26048 West Forest Avenue

Off Market

26048 West Forest Avenue

Channel Lake IL 60002

0.39 ac.

Multi-Family

Last sold for $900,000

Patricia Smarto, last sold this property on 25 February 2026 after 736 days on market.

Overview

Welcome to your dream investment property with 161 feet of Lake Marie frontage! This stunning Lake Marie lakefront retreat boasts not one, but two legal rental units, perfect for lucrative short-term rentals or as your getaway with rental income potential. The upper unit offers spacious living with three bedrooms and two bathrooms. The kitchen, eating area and family room flow seamlessly together. The kitchen has a breakfast bar, room for a large table to tons of counter space. You'll always be in the action as the kitchen is open to the cozy living room with a fireplace. You'll enjoy panoramic views of Lake Marie from both. The master suite is a sanctuary unto itself, featuring a luxurious ensuite bathroom with a large tub for unwinding after a long day. The two additional bedrooms share a well-appointed bathroom. Convenience is key with in-unit laundry facilities, ensuring your guests have everything they need for a comfortable stay. Step outside onto the lakefront deck and soak in the breathtaking views while enjoying your morning coffee or evening cocktail. The lower unit is equally inviting, offering two bedrooms plus a den and two full bathrooms. Imagine relaxing on the lakefront patio, taking in the serene surroundings and listening to the gentle lapping of the waves. The two units are connected by a staircase if you have a large group and want to spread out to both units. But the beauty doesn't stop there. This property is designed for outdoor enjoyment with two fire pit areas, perfect for cozy evenings under the stars. A lakefront stamped concrete patio provides ample space for entertaining or simply lounging lakeside. For water enthusiasts, there's a pier and boat launch, making it easy to explore the pristine waters. Need storage space for all your outdoor gear, boats and jet skis? The 26 x 77 pole barn allows you to store them all. Or, if you're a car enthusiast you'll love the pole barn's unobstructed space. You could also rent the space for additional income. Don't miss out on this rare opportunity to own a piece of paradise with endless rental potential. Property is being sold turn key so you can start enjoying it on day 1! Schedule your showing today and start living the lake life you've always dreamed of!

Features

5 bedrooms

4 bathrooms

10 carspaces

0.39 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Channel Lake over the last 12 months.

Property history for 26048 West Forest Avenue

2026

Sold

$900,000

25 Feb 2026 by Patricia Smarto, of Lakes Realty Group

2020

Sold

$360,000

04 Nov 2020 by Patricia Smarto, of Lakes Realty Group

Happy sellers in Channel Lake

56%

56% of sellers in Channel Lake reported that their sale price either exceeded or met their price expectations.

Channel Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Channel Lake over the last 12 months.

Local market activity for 5 bedroom multi families in Channel Lake

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Channel Lake for a market analysis.

Darlene Barnas

at ReMax Advantage Realty

(30 reviews)

Get a market analysis

Rachael West

at West Homes

(94 reviews)

Get a market analysis

Barb Bloomfield | Real Estate Agent & Advisor

at Keller Williams Success Realty

(64 reviews)

Get a market analysis

Jason Bauer

at REMAX Suburban | Lake Zurich

(5 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Channel Lake

Darlene Barnas

Darlene Barnas is an award winning recommended agent for Channel Lake. They have 3 local sales and collected 3 local reviews across the last 12 months.

5 (30 reviews)
3 Reviews in Channel Lake
3 Sales in Channel Lake

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Rachael West

Sellers who recommend Rachael West have praised them for being local expert, responsive, clear communication, supportive, friendly, dedicated, and empathetic