• 223 East State Road
    ISLAND LAKE, Illinois 60042

  • $2,900,000

    Check your credit
  • 0
    Bed(s)

  • 0
    Bathroom

  • 194,000
    Sq Ft

This incredible and rarely found 5 acre retail shopping center with THREE (3) buildings is the centerpiece of Island Lake. High traffic area with amazing exposure on a major Illinois state highway 176 has daily vehicular count of over 31,000. Opportunity for a big box, restaurant, boutique shops, bank, food court, warehouse or any business or distribution facility that could benefit from a high exposure presence. Property would appeal to investor, developer or end user. Multi-family or special use possible with zoning change. The property has 3 freestanding, one-story, masonry constructed, commercial / retail buildings. There is a 1700 square foot former branch banking facility w/ 2 drive-thru lanes, a 25,670 retail building (divided into two units); 15,045 sq ft building formerly used as hardware store. Together, there is 42,415 sq ft of building area.

Property Type : Land

County : Lake

Style : Land

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Property Details

Building Information

  • Built: Land

Exterior Features

  • Electric to Site,Gas to Site,Sanitary Sewer to Site,Water-Municipal
  • Land Amenities: Lighting/Exterior

Lot Information

  • Lot Size: 4.0-4.99 Acres
  • Dimensions: 568X340

Listing Price Information

  • Original List Price: $2,900,000

Listing Information

  • Possession: Closing

Tax Information

  • Annual Tax: $107,298
  • Tax Year: 2016
  • Parcel Number: 09213000090000

Potential Use

  • Commercial,Liquor License,Non Conforming,Office and Research,Planned Unit Development,Residential-Multi-Family,Retail,Special Use,Zoning Change Required

School Information

  • Elementary School District: 15
  • Middle School District: 118
  • High School District: 156

Location Information

  • Township: WAUCONDA
  • Corporate Limits: ISLAND LAKE
  • Direction: State Road 176 east of Roberts

Neighborhood Activity

Find More Statistics And Condos Trends In

Homes For Sale By Owner in 60042
All For Sale Median Price
2 Bed Homes (4) $ 135,100
3 Bed Homes (13) $ 262,865
4 Bed Homes (15) $ 428,559
5+ Bed Homes (3) $ 336,225
Homes Sold By Owner in 60042
Sold Median Price
1 Bed Homes (6) $ 68,433
2 Bed Homes (40) $ 101,586
3 Bed Homes (219) $ 162,010
4 Bed Homes (83) $ 220,944
5+ Bed Homes (10) $ 237,928
Townhomes For Sale By Owner in 60042
All For Sale Median Price
2 Bed Townhomes (1) $ 169,700
3 Bed Townhomes (3) $ 133,933
Townhomes Sold By Owner in 60042
Sold Median Price
1 Bed Townhomes (13) $ 90,177
2 Bed Townhomes (73) $ 113,962
3 Bed Townhomes (74) $ 122,287
4 Bed Townhomes (1) $ 162,500
5+ Bed Townhomes (1) $ 119,000
Land For Sale By Owner in 60042
All For Sale Median Price
Land (14) $ 627,580
Land Sold By Owner in 60042
Sold Median Price
Land (5) $ 148,560
2 Bed Land (4) $ 132,650
3 Bed Land (1) $ 190,000
Condos Sold By Owner in 60042
Sold Median Price
1 Bed Condos (1) $ 69,900
2 Bed Condos (9) $ 103,633
3 Bed Condos (5) $ 113,660
Multifamily Sold By Owner in 60042
Sold Median Price
2 Bed Multifamily (9) $ 111,306
3 Bed Multifamily (8) $ 120,200
Homes For Sale By Owner in ISLAND LAKE
All For Sale Median Price
2 Bed Homes (4) $ 135,100
3 Bed Homes (14) $ 260,510
4 Bed Homes (15) $ 428,559
5+ Bed Homes (3) $ 336,225
Homes Sold By Owner in ISLAND LAKE
Sold Median Price
1 Bed Homes (1) $ 99,900
2 Bed Homes (20) $ 106,410
3 Bed Homes (93) $ 178,103
4 Bed Homes (38) $ 224,725
5+ Bed Homes (7) $ 279,100
Townhomes For Sale By Owner in ISLAND LAKE
All For Sale Median Price
2 Bed Townhomes (1) $ 169,700
3 Bed Townhomes (3) $ 133,933
Townhomes Sold By Owner in ISLAND LAKE
Sold Median Price
1 Bed Townhomes (5) $ 111,780
2 Bed Townhomes (17) $ 116,429
3 Bed Townhomes (23) $ 126,673
5+ Bed Townhomes (1) $ 119,000
Land For Sale By Owner in ISLAND LAKE
All For Sale Median Price
(14) $ 627,580
Land Sold By Owner in ISLAND LAKE
Sold Median Price
Land (5) $ 148,560
2 Bed Land (1) $ 150,800
3 Bed Land (1) $ 190,000
Condos Sold By Owner in ISLAND LAKE
Sold Median Price
2 Bed Condos (6) $ 102,117
3 Bed Condos (3) $ 130,300
Multifamily Sold By Owner in ISLAND LAKE
Sold Median Price
2 Bed Multifamily (3) $ 113,233

 

Property History Of 223 East State Road

Date Event & Source Price
June 25, 2018 Listed
MLS: 09996708
$2,900,000

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 Taylor Street Realty 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. © 2017 Midwest Real Estate Data LLC. All rights reserved. Information Deemed Reliable but Not Guaranteed. Listing information from this property search is provided exclusively 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.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

ByOwner last updated this listing 11/19/2018 @ 01:01

MLS: 09996708
LISTING PROVIDED COURTESY OF John, @properties
SOURCE: MRED

223 East State Road, Island Lake IL 60042 is a Land, with 0 bedrooms which is for sale, it has 194,000 sqft, 4.0-4.99 Acres sized lot, and 0 parking. A comparable Land, has 0 bedrooms and 0 baths, it was built in and is located at 4705 Roberts Road ISLAND LAKE Illinois 60042 and for sale by its owner at $ 310,000. This home is located in the city of ISLAND LAKE , in zip code 60042, this Mc Henry County Land, it is in the Subdivision, and WATERS EDGE are nearby neighborhoods.

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