Construction Value
$3.3M ▲ 87.4%
Units Permitted
14 ▲ 40%
Avg Value / Unit
$233K
2024 · Census Bureau Building Permits Survey
Construction activity in Island Lake jumped in 2024, up 40% from the prior year with 14 housing units permitted. At $233K per unit, new builds are in line with the Lake County average of $232K. Volume is still modest compared to neighboring towns (79% fewer units than the county average of 67), but the investment per project is strong. All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$407
per resident
County avg: $5K-91%
$968K
per square mile
Island Lake vs. Lake County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 14 | 14 | $3.3M | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 25 permit-issuing towns in Lake County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →
Building & Zoning