Erin Booker | Ellis Booker | Andrew Austria
Real Estate Team License ID: 475.192053
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$ 1,600,000
$ 2,499,000 36.0%
Est. payment /mo
Sold on 09/11/2026
223 E State RD Island Lake, IL 60042
42,000 SqFt
UPDATED:
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 42,000 sqft
Price per Sqft $38
MLS Listing ID 11745907
Sold Date 09/11/26
Year Built 1981
Annual Tax Amount $109,232
Tax Year 2021
Lot Dimensions 568 X 340
Property Sub-Type Retail/Stores
Property Description
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.
Location
State IL
County Lake
Area Island Lake
Interior
Cooling Central Air
Fireplace N
Building
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Timothy Billimack of Blue Chip Commercial Real Estate
Bought with Sam Yingling of New Century Real Estate
Bought with Sam Yingling of New Century Real Estate
NEARBY SCHOOLS & PROPERTIES
Erin Booker | Ellis Booker | Andrew Austria
Real Estate Team License ID: 475.192053