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706 E Burnett Road, Island Lake, IL 60042
$1,250,000
706 E Burnett Road, Island Lake, IL 60042View this property at 706 E Burnett Road, Island Lake, IL 60042
706 E Burnett RoadIsland LakeIL60042
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Property Description
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. PRICE REDUCED!!
Full Property Details
Full Property Details for 706 E Burnett Rd
General
- Price: $1,250,000
- Taxes: $16,058 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12011270
- Updated: 3/28/2024
- Added to Site: 37 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Island Lake
- County: Lake
- Township: Wauconda
- Driving Directions: Rt 176 to Darrell Rd. North on Darrell Rd to Burnett Rd. West on Burnett to Property on north side of Rd.
- Location Details: Northwest Suburban, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Water to Site
Structural Information
- Construction: Wood Frame
- Exterior Const.: Frame
- Foundation: Concrete Perimeter
- Roof: Composition
- Drive-In Doors: 5
- Stories/Levels: 1
- Square Feet: 8,000
- Current Bldg. Use: Office, Other
- Office: 500 Sq. Ft.
- Year Built: 1970
- Built Before 1978: Yes
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 19
- Lot Size (Sq. Ft.): 827,640
- Lot Dimensions: 827640 SF
- Frontage: City Street
- Potential Use: Industrial, Office and Research, Single Family
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1970
- Tax Amount: $16,058
- Tax Year: 2022
Disclosures and Reports
- Documents Avail.: Aerial Map, Tax Bill, Backup Package
- Property ID: 9164000130000
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Price & Sales History for 706 E Burnett Rd
Date
Details
Price
Change
Source
3/22/2024
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 706 E Burnett Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,162
6%
$165,565
-7%
2022
$15,313
4%
$177,176
6%
2021
$14,736
-3%
$167,108
5%
2020
$15,268
9%
$158,955
6%
2019
$13,954
-16%
$149,954
-8%
2018
$16,644
14%
$162,549
-27%
2017
$14,581
84%
$222,947
156%
2016
$7,941
5%
$87,153
9%
2015
$7,597
-57%
$80,008
—
2014
$17,590
5%
$80,008
-53%
2013
$16,695
3%
$169,006
-5%
2012
$16,236
—
$177,086
—
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 706 E Burnett Rd
706 E Burnett Road, Island Lake, IL 60042 (MLS# 12011270) is a Commercial property. 706 E Burnett Road is currently listed for $1,250,000 and was received on March 22, 2024. Want to learn more about 706 E Burnett 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.