Listed by Blue Chip Commercial Real Estate LLC
$2,499,000
4.41 Acre Redevelopment Opportunity
Details
APN 921300010
Property Type Retail
Sub Type Grocery Store, Restaurant
Tenancy Vacant
Broker Co-Op Yes
Buildings 3
Stories 1
Acreage 4.410
Zoning B2 & B1
Investment Type Redevelopment
Ground Lease Yes
Redevelopment or Value Add Opportunity
Marketing description
Retail Redevelopment Opportunity in Island Lake, IL | 4.41 Total Acres
567’ of Frontage on Route 176! Traffic Counts of 17,300 Per Day
Property is currently Zoned B2 & B1 (Village of Island Lake)
Stoplight Controlled Intersection | Multiple Access Point
Ideal uses include Retail, Fast Food, Sit Down Restaurant, Home Improvement/Garden Supply Store, Hotel, Boat, Bicycle/Motor Sales, Theater/Entertainment, Medical/Healthcare Clinic
Investment highlights
Includes 3 Existing Retail Buildings (Former Grocery, Bank, and Hardware Store)
Affluent Population with Average Household Income Exceeding $109,397 Within 3 Mile Radius
Listing Contacts
Listed by Blue Chip Commercial Real Estate LLC
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Zoning
B-1 CommercialGeneral CommercialGeneral Business
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View all 63 uses
View all 63 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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