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$305,000

  • Sold
  • Closed
  • Commercial
  • 2,725 Sq. Ft.
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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. Parking lot can house approximately 12 cars.

Full Property Details for 27990 N Converse Rd

General

  • Sold For: $305,000
  • Taxes: $7,959 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12127296
  • Added to Site: 610 day(s) ago

Interior

  • Flooring: Varies

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: Island Lake
  • County: Lake
  • 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

Structural Information

  • Construction: Brick, 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
  • Zoning: COMMR

Financial Considerations

  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1954
  • Tax Amount: $7,959
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat, Sewer

Disclosures and Reports

  • Property ID: 9281000200000

Listed by Agentcy
Sold by Agentcy

Listing agent

— 27990 N Converse Rd —

  • Agentcy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 27990 N Converse Rd

School District:Wauconda Community Unit School District 118
NameGradesDistance
Cotton Creek School
545 Newport Court, Island Lake, IL 60042
K-50.9 mi
Matthews Middle School
PO Box 920, Island Lake, IL 60042
6-80.9 mi
Wauconda High School
555 North Main Street, Wauconda, IL 60084
9-123.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions 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
4/04/2025
Sold
$305,000
-3.51%
MLS
8/01/2024
Listed
$316,100
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Agentcy
Sold by Agentcy

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27990 N Converse Road, Island Lake, IL 60042 (MLS# 12127296) is a Commercial property that was sold at $305,000 on April 04, 2025. 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.