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Channel Lake, IL
Full City Profile · Illinois · McHenry County County
3.0
/5.0
B
Good
1,988
Population
1,104/sq mi density
$63,958
Median Income
$33,993 per capita
$210,400
Home Value
$245,832 Zillow
$1,526
Median Rent
44.9% income on rent
49°F
Avg Temperature
261 sunny days/yr
111
Violent Crime/100K
1,563 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$63,958 median income, 2.3% unemployment
A+
Affordability
4.8 / 5.0
$210,400 home value, $1,526/mo rent
F
Safety
1.0 / 5.0
111 violent crimes/100K
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher
Housing Overview
Median Home Value
$210,400
25% below
US avg: $281,900
Median Rent
$1,526/mo
31% above
US avg: $1,163/mo
Homeownership Rate
78.7%
20% above US avg (65.4%)
Total Housing Units
816
Median year built: 1959
Home Value by Source
Census Median
$210,400
Zillow (ZHVI)
$245,832
Median Sale Price
$590,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.7%
Owner-Occupied
21.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,526/mo
Market Indicators (Redfin)
Median Days on Market
349 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$333
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
44.9%
of renters spending 30%+ of income on housing
45% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
78.7%
Complete Housing Data
Home Values
| Census Median Value | $210,400 |
| Zillow Home Value (ZHVI) | $245,832 |
| Median Sale Price | $590,000 |
| Price Per Sq Ft | $333 |
Rent
| Census Median Rent | $1,526 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 349 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 6 |
| Price Per Sq Ft | $333 |
Ownership & Stock
| Owner-Occupied | 78.7% |
| Renter-Occupied | 21.3% |
| Homeownership Rate | 78.7% |
| Total Housing Units | 816 |
| Median Year Built | 1959 |
| Rent Burden | 44.9% |