Island Lake, IL 60042 223 E State Road

223 E State Road Island Lake, IL - Image 1223 E State Road Island Lake, IL - Image 2223 E State Road Island Lake, IL - Image 3
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223 E State Road Island Lake, IL - Image 4
Presented By: Blue Chip Commercial Real Estate
  • MLS# 11745907
  • 03/27/2023
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  • SQFT • 42,000

Home Details

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.
Presented By: Blue Chip Commercial Real Estate

Interior Features for 223 E State Road

Other Interior Features

Street SuffixRoad

General for 223 E State Road

Additional Parcels Y/NYes
CityIsland Lake
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyLake
Current UseCommercial
DirectionsWest of RT #12 on State Road (#176)
ElectricCircuit Breakers
Leasable Area
Lease TypeN/A
Lot Size Square Feet193120
MLS AreaIsland Lake
Net Operating Income0
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive Under Contract
StatusContingent
Stories1
Tax Annual Amount109232
Tax Year2021
Tenant PaysOther
TownshipWauconda
Year Built1981

Exterior for 223 E State Road

Building Area Total42000
Frontage TypePublic Road, Signal Intersection
Lot Dimensions568 X 340

Additional Details

Price History

Client Care

Price $2,499,000
MLS#11745907
List Date 03/27/2023
Property Type Contingent
Phone 847.485.2500
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