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223 E State Road,  Island Lake IL, 60042

(Active)
$2,499,000
|
42,000 sqft
|
MLS# 11745907
Last Updated: 5/18/2024 11:46 AM
Description for 223 E State Road Island Lake, IL 60042
4.41 acre redevelopment, owner/user, or investor opportunity! Three separate freestanding buildings featuring a 25,670 SF established, long-operating grocery store; a freestanding 16,486 SF vacant retail building and a freestanding 1,610 SF vacant bank building with two drive-thru lanes on the east end of the property. Outstanding corner lends itself to a long list of permitted uses with B-1 & B2 zoning! Over 17,300 vehicles per day pass this site! Heavy exposure on main east/west corridor, Route 176 and north/south thoroughfare Rand Road.
Price
$2,499,000
Lake
42,000 (approx)
11745907
Active
Description
4.41 acre redevelopment, owner/user, or investor opportunity! Three separate freestanding buildings featuring a 25,670 SF established, long-operating grocery store; a freestanding 16,486 SF vacant retail building and a freestanding 1,610 SF vacant bank building with two drive-thru lanes on the east end of the property. Outstanding corner lends itself to a long list of permitted uses with B-1 & B2 zoning! Over 17,300 vehicles per day pass this site! Heavy exposure on main east/west corridor, Route 176 and north/south thoroughfare Rand Road.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
4.41 Acres 42,000 (approx) 1981
1 Brick
Wauconda//
Commercial
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick
568 X 340
Driving Directions
West of RT #12 on State Road (#176)
Financial Considerations
09213000100000
$109,232
Listing Price History

Island Lake Real Estate

Island Lake is located in Illinois. Island Lake, Illinois 60042 has a population of 8,020.

The median household income in Island Lake, Illinois 60042 is $83,392. The median household income for the surrounding county is $91,525 compared to the national median of $66,222. The median age of people living in Island Lake 60042 is 39 years.

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Courtesy: Blue Chip Commercial Real Estate
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/18/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/18/2024 11:46 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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