
$36,301
Jul 26, 2007Home Sold
$152,000
Jul 26, 2007Home Sold
$152,000
May 07, 2001Home Sold
$134,000
May 07, 2001Home Sold
$134,000

History based on county public records data.

Payment Calculator

$1,410

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-440484
5
/10

  • Cotton Creek Elementary School

  • 545 Newport Ct

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-440485
8
/10

  • Robert Crown Elementary School

  • 620 W Bonner Rd

  • 2.15 miles

  • Public District Grades KG-5

school-card-donut-440486
6
/10

  • Wauconda Grade Elementary School

  • 225 Osage St

  • 3.12 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,584. Residents of Island Lake, IL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Northern Ter

What is the listing price of this property?

The listing price of 116 Northern Ter property is $269,000.

What type of property is this?

The property 116 Northern Ter is a house located in Island Lake, Illinois, 60042.

Is this property for sale now?

Accepting Backup Offers: 116 Northern Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

When was this property sold last time and for how much?

The last sale was on August 15, 2014 for $121,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 Northern Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 116 Northern Ter is 1,760 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Northern Ter is 1938.

Rocket Homes›Illinois›Lake County›Island Lake›60042›116 Northern Ter

This home is located at 116 Northern Ter in Island Lake, IL and zip code 60042 in the Island Lake Estates neighborhood. This 1,760 square foot home, which was built in 1938, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $269,000.

In October 2024 more than 7 listings in Island Lake, IL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. In October 2024 in Island Lake, IL there were 16.1% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $266,100, while the average time on the real estate market was 15 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources