See all 5 photos
$2,499,000
Est. payment /mo
42,000 SqFt
Active Under Contract
223 E State RD Island Lake, IL 60042
UPDATED:
09/25/2024 08:21 PM
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 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
Level or Stories 1
Structure Type Brick
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Listed by Timothy Billimack • Blue Chip Commercial Real Estate