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223 E State Road

Island Lake, Illinois 60042

John Morrison

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Square Footage

Property Type
Vacant Land
Island Lake

This incredible and rarely found 5 acre retail shopping center with THREE (3) buildings is the centerpiece of Island Lake. High traffic area with amazing exposure on a major Illinois state highway 176 has daily vehicular count of over 31,000. Opportunity for a big box, restaurant, boutique shops, bank, food court, warehouse or any business or distribution facility that could benefit from a high exposure presence. Property would appeal to investor, developer or end user. Multi-family or special use possible with zoning change. The property has 3 freestanding, one-story, masonry constructed, commercial / retail buildings. There is a 1700 square foot former branch banking facility w/ 2 drive-thru lanes, a 25,670 retail building (divided into two units); 15,045 sq ft building formerly used as hardware store. Together, there is 42,415 sq ft of building area.

Full Features
Basement: None
Parking Spaces: 0
Water Front: No
Square Feet: 194,000
Tax Amount: $107,298
Tax Year: 2016

Taxes & Assessments
Taxes: $107,298

Listing information updated today (11/20/2018)

Island Lake

As every city-dweller knows, sometimes you feel like escaping to an island. Fortunately, there’s Island Lake just a few miles away in the northwest suburbs. Island Lake, incorporated in 1952, is a small island-centric community located in Lake and McHenry…

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School District(s)
Wauconda Cusd 118
Elementary School
Middle School
High School

School Assignment Data provided by the National Center for Education Statistics
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Nearby Public Transportation




223 E State Road Island Lake, Illinois 60042 is a vacant land property, currently listed at $2,900,000. Want to learn more about 223 E State Road Island Lake, Illinois 60042? Contact an @properties agent to request more info.