2970 Kingston Drive, Island Lake purchased by Hines (trust)

The home at 2970 Kingston Drive, Island Lake, Lake County, was sold on July 1 by Michael Jay Board Thilmany for $585,000.

Hines (trust) was listed as the buyer.

Property taxes on the home totaled $11,596 in 2023, or 2% of the sale price.

This property is one of five sales in Island Lake, Lake County, between June 1 and July 1.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.