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27990 N Converse Road, Island Lake, IL 60042
$316,100
27990 N Converse Road, Island Lake, IL 60042View this property at 27990 N Converse Road, Island Lake, IL 60042
27990 N Converse RoadIsland LakeIL60042
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Property Description
Seller Financing Available!!! 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.
Full Property Details
Full Property Details for 27990 N Converse Rd
General
- Price: $316,100
- Taxes: $8,080 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11958698
- Updated: 1/15/2024
- Added to Site: 112 day(s) ago
Interior
- Flooring: Varies
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Island Lake
- County: Lake
- Township: Wauconda
- Driving Directions: RTE 12 & RTE 176 W TO CONVERSE, SOUTH TO # 1ST BLDG ON RIGHT
- Location Details: Northwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Ceiling Units, Gas
Utilities
- Trash: 50
Structural Information
- Construction: Brick, Wood Frame
- Exterior Const.: Vinyl Siding, Brick, Cedar
- Foundation: Concrete Perimeter
- Sub-Flooring: Varies
- Stories/Levels: 1
- Square Feet: 2,725
- Current Bldg. Use: Commercial
- Year Built: 1954
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 24,394
- Lot Dimensions: 100 x 230
- Frontage: Public Road
- Potential Use: Commercial, Office and Research
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $193
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1954
- Tax Amount: $8,080
- Tax Year: 2021
- Tenant Pays: Electricity, Heat, Sewer
- Pays Electric: 128
- Pays Trash: 50
Disclosures and Reports
- Property ID: 9281000200000
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Schools
Schools serving 27990 N Converse Rd
School District:Wauconda Community Unit School District 118
Rating | Name | Grades | Distance |
---|---|---|---|
545 Newport Ct, Island Lake, IL 60042 | PK-5 | 0.9 mi | |
3500 Darrell Rd, Island Lake, IL 60042 | 6-8 | 0.9 mi | |
555 N Main St, Wauconda, IL 60084 | 9-12 | 2.4 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 27990 N Converse Rd
Date
Details
Price
Change
Source
1/09/2024
Listed
$316,100
90.42%
MLS
9/12/2017
Sold
$166,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 27990 N Converse Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,997
100%
$97,989
-2%
2022
-100%
$99,761
6%
2021
$8,363
4%
$94,265
5%
2020
$8,080
10%
$89,845
6%
2019
$7,335
30%
$84,911
44%
2018
$5,636
-1%
$59,011
-31%
2017
$5,666
-28%
$85,720
6%
2016
$7,877
3%
$81,174
9%
2015
$7,630
67%
$74,520
—
2014
$4,565
3%
$74,520
69%
2013
$4,453
6%
$44,199
-32%
2012
$4,214
—
$65,446
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27990 N Converse Rd
27990 N Converse Road, Island Lake, IL 60042 (MLS# 11958698) is a Commercial property. 27990 N Converse Road is currently listed for $316,100 and was received on January 09, 2024. Want to learn more about 27990 N Converse 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.