223 E State Road, Island Lake, IL 60042

223 E State Road, Island Lake, IL 60042

0 beds 0 baths 0 Sqft

Overview Neighborhood Amenities Price details

$2,499,000 Earn $49,980

• Active Under Contract

744 days on Market

$2,499,000

Credit Back up to $49,980*

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Description:

Active Under Contract - Other for sale

This property has a pending offer.

4.41 acre redevelopment, owner/user, or investor opportunity! Three separate freestanding buildings featuring a 25,670 SF established, long-operating grocery store; a freestanding 16,486 SF vacant retail building and a freestanding 1,610 SF vacant bank building with two drive-thru lanes on the east end of the property. Outstanding corner lends itself to a long list of permitted uses with B-1 & B2 zoning! Over 17,300 vehicles per day pass this site! Heavy exposure on main east/west corridor, Route 176 and north/south thoroughfare Rand Road.

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MLS: #11745907

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Current Use: Commercial

Furnished: Unfurnished

Status: Active Under Contract

Listed Date: 03/26/2023

Days On Market: 744

Lot Size (Square Feet): 193120

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Structure:

Year Built: 1981

Construction Materials: Brick

Cooling: Central Air

Tax:

Parcel Number: 09213000100000

Agent:

Office Name: Blue Chip Commercial Real Estate

Office Phone: 815-355-0196

Listing Agent Full Name: Timothy Billimack

List Agent MLS ID: TREC #371135

Score:

-island lake-for-sale-223 e state road, island lake, il 60042-MRED11745907

Mortgage All cash

Monthly expenses $25,091

Property Tax $9,103

HOA Fee $0

Homeowners Insurance $666

Due at Close $2,411,535

List price $2,499,000

Closing costs $37,485

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $50K

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Customer reviews

June M. Jacksonville, Fl

You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2016

Ndakhte N. Oakland Park, FL

Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...

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