307 E State Road, Island Lake, IL 60042 - Photo 1

1/1

$60,000

Sold
Closed
Lots/Land
0.65 Acres

1/1

Property Description

Redevelopment site on hard corner in Island Lake. Could be a great property for redevelopment for StarBucks or a drive through location. Island Lake is very supportive of a redevelopment site. Located on heavily traveled 176 and Beech St with a stop light. 17,300 VPD. Good demographics! Village is very eager to see something new come to Island Lake. Bring your ideas! Building will need to be demoed and under ground tanks will need to be removed. This property can get assistance with a super fund for tank removal. Call LA for more details. Phase I and II have been completed on the property. BANK SAYS BRING AN OFFER!

Full Property Details

Full Property Details for 307 E State Rd

General

Sold For: $60,000
Taxes: $8,195 (2021)
Status: Closed
Type: Lots/Land
Source: MRED
MLS ID: 11405128
Added to Site: 1, 377 day(s) ago

Location

Area: Island Lake
County: Lake
Driving Directions: State Rt. 176 to to Beech St. (Stop light at Rt 176 and Beech St.) South East corner.
Location Details: Central Business District, Corner, Mixed-Use Area

School Information

School District: 118
Midd School District: 118

Utilities

Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water

Structural Information

Square Feet: 0.65
Current Bldg. Use: Commercial

Lot Features

Lot Size (Acres): 0.65
Lot Size (Sq. Ft.): 28,314
Lot Size Range: .50 to .99 Acre
Lot Dimensions: 179 x 196 x 79 x 205
Frontage: State Road, Paved
Frontage Feet: 203
Street/Road Desc.: Asphalt
Driveway/Sidewalk: Asphalt
Potential Use: Commercial, Retail
Zoning: COMMR
Lot Description: Level

Financial Considerations

Tax Amount: $8,195.48
Tax Year: 2021

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: Short Sale
Property ID: 9213000330000

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Meet the listing agent

— 307 E State Rd —

Lisa Gagliano

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(773) 818-1888 mobile

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Schools

Schools serving 307 E State Rd

School District:Wauconda Community Unit School District 118

Name	Grades	Distance
Cotton Creek School 545 Newport Court, Island Lake, IL 60042	K-5	0.9 mi
Matthews Middle School PO Box 920, Island Lake, IL 60042	6-8	0.9 mi
Wauconda High School 555 North Main Street, Wauconda, IL 60084	9-12	3.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 307 E State Rd

Date

Details

Price

Change

Source

2/16/2024

Sold

$60,000

-45.4%

MLS

3/21/2023

Price Reduced

$109,900

-12.08%

MLS

2/10/2023

Price Reduced

$125,000

-37.19%

MLS

1/16/2023

Price Reduced

$199,000

-58.11%

MLS

10/10/2022

Price Reduced

$475,000

-4.81%

MLS

5/16/2022

Listed

$499,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 3 days ago

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Just Listed

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Beds
3
Total Baths
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Just Listed

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Single Family
Active
Updated 23 hours ago

3
Beds
3
Total Baths
2,114
Sq. Ft.

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Price Reduced

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$289,000

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Updated 1 day ago

3
Beds
3
Total Baths
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Price Reduced

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Price Reduced

-$2,000 (-0.58%)

$344,990

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Townhouse
Active
Updated 2 days ago

3
Beds
3
Total Baths
1,767
Sq. Ft.

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Price Reduced

-$5,650 (-1.73%)

$320,440

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Townhouse
Active
Updated 2 days ago

3
Beds
3
Total Baths
1,764
Sq. Ft.

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Sold

$65,000

26478 W Laurel Ave Wauconda, IL 60084

Lots/Land
Closed

1.27
Acres

307 E State Road, Island Lake, IL 60042 (MLS# 11405128) is a Lots/Land property that was sold at $60,000 on February 16, 2024. This property was listed by Lisa Gagliano from our Schaumburg Office.Want to learn more about 307 E State Road? Do you have questions about finding other Lots/Land 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.

307 E State Rd Island Lake, IL 60042