Sold
Last Sold Price
215 E State Rd, Island Lake, IL 60042
Mixed UseProperty Type
0.76 acresLot Size
1975Year Built
100 carsParking Spaces

Description

7500 sf masonry building has been totally restored with new heat, air, electric, roof. 36 x 40 steel building with concrete floor, & electric. will lease from 1500 to 5000 sq. ft. Buildings located on .75 acre. Office & baths have tile floors & granite counters. Basements for storage with 1 bath. Rear fenced yard could be outside storage with conditional use. 1100 sf rented to Mex. Rest. Over $1 million into this.7500 sf masonry building has been totally restored with new heat, air, electric, roof. 36 x 40 steel building with concrete floor, & electric. will lease from 1500 to 5000 sq. ft. Buildings located on .75 acre. Office & baths have tile floors & granite counters. Basements for storage with 1 bath. Rear fenced yard could be outside storage with conditional use. 1100 sf rented to Mex. Rest. Over $1 million into this.

    Sold By Premier Commercial Realty

    • Listed by: Michael 847.854.2300 MikeW@premiercommercialrealty.com • Premier Commercial Realty
    • Listed by: Bruce Kaplan 847.854.2300 brucek@premiercommercialrealty.com • Bruce Realty Inc
    Listing closed: 08/11/2015 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08796256

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $2,507 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,524

    Property Taxes

    $982

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 215 East State Road

    Property Details
    • Taxes: $11,786 / year
    • MLS Type: Commercial Sale
    • County: Lake County
    • Area: Island Lake
    • Township: WAUCONDA
    • Air Conditioning Type: Central Air, Central Individual
    • Zoning: COMMR
    Building Information
    • Stories: 1
    • Residences: 5
    • Year Built: 1975
    • Lot Size: 0.76 AC / 33,076 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 51-100 Spaces,Common Parking,Lighted,Open,Paved
    Location and General Information
    • Frontage Type: State Road
    • Geographic Locale: Northwest Suburban
    • Information: Listing Agent Must Accompany,Short Notice OK,Show-Call Listing Office
    Taxes and HOA Information
    • Estimated Tax/Sf: 0
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air, Central Individual
    • Electric: Circuit Breakers, Service - 201 to 600 Amps, Over 600 Amps
    • Flooring: Concrete, Tile, Varies
    • Heat/Ventilation: Central Bldg Heat,Central Heat/Indiv Controls
    • Misc Inside: Handicapped Access,Handicapped Equip Washroom/s,Multi-Tenant,Private Restroom/s,Public Restroom/s,Storage Inside,Basement
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 0
    • Misc Outside: Security Lighting,Security System,Other
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Scavenger, Sewer
    • Built Before 1978: Yes
    • Approximate Age: New Rehab
    • Lot Dimensions: 277X178X291X90
    • Lot Size Square Feet: 33076.0
    • Stories: 1
    • Exterior Building Type: Brick, Steel Siding
    • Construction: Brick
    • Roof Type: Metal, Tar and Gravel
    • Fire Protection: Alarm On Site,Fire Extinguisher/s
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 7500
    • # Of Offices: 1
    • # Of Stores: 0
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Commercial, Conditional Use, Office and Research, Retail, Other
    • Documents Available: Aerial Map,Demographics,Easements,Environmental Audit,Rent Roll,Leases-Copies,Legal-Description,Floor Plans and Specs,Existing Survey,Tax Bill,Traffic Counts,Backup Package
    • Photos Count: 11
    • Estimated Cam/Sf: 1
    Miscellaneous
    • Current Use: Commercial, Office, Other
    • Location: Central Business District
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 5
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $13,860.00
    • Gross Scheduled Income: $13,860.00
    • Insurance Expense: $.00
    • Known Encumbrances: None Known
    • Total Monthly Income: 1155
    • Net Operating Income: $.00
    • Operating Expense: $.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 215 East State Road

    DateEvent & SourcePriceAppreciation
    Aug 11, 2015

    Sold

    MRED #08796256

    $295,000
    Jul 14, 2015

    Pending

    MRED #08796256

    Dec 3, 2014

    Listed (Active)

    MRED #08796256

    $399,900
    DateEvent & SourcePrice
    08/11/2015

    Sold

    MRED #08796256

    $295,000
    07/14/2015

    Pending

    MRED #08796256

    12/03/2014

    Listed (Active)

    MRED #08796256

    $399,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 215 East State Road

    This home is within Wauconda Community Unit School District 118.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Cotton Creek School
    PublicPK to 5

    Matthews Middle School
    Public6 to 8

    Wauconda High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Similar Homes

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Premier Commercial Realty; Bruce Realty Inc

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 04:42 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.