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    227 East State Rd Island Lake, IL

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    4.41 acres with retail buildings and high traffic frontage.

    Type:LAND
    Lot size:
    4.41 Acres
    Added:
    Oct 20, 2023
    Days on Market:
    923
    Last Refresh:
    Apr 5 at 11:09 pm

    Property Features for 227 East State Rd

    General Information

    Standard status
    Active
    Lot size
    4.41 Acres
    Property subtype
    LAND

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    Listing Contact
    Tim Billimack

    Listing agent Tim Billimack

    Listing office Blue Chip Commercial

    Listing date Oct 20, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Blue Chip Commercial


    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sharp Auto Body Auto Repair Shop All Ways Towing ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Island Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.2016
    Latitude
    42.2741

    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.
    (815) 355-0196 Call to check price and availability
    More about this property
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