Your email has been sent.
223 E State Rd - 223 E State Rd 4.41 Acres of Commercial Land Offered at $2,499,000 in Island Lake, IL 60042
Investment Highlights
- Traffic Counts of 17,300 Per Day
- Multiple Access Points
- Average Household Income Exceeding $109,397 Within 3 Mile Radius
Executive Summary
Property Facts Under Contract
| Price | $2,499,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.41 AC |
| Property Type | Land | ||
| Zoning | B2 & B1 - Village of Island Lake | ||
| Price | $2,499,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.41 AC |
| Zoning | B2 & B1 - Village of Island Lake |
1 Lot Available
Lot
| Price | $2,499,000 | Lot Size | 4.41 AC |
| Price Per AC | $566,666.67 |
| Price | $2,499,000 |
| Price Per AC | $566,666.67 |
| Lot Size | 4.41 AC |
5 Total Parcels - 4.41 Total Acres
Description
• Retail Redevelopment Opportunity in Island Lake, IL | 4.41 Total Acres • Includes 3 Existing Retail Buildings (Former Grocery, Bank, and Hardware Store) • 567’ of Frontage on Route 176! Traffic Counts of 17,300 Per Day • Affluent Population with Average Household Income Exceeding $109,397 Within 3 Mile Radius • Property is currently Zoned B2 & B1 (Village of Island Lake) • Stoplight Controlled Intersection | Multiple Access Points • Ideal uses include Retail, Fast Food, Sit Down Restaurant, Home Improvement/Garden Supply Store, Hotel, Boat, Bicycle/Motor Sales, Theater/Entertainment, Medical/Healthcare Clinic
Property Taxes
| Parcel Number | 09-21-300-009 | Improvements Assessment | $0 |
| Land Assessment | $134,762 | Total Assessment | $134,762 |
Property Taxes
Contact the Sale Advisor
223 E State Rd - 223 E State Rd