Island Lake IL Real Estate & Commercial for Sale

An excellent opportunity presents itself with multiple options for use! Currently a house with a separate office building and plenty of land, you can purchase to lease, to live and work and build, or as a land development! The property is in great condition and currently houses a music store and a residential tenant. Free standing office building includes showroom/reception area, two small offices in front, two bathrooms, 3 storage rooms that can be converted to office spaces, and one larger coworking space with separate exterior door. House has 2 bedrooms and 1.5 bathrooms and is 900 sf. Prime location one building away from 176 in the commercial zone, you are in excellent proximity to the other businesses in Island Lake. Neighboring property is also for sale and an option for a larger development opportunity. Parking lot can house approximately 12 cars.

Island Lake Plaza is a small shopping center located on Route 176 with plenty of daily traffic flow. Anchored by the US Post Office this is a great location for any business. Two units available #1 and #6.

Live / Work Industrial Property 4,147 SF House 3,000 SF Converted Barn 2,300 SF Storage Bldg. 19 acres zoned Office/Research/Industrial. 4.59 acres contains a 4,147 SF 3-4 bdrm, 3 bath hillside ranch home with 2.5 car garage and 14.65 acres contains a 3,000 SF converted barn used as a commercial printing operation plus a 2,300 SF frame storage structure with 4 garage doors. Ideal for a live/work operation. Value is in the land, 10 acres of which is currently being farmed to keep taxes down. City water in front of property. Owner might consider a lease. Zoning allows horses (riding and boarding) and nursery/greenhouse with special use permit.