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Off market
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  • Price Unknown

    223 E State Rd, Island Lake, IL 60042

    --beds
    0baths
    4.45Acres
    VacantLand
    Built in ----
    4.45 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,134 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,134/mo

    Zestimate® history
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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas

    Property

    Lot
    • Size: 4.45 Acres

    Community & neighborhood

    Location
    • Region: Island Lake

    Other

    Other facts
    • Status: Active
    • Listing Type: Exclusive Right To Sell
    • Land Description: Level
    • Road Surface: Asphalt
    • Other Information: School Bus Service, Commuter Bus
    • Sale Terms: Conventional
    • Utilities To Site: Electric to Site, Sanitary Sewer to Site, Water-Municipal
    • Potential Use: Commercial, Office and Research, Retail, Special Use, Planned Unit Development, Zoning Change Required, Residential-Multi-Family, Liquor License, Non Conforming
    • Frontage/Access: State Road
    • Bldg Improvements: Other, Bldg/s No House
    • Land Amenities: Lighting/Exterior
    • Building(s) on Land: Yes
    • Tax Year: 2016
    • Parcel Identification Number: 09213000090000
    • Lot Dimensions: 568X340

    Price history

    DateEventPrice
    2/11/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11122730 Report a problem
    12/16/2021Listed for sale$2,695,000
    Source: MRED as distributed by MLS GRID #11122730 Report a problem
    12/16/2021Pending sale$2,695,000
    Source: MRED as distributed by MLS GRID #11122730 Report a problem
    6/14/2021Listed for sale$2,695,000-7.1%
    Source: MRED as distributed by MLS GRID #11122730 Report a problem
    1/1/2019Listing removed$2,900,000
    Source: @properties #09996708 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60042

    Nearby schools

    GreatSchools rating