Real Estate Agent Elmo Dowd

Elmo Dowd REALTOR®

(815) 520-3939
Contact

Sign up to have new listings emailed daily    Sign Up   Log In

Property Search My Home Finder Contact Me
Refine Search

223 E State Road, Island Lake, IL 60042

$2,499,000
SAVE TOUR PROPERTY
  • 223 E State Road, Island Lake, IL 60042 Main Photo

5 Total Photos [Click to View All]

Contingent
SQUARE FEET42,000 MLS#11745907
STATUSContingent PROPERTY TYPECommercial - Retail
TOUR PROPERTY
Call / TEXT TO ME / Print / Share / Email

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.

223 E State Road | MLS# 11745907

This commercial property located at 223 E State Road, Island Lake, IL 60042 is currently listed for sale with an asking price of $2,499,000. Search Island Lake real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 4.43 Acres
Stories: 1.0
Year Built: 1981

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Alarm Monitored
Frontage Type: Public Road, Signal Intersection
HVAC: Ceiling Units
Lot Dimensions: 568 X 340
Parcel#: 09213000100000
Parking: Over 100 Spaces
Tenant Pays: Other

Listed By / Shown By

Listed By

Agency Name: Blue Chip Commercial Real Estate
Agency Phone: 815-355-0196

Shown By

Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/07/2026. The listing information on this page last changed on 04/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/07/2026 12:18:31 AM EST) or MRED MLS (last updated Tue 04/07/2026 12:11:54 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/06/2026 10:16:16 PM EST) or Northern Illinois Commercial Association Realtors (last updated Mon 04/06/2026 2:10:12 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Crosby Starck Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --