223 E State RD, Island Lake, IL 60042
223 E State RD, Island Lake, IL 60042
223 E State RD, Island Lake, IL 60042
5
$1,600,000
$2,499,000
36.0%
Est.Price: ?

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42,000 SqFt

223 E State RD Island Lake, IL 60042

Est. payment /mo
SOLD DATE : 09/11/2026

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Key Details

Sold Price $1,600,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 42,000 sqft

Price per Sqft $38

MLS Listing ID 11745907

Sold Date 09/11/26

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

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Timothy Billimack of  Blue Chip Commercial Real Estate 
Bought with Sam Yingling of New Century Real Estate

NEARBY SCHOOLS & BUSINESSES

Riley Ricobene
Riley Ricobene

Broker License ID: 263392

+1(630) 470-0580 | rileyricobene1@gmail.com

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