227 East State Rd Island Lake, IL 60042
Property Features for 227 East State Rd
General Information
- Lot size
- 4.41 Acres
Source:
Moodyscre
Listing Agent: Tim Billimack
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Commercial Land Redevelopment Opportunity
This commercial property presents a redevelopment or value-add opportunity, encompassing 4.41 total acres. The site includes three existing retail buildings currently housing a grocery store, a bank, and a hardware store. It features 567 feet of frontage on Route 176, benefiting from traffic counts of 17,300 vehicles per day. Situated within an affluent area, the average household income exceeds $109,397 within a 3-mile radius. The location benefits from a stoplight-controlled intersection and multiple access points. Ideal uses for the property include retail, fast food, sit-down restaurants, home improvement or garden supply stores, hotels, and medical or healthcare clinics.
Location Intelligence
Current Use by Public Records
Sharp Auto Body
Auto Body Shop
All Ways Towing ...
Towing Service
Location Insight
- Map
- Local Demand
- City
- Island Lake
- County
- Lake
- State
- Illinois
- Longitude
- -88.20157
- Latitude
- 42.274105
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 4.41 acres with retail buildings and high traffic frontage.
Where is this commercial land located?
The property is located at 227 East State Rd Island Lake, IL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: - 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.