912 Burnett Road E Island Lake, IL ^$ 1,299,999

912 Burnett Road E

^$ 1,299,999

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912 Burnett Road E

Island Lake, IL, 60042

^$ 1,299,999

Studio Baths0.0 Sq 9,900

Monthly Estimate*

^$ 9,081

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Studio

Commercial Property for sale in Island Lake, IL

for $1,299,999. This 9,900 square foot building was built on a lot size of 5.98999.

Great opportunity! One of the oldest classic and muscle car parts businesses in the nation! Well established and very well stocked classic muscle car auto parts (See Video) Approx. 6 acres of land with a approx.10,000 sf building. Full (U) frame clear span steel construction for maximum ceiling clearance. Full concrete floors and insulated walls. There is dry pipe fire sprinkler system ready for industrial manufacturing. Multiple rooms in building, very well laid out floor plan. Possible expansion for storage units outside! Everything in the pictures inside the building is included with the business name and even the skid steer! Bring your ideas!!! Body shop, auto restoration, welding shop, auto repair, car Lot or? Chicago Muscle Car Parts is over 40 years running strong. (Make sure you see virtual video above) The owner says time to retire!!!Time to pass the keys!!!!!

Commercial Contingent

Price

^$ 1,299,999

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 34,107

Style

Auto Dealer,Auto Service,Manufacturing,Retail

Lot Size

5.98999

Town/City

Island Lake

County/Region

Lake

MLS | Web ID

11959811

Features

General

Cooling Central Individual

Possession Immediate

Roof Metal

Zoning MANUF

Construction Materials Steel Siding

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Taxes Insurance Repairs Roof

Stories 1

Tax Year 2022

Current Use Industrial

Business Type Auto Dealer Auto Service Manufacturing Retail

Business Name CHICAGO MUSCLE CAR PARTS

County Lake

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Contingency Attorney/Inspection

Possible Use Commercial Industrial Retail

Status Contingent

Directions please use address noted below 912 E Burnett rd Island Lake Il 60042

City Island Lake

MLS Area Island Lake

Lot Size Square Feet 260924

Waterfront Y/N N

Street Name Burnett

Tax Annual Amount 34107

Additional Parcels Y/N N

Virtual Tour https://youtu.be/DjyfSRpTWak

Days on Market 83

Standard Status Active Under Contract

Ownership Type Corporation

Exterior

Building Area Total 9900

Lot Dimensions 150X1733

Frontage Type City Street

Interior

Street Suffix Road

* Excluded Features

List By

Realty World Tiffany R.E.

Broker

hansluedtke@outlook.com;hansluedtke@outlook.com

Affordability Calculator

$11,923

Per Month

Monthly Principal & Interest: $9,081
Monthly Property Taxes: $2,842
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Island Lake, IL

Average List Price ^$1,426,584

Percent of Sale Price 10%

About Island Lake, IL

7,905 Population

0% Since 2002

^$71,475 Median Income

39.68 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/20/2024	$1,299,999		Listed Price

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912 Burnett Road E, Island Lake, IL, 60042 is a Commercial Property for sale at $1,299,999 with 9,900 sqft and a lot size of 5.98999. 912 Burnett Road E is a studio with 0.0 baths. The property's zip code is 60042 which is in Island Lake, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/30/2024.

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912 Burnett Road E

Commercial Property for sale in Island Lake, IL

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