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8 Properties Within 0.5 miles of: 223 E State, Island Lake
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223 E State
Island Lake, IL 60042

Price

$2,900,000

Est Payment
$24,533 / month (details)  
Taxes
$107,298  
Type
Vacant Land  
Sq. Ft.
n/a  
Lot Size
568X340  
Neighborhood
Island Lake  
MLS
#09996708
Status
Expired

Property Description

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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-25-2018 Listed at $2,900,000
01-01-2019 Status changed to Expired
Last Modified 1/1/19 12:05 AM
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