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$599,000
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Property Description
Live / Work Industrial Property with 7 acres zoned Office/Research/Industrial. Contains a 4,147 SF 3-4 bdrm, 3 bath hillside ranch home with 2.5 car garage and 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. Cell tower is not included and has been sold off. City water in front of property. Zoning allows horses (riding and boarding) and nursery/greenhouse with special use permit.
Full Property Details
Full Property Details for 706 E Burnett Rd
General
- Sold For: $599,000
- Taxes: $13,105 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12425543
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Island Lake
- County: Lake
- 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, Natural Gas Available, Water Available
Structural Information
- Construction: Wood, Frame
- Exterior Const.: Wood, 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): 7.27
- Lot Size (Sq. Ft.): 316,681
- Lot Dimensions: 316681 SF
- Frontage: City Street
- Potential Use: Industrial, Office, Single Family
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1970
- Tax Amount: $13,105
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Aerial Map, Tax Bill, Backup Package
- Property ID: 9164000130000
Listed by Premier Commercial Realty
Sold by RE/MAX All Pro
Get Pre-Approved Today
Schools
Schools serving 706 E Burnett Rd
School District:Wauconda Community Unit School District 118
| Name | Grades | Distance |
|---|---|---|
Robert Crown School 620 West Bonner Road, Wauconda, IL 60084 | K-5 | 1.5 mi |
Matthews Middle School PO Box 920, Island Lake, IL 60042 | 6-8 | 0.4 mi |
Wauconda High School 555 North Main Street, Wauconda, IL 60084 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
706 E Burnett Road, Island Lake, IL 60042 (MLS# 12425543) is a Commercial property that was sold at $599,000 on March 18, 2026. 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.

