Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4015 Roberts Rd Island Lake, IL 60042-8506

    • Commercial real estate
    • 6,746 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US28-2626838
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Haze Alternatives / Vaporizer Store / Cannabis Store
    • Station1Eleven LLC / Gift Shop
    • Turf Techs Inc. / Lawn Care Service
    • HAZE VAPOR / Vaporizer Store
    • Universal Feelings Boutique / Gift Shop / Promotional Products Supplier

    Property Details for 4015 Roberts Rd

    Year built
    1987
    Construction
    FRAME
    Lot size
    0.62 lot acres
    Property size
    6,746 SF
    Property type
    Commercial real estate
    APN
    15-20-478-010
    APU
    1520478010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $410,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $320,000
      Mixed-Use
      $320,000
      Hospitality
      $340,000
      Educational
      $335,000
      Residential Income
      $355,000
      Energy
      $370,000
      Income-Based Land
      $350,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Island Lake
    County
    Mchenry
    State
    Illinois
    Longitude
    -88.1991
    Latitude
    42.2712
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $18,607
    $20,419
    $179,398
    $199,817
    -
    $61,257
    $538,194
    $599,451

    Comparable in this City

    • Value Estimation by Request
      7.74 Acres

      Riv Rd

      COMMERCIAL (GENERAL) • 7.74 Acres
      Riv Rd, Island Lake, IL 60042
      View Details
    • Value Estimation
      $245,000
      2.11 Acres

      Il Rt 176

      COMMERCIAL (GENERAL) • 2.11 Acres
      Il Rt 176, Island Lake, IL 60042
      View Details
    • Value Estimation
      $285,000
      0.11 Acres

      222 State Rd

      COMMERCIAL (GENERAL) • 0.11 Acres
      222 State Rd, Island Lake, IL 60042
      View Details
    • Value Estimation by Request
      0.11 Acres

      Il Rt 176

      COMMERCIAL (GENERAL) • 0.11 Acres
      Il Rt 176, Island Lake, IL 60042
      View Details
    • Value Estimation by Request
      0.26 Acres

      Newport Ct

      COMMERCIAL (GENERAL) • 0.26 Acres
      Newport Ct, Island Lake, IL 60042
      View Details
    • Value Estimation by Request
      0.10 Acres

      202 State Rd

      COMMERCIAL (GENERAL) • 0.10 Acres
      202 State Rd, Island Lake, IL 60042
      View Details

    Similar Nearby for Sale

    • $1,500,000
      7.51 Acres

      Island Lake Commercial Land Available

      Highly visible 7.5 acre commercial land for sale.
      Nec Rte 176 & Westridge Dr, Island Lake, IL 60042
      View Details
    • $599,000

      Island Lake Live/Work Property

      8-9 acre property with house, barn, and garage.
      706 E Burnett Rd, Island Lake, IL 60042
      View Details
    • $289,900

      Ranch Townhome Backing Nature

      End unit townhome with finished basement, backing to nature preserve.
      4342 Shooting Star Dr, Island Lake, IL 60042
      View Details
    • Contact for pricing

      Land Available in Island Lake

      Six lots of land needing clearing and leveling.
      6 Lots Porten Rd, Island Lake, IL 60042
      View Details
    • $49,900

      Residential Land in Prairie Woods

      Land for residential construction in Prairie Woods subdivision, Island Lake.
      244 Red Oak Ct, Island Lake, IL 60042
      View Details
    • Contact for pricing

      Residential Land in Island Lake

      Land available for building a dream home in Island Lake.
      23 Park Dr, Island Lake, IL 60042
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,130 SF

      Island Lake Retail Center - 7,130 SF

      Prime Retail Space, Multiple Units Available
      452 State Rd - Is Lk, Island Lake, IL 60042
      View Details
    • $2,000 /Mo
      1,268 SF

      Island Lake Home with River View

      Three-bedroom home with Fox River view, available August 1, 2025.
      3512 Southport Dr, Island Lake, IL 60042
      View Details
    • Contact for pricing

      High Visibility Island Lake Retail

      Retail space in high-traffic shopping center with ample parking.
      125 E State Rd, Island Lake, IL 60042
      View Details
    • Contact for pricing

      Retail Space in Island Lake

      High-visibility end-cap unit suitable for various businesses.
      125 E State Rd, Island Lake, IL 60042
      View Details
    • $13 SF/Yr
      1,300 SF

      Remodeled Retail Space in Island Lake

      1,300 SF remodeled retail space in Westridge Shopping Center.
      626-654 E State Rd, Island Lake, IL 60042
      View Details
    • Contact for pricing

      Retail Space in Island Lake

      High-visibility retail space with ample parking and easy access.
      125 E State Rd, Island Lake, IL 60042
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4015 Roberts Rd
    Island Lake, IL 60042-8506
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.