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Island Lake IL Real Estate & Commercial for Sale

3 Properties Found

The median home value in Island Lake, IL is $155,000. This is lower than the county median home value of $205,000. The national median home value is $232,276. The average price of homes sold in Island Lake, IL is $155,000. Approximately 84% of Island Lake homes are owned, compared to 12% rented, while 4% are vacant. Island Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Island Lake real estate agent to arrange a tour today!
Learn more about Island Lake.


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Beds:
n/a
Baths:
Sq.Ft.:
42,000
Status:
Active
MLS#:
10630999
Type:
General Commercial
Year built:
1980
A broker reciprocity listing Courtesy: I.C.B. Inc. Real Estate
View additional info

AN IDEAL TIME TO STEP IN AND REDIRECT THE USE OF THIS CENTER FOR REDEVELOPMENT OR ASSUMPTION 0R REPLACEMENT OF THE MAJOR TENANT GROCERY STORE. THIS IS A SOUND LOCATION, HIGH TRAFFIC AREA AND MOVE IN READY RETAIL OR OFFICE USE SETTING, THIS IS A MAJOR OPPORTUNITY. THE SEPARATE BUILDING DESIGN ALLOWS FOR MULTIPLE USES, SUCH AS, CONVERSION TO APARTMENTS, MEDICAL OFFICES, OR OTHER MAJOR RETAILERS. THE DRIVE THROUGH BANK BUILDING IS PRIME VACANT SPACE IN BEAUTIFUL FIRST CLASS CONDITION.

Beds:
n/a
Baths:
Sq.Ft.:
9,180
Status:
Active
MLS#:
10624678
Type:
General Commercial
Year built:
1952
A broker reciprocity listing Courtesy: Baird & Warner
View additional info

Profitable Mixed Use Building right on IL 176 next to Culver's. Free Standing Strip Center with 5 Retail spaces and 2 residential homes. Amazing opportunities for local investors and users. High Visibility, High traffic area. Pro forma Cap Rate is 12.31%! Passive Income with high cash flow! Internet Retail Business Proof Investment Property!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10517951
Type:
Mixed Use
Lot size:
0.48 Acres
Year built:
1954
A broker reciprocity listing Courtesy: City Gate Real Estate Inc.
View additional info

Prime location right of Rt 176! Use this property to run your business or as an excellent investment opportunity. Property includes two free standing buildings. 1 commercial 1 coach house both on the same parcel of land both of which are renovated inside and out. Free standing office building has 6 offices, floor retail space, and a kitchenette property. Additionally there is a separate outside entrance to one section which is approx. 390 sq ft which can be rented separately. 2 bedroom Coach House located behind; 1 1/2 bath, living room, kitchen, laundry room (currently being rented). Store front can be rented. Both properties are being sold together. Commercial parking area has parking space for appox. 12 cars. Prime location on over a half acre. This property is currently available for lease or purchase.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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