Under contract

Contingent

223 E State Road

Island Lake IL, 60042

$2,499,000


$59.50 per sqft

Under contract

Contingent

42,000 sqft

Commercial

Built in 1981

Courtesy of Blue Chip Commercial Real Estate

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.

11745907

MLS ID

March 27, 2023

Listed

November 25, 2024

Updated

Map

223 E State Road
Island Lake IL, 60042

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

4.43 Acres

Other Property Details

Area Name

Island Lake


Taxes

$109,232


Tax Frequency

Annually


Days on Market

549


Garage

No


View

No


County

Lake


Municipality

Wauconda


Pool

No

Listing History

Date

Event

Price

9/25/2024

Under contract

2/16/2024

Active

1/9/2024

Under contract

Courtesy of Blue Chip Commercial Real Estate, Timothy Billimack,
Listing Contact: 815-355-0196 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Lisa Anders are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:34 PM UTC, 11/25/2024

 

 

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