Island Lake, IL 60042,223 E State RD
Island Lake, IL 60042,223 E State RD
Island Lake, IL 60042,223 E State RD
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$2,499,000
Est. payment /mo
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42,000 SqFt
Active Under Contract

223 E State RD Island Lake, IL 60042

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 42,000 sqft

Price per Sqft $59

MLS Listing ID 11745907

Year Built 1981

Annual Tax Amount $109,232

Tax Year 2021

Lot Dimensions 568 X 340

Property Sub-Type Retail/Stores

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.

Location

State IL

County Lake

Area Island Lake

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Timothy Billimack of  Blue Chip Commercial Real Estate 

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 2
  • 6

    Robert Crown School

    Public | PK - 5

  • 5

    Cotton Creek School

    Public | PK - 5

Middle Schools 2
  • 7

    Cary Jr High School

    Public | 6 - 8

  • 7

    Matthews Middle School

    Public | 6 - 8

School and business data provided by Attom Data.

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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223 E State RD

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