Accepting Backups
223 State Road
Island Lake, IL 60042
$2,499,000
0beds
0baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1981
Lot size—
Annual tax$109,232
CountyLake
MLS #MRD11745907
Days on market1100
Features
Cooling
Central Air
Construction
Brick
Listed by
Blue Chip Commercial Real Estate
Timothy Billimack
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 3/30/2026, 4:55:02 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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