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223 E State Road Island Lake, IL $ 2,499,000
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$ 2,499,000 Get more info
223 E State Road
$ 2,499,000
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223 E State Road

Island Lake, IL, 60042
$ 2,499,000
Bedrooms-- Baths-- Sq 42,000
223 E State Road, Island Lake, IL 60042 - Image 1
223 E State Road, Island Lake, IL 60042 - Image 2
223 E State Road, Island Lake, IL 60042 - Image 3
223 E State Road, Island Lake, IL 60042 - Image 4
223 E State Road, Island Lake, IL 60042 - Image 5

Property for Rent in Island Lake, IL

for $2,499,000. This 42,000 square foot property was built in 1981 on a lot size of 4.43343.

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.

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Rental Contingent

Price

$ 2,499,000

Taxes

$ 109,232

Style

Commercial

Lot Size

4.43343

Year Built

1981

Town/City

Island Lake

County/Region

Lake

MLS | Web ID

11745907
Features
General
Cooling Central Air
Possession Closing
Construction Materials Brick
Year Built 1981
Electric Circuit Breakers
Tenant Pays Other
Stories Count 1
Township Wauconda
Tax Year 2021
Current Use Commercial
Assoc Fee Paid Per Not Applicable
County Lake
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Contingency Attorney/Inspection
Status Contingent
Directions West of RT #12 on State Road (#176)
City Island Lake
MLS Area Island Lake
Lot Size Square Feet 193120
Tax Annual Amount 109232
Additional Parcels Y/N Y
Leasable Area 0
Lease Type N/A
Standard Status Active Under Contract
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Exterior
Building Area Total 42000
Lot Dimensions 568 X 340
Frontage Type Public Road Signal Intersection
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* Excluded Features
List By
Blue Chip Commercial Real Estate

Broker

billimackt@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2023$2,499,000 Listed Price

Map

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223 E State Road, Island Lake, IL, 60042 is a Property for Rent at $2,499,000 with 42,000 sqft and a lot size of 4.43343. 223 E State Road was built in 1981. The property's zip code is 60042 which is in Island Lake, IL

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