Iso cabs generally leak some sound, unless they're seriously huge and heavy. I built one a few years ago to hold a Celestion 10" Greenback, which is a pretty insensitive speaker as guitar speakers go. The inner and outer boxes were 1/2" MDF with 3" of heavy rockwool and 1" of the acoustic foam used to isolate drum kits from stages between them and under the base and it was good for around 30dB of noise reduction. This was not a small or lightweight box.
Which meant leakage of around 60-70 db with it on a concrete floor, and noticable added rumble if it was put on floorboards. It's surprising how much noise even a 15 watt amp can push out. Still, getting down to the volume of a moderately loud conversation was an improvement on what went before.
These days I often use a Palmer speaker sim DI box and a Palmer reactive load to replace the actual physical speaker and provide the required load to the amps. Works pretty well, I can't easily tell the Palmer (via nearfields) and a guitar speaker apart after a minimal bit of eqing, at least not until pushing the kind of volume that makes a speaker really start to break up. It might not be the exact response of a speaker, but it's very close and does away with mic placement, room issues and mic frequency response issues completely. I've never quite understood why so many emulators are big on emulating microphones - using a mic is a necessary compromise with a real speaker, but it is always a compromise and to my mind one that would be better done away with if possible.