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205 W State Road, Island Lake, IL 60042
$890,000
205 W State Road, Island Lake, IL 60042View this property at 205 W State Road, Island Lake, IL 60042
205 W State RoadIsland LakeIL60042
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Property Description
B-1 Zoned. Current use is Multi-unit on one pin#. History of the property is that it used to be a fishing resort with an in ground swimming pool, a lodge and a concession stand. All units are leased. This is a very well maintained and cared for property and has been in the family for 45 years! It consists of three single family homes, two garages, and four one bedroom unit building. One garage has been subdivided to create storage units for the apartment and the two back home tenants. Second garage is rented out as storage. Asphalt drive and parking lot were paved last year. Agent can send you the link for the property website with interior pictures.
Full Property Details
Full Property Details for 205 W State Rd
General
- Sold For: $890,000
- Taxes: (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11876663
- Added to Site: 245 day(s) ago
Location
- Area: Island Lake
- County: Mc Henry
- Driving Directions: Rt 176 close to Roberts Rd. Intersection. Driveway is on the South side of Rt 176 and to the right of the drive for 207 W. State Rd. The addresses are 205, 207, 209A and 209B all on one pin #
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Current Bldg. Use: Multi-Family
- Year Built: 1960
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 1.6
- Lot Dimensions: 149 x 418 x 100 x 176 x 246 x 170
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $33,106
- Assessment Year: 1960
- Tax Year: 2022
Disclosures and Reports
- Property ID: 1520478026
Listed by Glacier Realty, Inc.
Sold by New Concept Realty
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Schools
Schools serving 205 W State Rd
School District:Wauconda Community Unit School District 118
Rating | Name | Grades | Distance |
---|---|---|---|
545 Newport Ct, Island Lake, IL 60042 | PK-5 | 0.5 mi | |
3500 Darrell Rd, Island Lake, IL 60042 | 6-8 | 1.1 mi | |
555 N Main St, Wauconda, IL 60084 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 W State Rd
Date
Details
Price
Change
Source
1/12/2024
Sold
$890,000
-5.32%
MLS
9/04/2023
Listed
$940,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
205 W State Road, Island Lake, IL 60042 (MLS# 11876663) is a Commercial property that was sold at $890,000 on January 12, 2024. Want to learn more about 205 W State Road? Do you have questions about finding other Commercial real estate for sale in Island Lake? You can browse all Island Lake real estate or contact a Coldwell Banker agent to request more information.