706 E Burnett Road Island Lake, IL ^$ 599,000

706 E Burnett Road

^$ 599,000

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706 E Burnett Road

Island Lake, IL, 60042

^$ 599,000

Bedrooms-- Baths-- Sq 8,000

Monthly Estimate*

^$ 3,737

706 E Burnett Road, Island Lake, IL 60042 - Image 1

706 E Burnett Road, Island Lake, IL 60042 - Image 2

706 E Burnett Road, Island Lake, IL 60042 - Image 3

706 E Burnett Road, Island Lake, IL 60042 - Image 4

706 E Burnett Road, Island Lake, IL 60042 - Image 5

706 E Burnett Road, Island Lake, IL 60042 - Image 6

706 E Burnett Road, Island Lake, IL 60042 - Image 7

706 E Burnett Road, Island Lake, IL 60042 - Image 8

706 E Burnett Road, Island Lake, IL 60042 - Image 9

706 E Burnett Road, Island Lake, IL 60042 - Image 10

706 E Burnett Road, Island Lake, IL 60042 - Image 11

706 E Burnett Road, Island Lake, IL 60042 - Image 12

706 E Burnett Road, Island Lake, IL 60042 - Image 13

706 E Burnett Road, Island Lake, IL 60042 - Image 14

Commercial Property for sale in Island Lake, IL

for $599,000. This 8,000 square foot building was built in 1970 on a lot size of 7.27.

Live / Work Industrial Property with 7 acres zoned Office/Research/Industrial. Contains a 4,147 SF 3-4 bdrm, 3 bath hillside ranch home with 2.5 car garage and a 3,000 SF converted barn used as a commercial printing operation plus a 2,300 SF frame storage structure with 4 garage doors. Ideal for a live/work operation. Cell tower is not included and has been sold off. City water in front of property. Zoning allows horses (riding and boarding) and nursery/greenhouse with special use permit.

Commercial Active

Price

^$ 599,000

Property Type

Commercial

Taxes

^$ 13,105

Style

Office

Lot Size

7.27

Year Built

1970

Town/City

Island Lake

County/Region

Lake

MLS | Web ID

12425543

Features

General

Cooling Central Air

Utilities Electric to Site Natural Gas Available Water Available

Possession Negotiable

Roof Composition

Zoning INDUS

Construction Materials Wood Frame

Year Built 1970

Electric Circuit Breakers Service - 201 to 600 Amps Three Phase

Tenant Pays Other

Stories Count 1

Township Wauconda

Property Subtype Live/Work

Tax Year 2024

Current Use Office Other

Gross Income 0

County Lake

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Possible Use Industrial Office Single Family

Status Active

Directions Rt 176 to Darrell Rd. North on Darrell Rd to Burnett Rd. West on Burnett to Property on north side of Rd.

City Island Lake

MLS Area Island Lake

Lot Size Square Feet 316681

Tax Annual Amount 13105

Additional Parcels Y/N N

Leasable Area 0

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 8000

Lot Dimensions 316681 SF

Lot Size Acres 7.27

Frontage Type City Street

* Excluded Features

List By

Premier Commercial Realty

Broker

brucek@premiercommercialrealty.com

Affordability Calculator

$4,829

Per Month

Monthly Principal & Interest: $3,737
Monthly Property Taxes: $1,092
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$574,500

Percent of Sale Price 4%

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
7/21/2025	$575,000		Listed Price

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706 E Burnett Road, Island Lake, IL, 60042 is a Commercial Property for sale at $599,000 with 8,000 sqft and a lot size of 7.27. 706 E Burnett Road was built in 1970. 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 6.375% 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.

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Data is updated as of 12/21/2025.

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706 E Burnett Road

Commercial Property for sale in Island Lake, IL

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