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Island Lake, IL

Commercial

Island Lake, IL Commercial Land for Sale

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Mchenry, IL Holiday Hills, IL Crystal Lake, IL

Commercial Land Redevelopment Opportunity

Updated: Oct 20, 2023

Commercial Land Redevelopment Opportunity

227 East State Rd, Island Lake, IL

$2,499,000

4.41 AC lot

4.41 total acres with 3 existing retail buildings offering redevelopment/value add opportunity.
567' of frontage on Route 176 with high traffic counts (17,300 per day).
Located in an affluent area with an average household income exceeding $109,397 within a 3‑mile radius.
Stoplight‑controlled intersection with multiple access points.
Ideal for a variety of uses including retail, fast food, restaurants, home improvement, hotels, and medical clinics.

Island Lake Commercial Land Available

Updated: Dec 15, 2015

Island Lake Commercial Land Available

NEC Route 176 & Westridge Drive, Island Lake, IL 60042

$1,500,000

7.51 AC lot

Highly visible and accessible 7.5‑acre site at the NE corner of Route 176 and Westridge Drive.
Located at a signalized intersection with excellent visibility, access, and traffic counts.
Ideal for retail, fast food, convenience stores, or other commercial uses.
Mostly level site.
Utilities (Water) available to the site.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 2 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

Three Oaks Road, Cary, IL

$840,000

6.67 AC lot

6.67-acre commercial site with frontage on 3 roads.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

10.5 Acres with IL Route 120 Frontage

10.5 Acres with IL Route 120 Frontage

28700 W Rand Rd, Lakemoor, IL 60051

$1,750,000

10.50 AC lot

10.5 acres of commercial land for sale with utilities.

Commercial Development Land For Sale

Commercial Development Land For Sale

SEC Three Oaks & Georgetown, Cary, IL 60013

$979,000

6.67 AC lot

6.67 acre commercial site with frontage on 3 roads.

Off-Market Properties in Island Lake, IL

Consider similar Off-Market properties in Island Lake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

129 State Rd, Island Lake, IL 60042-1043

$1,800,000

Estimated value

0.01 AC lot

VACANT COMMERCIAL LAND

129 State Rd, Island Lake, IL 60042-1043

$1,800,000

Estimated value

0.96 AC lot

VACANT COMMERCIAL LAND

27999 Beech St, Island Lake, IL 60042-8490

Value Estimation by Request

0.20 AC lot

VACANT COMMERCIAL LAND

27888 Beech St, Island Lake, IL 60042-8402

$1,080,000

Estimated value

5.00 AC lot

VACANT COMMERCIAL LAND

116 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

825 sqft · 0.10 AC lot

VACANT COMMERCIAL LAND

118 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.10 AC lot

VACANT COMMERCIAL LAND

122 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.10 AC lot

VACANT COMMERCIAL LAND

120 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.10 AC lot

VACANT COMMERCIAL LAND

126 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.10 AC lot

VACANT COMMERCIAL LAND

124 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.10 AC lot

VACANT COMMERCIAL LAND

104 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.10 AC lot

VACANT COMMERCIAL LAND

102 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.09 AC lot

VACANT COMMERCIAL LAND

108 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

0.10 AC lot

VACANT COMMERCIAL LAND

210 State Rd, Island Lake, IL 60042-9551

Value Estimation by Request

1,433 sqft · 0.11 AC lot

VACANT COMMERCIAL LAND

414 State Rd, Island Lake, IL 60042-9211

Value Estimation by Request

0.13 AC lot

VACANT COMMERCIAL LAND

414 State Rd, Island Lake, IL 60042-9211

Value Estimation by Request

0.07 AC lot

27475 Darrell Rd

VACANT COMMERCIAL LAND

27475 Darrell Rd, Island Lake, IL 60042

Value Estimation by Request

1.07 AC lot

VACANT COMMERCIAL LAND

314 State Rd, Island Lake, IL 60042-9527

Value Estimation by Request

0.14 AC lot

VACANT COMMERCIAL LAND

Il Rte 176, Island Lake, IL 60042

Value Estimation by Request

0.80 AC lot

VACANT COMMERCIAL LAND

Westridge Dr, Island Lake, IL 60042

Value Estimation by Request

1.37 AC lot

VACANT COMMERCIAL LAND

310 State Rd, Island Lake, IL 60042-9527

Value Estimation by Request

0.11 AC lot

VACANT COMMERCIAL LAND

223 State Rd, Island Lake, IL 60042-9551

Value Estimation by Request

1.01 AC lot

Island Lake, IL Commercial Land Market Trends and Statistics

Explore 26 commercial land for sale in Island Lake, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,999,000.

Sale prices for commercial lots in Island Lake, IL start at $1,500,000, averaging $1,999,500, and reaching up to $2,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 8,630

Population Growth (5Y) +2.5%

Median Household Income $94,613

College Educated 34.3%

High-Yield Neighborhoods for Investment

Identify Island Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60042	$750K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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