Picture of Chicago

Island Lake Communities with Inventory for Sale

Looking for spec homes in Island Lake, IL? Spec homes combine convenience with new home luxury. New home builders construct spec homes, also called inventory homes, before they have a buyer. They are available as move-in ready homes or at various stages of construction. They offer the perfect solution for buyers wanting quality and customization without waiting for their new home to be built.

While a fully custom home can take six months to a year to complete, spec homes can be yours from now or as much as three months out. That time saved also saves you money by improving or eliminating the problem of holding double mortgages. It also saves you the trouble and investment of finding temporary housing in Chicago. Many builders keep a consistent schedule of spec builds, to ensure they have several homes available at various stages of completion. This ensures you can find your perfect balance between customization and final availability.

Even with the convenience of fast availability, spec homes in Chicago, IL offer all of the benefits one would expect from a new home. For starters, those who invest in a spec home while still in the construction phase can enjoy several customization options, depending on the builder and the stage of construction. From appliances to flooring to countertops and everything in between, you'll never have to compromise to meet your modern needs when you invest in a new home.

NewHomeSource provides an ideal platform to find your perfect inventory home in Chicago, IL today. Our listings are comprehensive, and our amenity filters allow you to narrow these results to identify all the homes that meet your exact needs. Your perfect home is in the works. Let NewHomeSource help you find it!

If you're looking for the perfect new home in Chicago, IL, you've come to the right place. NewHomeSource.com is the Internet's leading provider of new homes in Chicago. Choose from a list of Chicago new home communities, with predefined condo, townhome or house plans, or pick a Chicago homebuilder and have a custom home built on your own lot. Whether you choose a new house in a Chicago home community or prefer a custom home built by a homebuilder in Chicago, you can't go wrong using NewHomeSource.com to get your new home search started.

Distance

Radius

Exact

25 mi

Exact Location

Cancel Update

Price

Price


to


Cancel Update

Beds & Baths

Bedrooms
Bathrooms

Cancel Update

Schools

School Districts

    Cancel Update

    More

    Home Type
    Home Status
    Special Offers
    Garages
    Living Areas
    Stories/Floors
    Master Bedroom
    Amenities




    Cancel Update



    36 Communities

    All Quick Move-In

    All Hot Deals

    Island Lake, IL Communities

    Walnut Glen by William Ryan Homes

    Walnut Glen by William Ryan Homes in Chicago Illinois
    homes in Walnut Glen by William Ryan Homes
    William Ryan Homes in Island Lake, IL

    From $266,990 - $335,990

    2320 Walnut Glen Blvd
    Island Lake, IL 60042

    Map

    Builder Community
    1 home matches your search

    Nearby Communities

    Link Crossing by K. Hovnanian® Homes

    Link Crossing by K. Hovnanian® Homes in Chicago Illinois

    Coming Soon

    K. Hovnanian® Homes in Buffalo Grove, IL

    North Grove Road & Brandywine Lane
    Buffalo Grove, IL 60089

    Map

    Builder Community

    Wentworth by M/I Homes

    Wentworth by M/I Homes in Chicago Illinois

    Coming Soon

    M/I Homes in Kildeer, IL

    23760 N Old McHenry Road
    Kildeer, IL 60047

    Map

    Builder Community

    North Pointe Estates by K. Hovnanian® Homes

    North Pointe Estates by K. Hovnanian® Homes in Chicago Illinois

    Coming Soon

    K. Hovnanian® Homes in Libertyville, IL

    417 Butterfield Road
    Libertyville, IL 60048

    Map

    Builder Community

    Tallgrass by Taylor Morrison

    Tallgrass by Taylor Morrison in Chicago Illinois
    homes in Tallgrass by Taylor Morrison
    Taylor Morrison in Lake Barrington, IL

    From $599,990 - $909,900

    24715 N. Blue Aster Lane
    Lake Barrington, IL 60010

    Map

    Builder Community
    4 homes match your search

    4.3 Miles Away

    Legacy of Barrington by Pulte Homes

    Legacy of Barrington by Pulte Homes in Chicago Illinois

    Close Out

    homes in Legacy of Barrington by Pulte Homes
    Pulte Homes in Barrington, IL

    From $679,990 - $699,990

    25711 W. Tara Drive
    Barrington, IL 60010

    Map

    Builder Community
    1 home matches your search

    4.3 Miles Away

    Remington Pointe North - The Prairies by Lennar

    Remington Pointe North - The Prairies by Lennar in Chicago Illinois
    homes in Remington Pointe North - The Prairies by Lennar
    Lennar in Volo, IL

    From $201,490 - $274,355

    174 N. Cornerstone
    Volo, IL 60020

    Map

    Builder Community
    3 homes match your search

    • Offers

    5 Miles Away

    Remington Pointe North - The Crossings by Lennar

    Remington Pointe North - The Crossings by Lennar in Chicago Illinois
    homes in Remington Pointe North - The Crossings by Lennar
    Lennar in Volo, IL

    From $240,990 - $363,320

    174 N. Cornerstone
    Volo, IL 60020

    Map

    Builder Community
    2 homes match your search

    • Offers

    5 Miles Away

    Andare at Remington Pointe North by Lennar

    Andare at Remington Pointe North by Lennar in Chicago Illinois
    homes in Andare at Remington Pointe North by Lennar
    Lennar in Volo, IL

    From $221,990 - $322,645

    1832 Alta Drive
    Volo, IL 60020

    Map

    Active Adult Community
    6 homes match your search

    • Offers

    5.5 Miles Away

    Stonebridge by William Ryan Homes

    Stonebridge by William Ryan Homes in Chicago Illinois
    homes in Stonebridge by William Ryan Homes
    William Ryan Homes in Hawthorn Woods, IL

    From $493,990 - $669,990

    119 Hubbard Lane
    Hawthorn Woods, IL 60047

    Map

    Builder Community
    2 homes match your search

    6.3 Miles Away

    \