60042
Island Lake, Illinois.
Island Lake, McHenry County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 8,347
to buy the typical home at today's mortgage rate — +$935 (+138%) since Jan 2020.
- 1 year
- Up $17,339 +6%
- $289,725$307,064 since Sep 2025
- 5 years
- Up $85,785 +39%
- $221,279$307,064 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 60042$1,612
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in zip 60042 rose 6.0% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Lake County, IL 57% · McHenry County, IL 43%
Zillow also publishes an index for the city itself: Island Lake, IL — measured over the city limits, which is a different area from this zip.
Typical home value — 60042
Mid-tier homes, smoothed and seasonally adjusted.
- 60042$307,064
- Chicago$355,650
- United States$366,157
Within 20 miles
Showing 30 of 62 zips in range — sorting picks from all 62.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.1 | 60084 | Wauconda | 17,192 | — | $366,979 |
| 4.5 | 60013 | Cary | 26,694 | $2,583 | $382,573 |
| 5.1 | 60051 | Mchenry | 24,621 | $1,974 | $332,477 |
| 5.8 | 60012 | Crystal Lake | 12,368 | — | $486,409 |
| 5.9 | 60021 | Fox River Grove | 4,996 | $2,100 | $362,104 |
| 6.0 | 60050 | Mchenry | 31,781 | $1,851 | $313,516 |
| 6.6 | 60041 | Ingleside | 9,024 | — | $308,646 |
| 6.9 | 60073 | Round Lake | 62,868 | $2,494 | $281,120 |
| 7.4 | 60014 | Crystal Lake | 48,590 | $1,963 | $368,086 |
| 8.1 | 60060 | Mundelein | 37,344 | $2,358 | $391,057 |
| 8.1 | 60020 | Fox Lake | 10,970 | $1,600 | $267,418 |
| 8.7 | 60030 | Grayslake | 35,792 | $2,299 | $358,110 |
| 8.9 | 60010 | Barrington | 45,747 | $3,125 | $732,042 |
| 9.4 | 60047 | Lake Zurich | 44,240 | $3,191 | $663,464 |
| 9.8 | 60102 | Algonquin | 32,286 | $2,370 | $415,406 |
| 9.8 | 60156 | Lake In The Hills | 28,800 | $2,184 | $377,901 |
| 10.4 | 60072 | Ringwood | 870 | — | $505,691 |
| 11.5 | 60097 | Wonder Lake | 11,983 | — | $294,105 |
| 11.7 | 60046 | Lake Villa | 34,613 | $2,258 | $361,602 |
| 11.7 | 60110 | Carpentersville | 38,558 | $2,297 | $294,633 |
| 11.9 | 60081 | Spring Grove | 9,088 | — | $425,415 |
| 12.5 | 60061 | Vernon Hills | 27,974 | $2,587 | $457,024 |
| 12.9 | 60048 | Libertyville | 29,124 | $2,185 | $628,092 |
| 13.1 | 60118 | Dundee | 15,892 | $2,419 | $419,336 |
| 13.4 | 60074 | Palatine | 36,460 | $1,945 | $315,140 |
| 13.6 | 60098 | Woodstock | 33,130 | $1,474 | $341,571 |
| 13.7 | 60067 | Palatine | 38,204 | $1,815 | $486,266 |
| 14.0 | 60071 | Richmond | 3,851 | $1,300 | $393,901 |
| 14.0 | 60002 | Antioch | 24,232 | $2,011 | $358,741 |
| 14.3 | 60192 | Hoffman Estates | 16,461 | — | $506,830 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.