223 E State RD, Island Lake, IL 60042
223 E State RD, Island Lake, IL 60042
223 E State RD, Island Lake, IL 60042
5
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$1,600,000
$2,499,000 36.0%
Est. payment /mo
42,000 SqFt
Sold on 09/11/2026

223 E State RD Island Lake, IL 60042

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John Barnak III
John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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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

Midwest Real Estate Data (MRED) IDX
© 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

NEARBY SCHOOL & BUSINESS

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John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

Name
Phone*
Message

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223 E State RD

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