Properties

Features
: Gas
: Walk-Out Access , Finished
: Unassigned , Parking Lot , Garage Door Opener , Garage , Owned , Garage Owned , Attached , Guest , Yes
: Public Sewer
Address Map
US
IL
Mc Henry
Island Lake
60042
State
106
Road
W89° 48' 4.9''
N42° 16' 20.7''
West on Route 176 to Midway Drive (Roberts Road). Property is on the corner of 176 and Midway Drive (Roberts Road) on the Northwest Corner. Turn onto Midway Drive to enter the parking lot on your left.
Island Lake
W
Neighborhood
118
118
118
Additional Information
: Brick , Block
: Concrete Perimeter , Block
1
: Corner Lot
11863
850000
: Public
Century 21 Integra
Kelly Vance
Financial
9760
Listing Information
56755
96212
Active
2026-11-06T06:06:08Z
MRED
: List Broker Must Accompany
2026-11-06T06:05:21Z
Property Description

Stabilized Cash Flow Today, Commercial Upside Tomorrow! Positioned on a prime, high-visibility corner lot at Route 176 and Midway Road (Roberts Road) in Island Lake, this versatile 4-unit property delivers immediate passive income paired with high-exposure commercial flexibility. Currently all units are occupied with active residential leases through 2027 (1 expiring Feb ’27; 3 expiring July ’27), the asset generates reliable holding income while you finalize your long-term strategy. Includes an attached garage with potential to be leased separately for additional income or storage. Zoned Business and previously operated as a professional office, the building features exceptional daily traffic counts and prime signage opportunities. Perfect for income-property investors seeking stable holding yield, or commercial end-users looking to secure a prominent footprint today with built-in income prior to owner occupancy. HIGHLY MOTIVATED SELLER. OFFERS WELCOME.

Residential Income For Sale

106 W State Road, Island Lake, Illinois 60042

  • Bedrooms : 9
  • Bathrooms : 6
$675,000
Listing ID#12756065
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12756065
Price : $675,000
Bedrooms : 9
Rooms : 27
Bathrooms : 6
Year Built : 1945
Listing Status : Active
Roof : Asphalt
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