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    108 W State Rd Island Lake, IL 60042

    Sponsored
    For Sale
    $220,000

    COMMERCIAL - Island Lake, IL

    Type:Retail
    Lot size:
    0.49 Acres
    Days on Market:
    54
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 108 W State Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    RTAIL
    APN
    1520477016
    Lot size
    0.49 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1962
    Floors in Building
    1
    Number of units
    1
    Building materials
    Block, Wood, Frame

    Remax Plaza (815) 385-6770 [email protected]

    Listing agent Patricia Palzet-Taylor (847) 469-5234

    Listing date Nov 13, 2025

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Island Lake Commercial Land For Sale

    This commercial property in Island Lake, Illinois, offers approximately 0.49 acres of land. The site includes Lot 13 on Midway Drive and comprises a total of four lots. It features 119 feet of frontage on Illinois Route 176, which experiences high traffic volume. The property is zoned for retail use and presents a range of potential development opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dales M & C Motorcycle Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Island Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.1978256
    Latitude
    42.2724668

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    FAQs

    What type of property is this?
    Storefront property - Commercial land for sale with frontage on high-traffic Route 176.
    Where is this storefront property located?
    The property is located at 108 W State Rd Island Lake, IL.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Approximately 1/4 acre lot size.; - **119' of frontage on high traffic IL Route 176.**; - Includes Lot 13 on Midway Drive.
    (847) 469-5234
    Request Owner's contact information
    108 W State Rd Island Lake, IL 60042
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    Island Lake, IL 60042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 W State Rd Island Lake, IL 60042
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