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223 E State Road

Island Lake, IL 60042
  • $2,499,000
  • STATUS: Active Under Contract
  • ON SITE: 619 Days
  • MLS #: 11745907
Under Contract
$2,499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1981
County:
Area:

School Ratings & Info

Description

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-05T23:59:23.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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223 E State Road Island Lake, IL 60042

  • Price: $2,499,000
  • Status: Active Under Contract
  • On Site: 619 Days
  • MLS #: 11745907
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1981
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
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.
Exterior Features

Docks Service Entrance Exterior Building Type Brick Frontage Type Public RoadSignal Intersection Outdoor Parking Over 100 Spaces Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Ceiling Units Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 42000 Contingency Attorney/Inspection Continue To Show Yes Current Use Commercial Electric Circuit Breakers Fire Protection Alarm Monitored Leasable Area 0 Mls Actual Status Contingent Net Operating Income 0 Property Offered For Sale Only Property Sub Type Free Standing StoreOut LotRestaurantShopping Center Rental Price 0 Tax Annual Amount 109232 Tax Year 2021 Tenant Pays Other Township Wauconda Type Retail/Stores

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Blue Chip Commercial Real Estate: 815-355-0196.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-05T23:59:23.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822