217 W State Road Island Lake, IL $ 1,125,000
217 W State Road
$ 1,125,000
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217 W State Road

Island Lake, IL, 60042
$ 1,125,000
Bedrooms-- Baths-- Sq 5,236

Monthly Estimate*

$ 7,103

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Commercial Property for sale in Island Lake, IL

for $1,125,000. This 5,236 square foot building was built in 2016 on a lot size of 0.69.

Looking for HIGH visibility? 17K traffic count - Built in 2016, this versatile Wicks commercial building offers an excellent combination of offices, kitchen, conference room, shop storage and parking spaces with flexibility for a variety of business uses. 2 offices, conference room or 3rd office, 2BA (1FULL) and laundry hook ups. Two offices are located on the main level while the spacious upstairs office measures approx 33' x 16'. The property also provides parking for approx 40 parks, Triple Basin Drains, 2-DID. The spacious shop area is designed to accommodate large vehicles, including large tow trucks. The concrete floor and lift area is approximately 6"-7" inches thick and was designed to support heavy, automated automotive lifts and equipment. Please note that the existing lift vehicles are not included with the sale. The property offers multiple storage areas and substantial additional attic storage. Extra building features include ceiling fans, and foam insulation at the roof. Exterior improvements include electric and drain hook up suitable for a motorhome/RV. The building saw very limited use prior to the current business occupying the property around 2025. Ideal for an owner-user investor seeking a flexible commercial facility. Buyer to verify permitted permitted uses and zoning requirements with the Village. Buyer and Buyers agents to verify square footage, etc.

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Commercial Active

Price

$ 1,125,000

Property Type

Commercial

Taxes

$ 12,637

Style

Commercial

Lot Size

0.69

Year Built

2016

Town/City

Island Lake

County/Region

Lake

MLS | Web ID

12729489

Features
General
Cooling Office Only
Roof Metal
Zoning COMMR
Construction Materials Steel Siding
Year Built 2016
Electric Service - 101 to 200 Amps
Tenant Pays Electricity Sewer
Stories Count 2
Property Subtype Other
Tax Year 2025
Current Use Commercial
Gross Income 63000
County McHenry
Net Operating Income 0
Operating Expense 6000
Property Type Commercial Sale Industrial
Possible Use Commercial Office Retail Single Room Occupancy
Status New
Directions West of Route 12 on Route 173 (State Rd) East of Route 31
City Island Lake
MLS Area Island Lake
Lot Size Square Feet 30056
Tax Annual Amount 12637
Additional Parcels Y/N N
Leasable Area 5236
Standard Status Active
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Interior
Flooring Carpet Concrete
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Exterior
Building Area Total 5236
Lot Dimensions 83.7X140X227
Lot Size Acres 0.69
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* Excluded Features
List By
Keller Williams North Shore West

Broker

christine@christine-k.com

Email

Affordability Calculator

$8,156
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,103
Monthly Property Taxes
$1,053
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$1,125,000 Listed Price

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217 W State Road, Island Lake, IL, 60042 is a Commercial Property for sale at $1,125,000 with 5,236 sqft and a lot size of 0.69. 217 W State Road was built in 2016. The property's zip code is 60042 which is in Island Lake, IL