223 State Road

    Island Lake, IL 60042
    • $2,900,000
    • STATUS: Active
    • ON SITE: 60 days
    • MLS #: 09993311
    UPDATED: 69 min ago
    $2,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 43,645
      SQFT
    • $66
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Description

    This incredible and rarely found 5 acre retail shopping center with 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, bank, warehouse or any business or distribution facility that could benefit from a high exposure presence. Property would appeal to investor, developer or end user. 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 & post office, presently operating as a coin-op laundromat. Together, there is 42,415 sq ft of building area.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T14:54:18.487.

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    www.saladinosells.com/homes/84889130

    223 State Road Island Lake, IL 60042

    • Price: $2,900,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 09993311
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    43,645
    SQFT
    $66
    $/SQFT
    1978
    Built
    Neighborhood:
    Island Lake
    County:
    Lake
    Area:
    Island Lake
    Property Description
    This incredible and rarely found 5 acre retail shopping center with 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, bank, warehouse or any business or distribution facility that could benefit from a high exposure presence. Property would appeal to investor, developer or end user. 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 & post office, presently operating as a coin-op laundromat. Together, there is 42,415 sq ft of building area.
    Exterior Features

    Construction Brick Docks Service Entrance Foundation Concrete Frontage Access State Road Location Central Business DistrictMixed Use AreaPublic Transport Avail Lot Dimensions 568X340 Lot Sq Ft 193000 Number Of Parking Spaces 111 Roof Coverings Other Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Floor Finish Concrete Miscellaneous Inside Handicapped AccessPublic Restroom/SStorage InsideOther Number Of Apts 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 0 Number Of Fireplaces 0 Number Of Offices 3 Number Of Ranges 0 Number Of Refrigs 0 Number Of Stores 3 Number Of Stories 1 Number Of Washers 0 Outdoor Parking Over 100 Spaces

    Property Features

    Age 26-35 Years Built Before1978 YN No Current Use Other Electrical Service 101-200 Amps Electricity Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Northwest Suburban Gross Rental Income Amount 99999 Heat Ventilation Forced AirGas Insurance Expense 0 Known Encumbrances None Known Lease Type N/A Miscellaneous Outside Security LightingSecurity SystemOther Net Oper Income Amount 0 Net Operating Income Year 2017 Number Of Tenants 0 Number Of Window Ac 0 Other Expenses 0 Owners Assoc YN No Possession Closing Potential Use CommercialRetailSpecial UseOther Rental Price 999 Sale Terms Conventional Seller Will Add ManagementLease BackOther Tax Year 2016 Taxes 89417 Tenant Pays Air ConditioningElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/SewerOther Total Annual Exp 0 Total Annual Income 0 Total Monthly Income 99999 Township Wauconda Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To SiteOther Washer Dryer Lsd YN No Water Drainage Storm Sewers Water Expense 0 Zoning Type Rtail

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T14:54:18.487.

    Digital Millennium Copyright Act
     
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