Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
1 Property Within 0.5 miles of: 706 E Burnett, Island Lake

706 E Burnett
Island Lake, IL 60042

  • 3 Beds
  • 3 / 1 Baths
  • 4,147 Sq. Ft.
  • Built In 1970
Price

$575,000

Est Payment
$4,140 / month (details)  
Taxes
$13,104  
Beds
3  
Baths
3 / 1  
Rooms
10  
Type
Detached Single  
Sq. Ft.
4,147  
Lot Size
392040  
Built
1970  
Neighborhood
Island Lake  
MLS
#12425516
Status
Active (54 days)

Property Description

Live-work opportunity. 4147 sf hillside ranch house on 8-9 acres zoned for office or industrial with 2 outbuildings. Current owner ran a commercial print shop out of one building. Additional 4-car garage good for collector cars. Cell tower not included--rights have been sold. See virtual tour. Zoning allows horses (riding and boarding) and nursery/greenhouses with a special use permit. NOTE: Seller currently has 10-11 acres of 19 total under contract in process of being re-platted which is why the price was reduced. Current zoning is ORI (Office, Research, Industrial). Also listed as Industrial at MLS #12425543.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
37X31
Dining Room
Main
10X9
Kitchen
Main
9X20
Family Room
Lower
17X25
Laundry
Lower
10X9
Master Bedroom
Main
12X20
Bedroom 2
Main
15X21
Bedroom 3
Lower
11X24
Bedroom 4
N/A
Kitchen- 2nd
Lower
10X16
Office
Main
11X14
Bonus Room
Lower
13X13

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling Central Air
  • Water Well
  • Sewer Septic Tank

Additional Information

Appliances
Range, Refrigerator
Parking
12.5 Parking Spaces (2.5 Garage Spaces), Gravel, On Site, Garage Owned, Attached, Owned, Garage
Schools
District 118

Payment Calculator

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

Listing History

07-21-2025 Listed at $895,000
09-03-2025 Price decreased by $320,000 to $575,000
Last Modified 9/9/25 12:05 AM
grid
Register to see 0 more properties