Sold
Last Sold Price
4001 Roberts Rd, Island Lake, IL 60042
Mixed UseProperty Type
1.48 acresLot Size
1989Year Built
30 carsParking Spaces

Description

Live-work opportunity with vacant 1800 sf 1-3 tenant low maintenance office building with 5 privates and 3 baths and full walkout basement plus a leased 2 bedroom, 1 bath ranch home with full basement and fireplace and 1 car garage. Month to month tenant pays $1250/mo. Office at a very visible signalized corner with large pole signage. Approximately 1.4795 acres with above ample parking and surplus land with numerous trees. Office units are separately metered for gas and electric with 3 GFA furnaces....Live-work opportunity with vacant 1800 sf 1-3 tenant low maintenance office building with 5 privates and 3 baths and full walkout basement plus a leased 2 bedroom, 1 bath ranch home with full basement and fireplace and 1 car garage. Month to month tenant pays $1250/mo. Office at a very visible signalized corner with large pole signage. Approximately 1.4795 acres with above ample parking and surplus land with numerous trees. Office units are separately metered for gas and electric with 3 GFA furnaces. Office was completely remodeled in 1989 (built in 1952).

    Sold By Ryan and Company REALTORS, Inc

    • Listed by: Bruce Kaplan 847.854.2300 brucek@premiercommercialrealty.com • Premier Commercial Realty
    Listing closed: 08/09/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11855580

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    Recent comparable sales

    Median sold price

    $45,000

    Avg days on market

    637

    Sale-to-list ratio

    89.6%

    Island Lake, IL

    9 comparable properties found

    $305,000 | 27990 North Converse Road, Island Lake, IL 60042
    1/32
    1

    $305,000

    Sold 04/04/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.56
    Acres
    a bathroom with a mirror
    1/4
    2

    $369,000

    Sold 12/30/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    5.09
    Acres
    a sign on the side of a building
    1/3
    3

    $313,725

    Sold 11/06/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    12.63
    Acres
    an aerial view of residential houses with outdoor space and lake view
    1/10
    4

    $45,000

    Sold 01/30/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.21
    Acres
    a view of a yard with plants
    1/5
    5

    $165,000

    Sold 04/20/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.69
    Acres
    a view of a grassy field with trees
    1/7
    6

    $27,500

    Sold 01/21/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.56
    Acres
    7

    $5,000

    Sold 08/11/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.16
    Acres
    a view of an ocean from a yard
    1/2
    8

    $34,000

    Sold 09/15/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    $34,000 | 952 Revere Lane, Island Lake, IL 60042
    1/7
    9

    $34,000

    Sold 06/24/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.25
    Acres

    Location

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    30 year fixed, 7.03% Interest

    Principal and Interest

    $2,135

    Property Taxes

    $861

    HOA Dues

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    Property Information for 4001 Roberts Road

    Property Details
    • Taxes: $10,330 / year
    • MLS Type: Commercial Sale
    • Area: Island Lake
    • Township: Nunda
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 1
    • Zoning: COMMR
    Building Information
    • Stories: 1
    • Residences: 4
    • Year Built: 1989
    • Lot Size: 1.48 AC / 64,447 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 19-30 Spaces,Open,Paved,Private Lot
    Location and General Information
    • Frontage Type: State Road
    • Geographic Locale: Northwest Suburban
    • Information: List Broker Must Accompany
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers, Service - 0 to 100 Amps, Service - 101 to 200 Amps
    • Flooring: Carpet, Tile, Varies
    • Heat/Ventilation: Forced Air,Gas
    • # Of Refrigerators: 1
    • Misc Inside: Private Restroom/s,Basement
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    • Misc Outside: Security Lighting
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Varies by Tenant
    • Built Before 1978: No
    • Approximate Age: 26-35 Years
    • Lot Dimensions: 1.4795 ACRES
    • Lot Size Square Feet: 64447.0
    • Stories: 1
    • Exterior Building Type: Wood Frame, Aluminum Siding
    • Construction: Wood Frame
    • Roof Type: Composition
    • Fire Protection: Fire Extinguisher/s
    • Roof Structure: Pitched
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 2700
    • # Of Offices: 3
    • Office SqFt: 1800
    • Other SqFt: 900
    • # Of Ranges: 1
    • # Of Stores: 0
    • Property Sub Type: Mixed Use
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Commercial, Office and Research, Single Family, Retail
    • Buyer Financing: Conventional
    • Documents Available: Aerial Map,Floor Plan,Tax Bill,Traffic Counts,Backup Package
    • Public Document Count: 0
    • Photos Count: 1
    Miscellaneous
    • Current Use: Office
    • Location: Central Business District,Corner
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 4
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $15,000.00
    • Gross Scheduled Income: $15,000.00
    • Insurance Expense: $.00
    • Total Monthly Income: 1250
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 4001 Roberts Road

    DateEvent & SourcePriceAppreciation
    Aug 9, 2023

    Sold (Public Record)

    Public Record #1516399371

    $400,000—
    Aug 9, 2023

    Sold

    MRED #11855580

    $400,000—
    Aug 9, 2023

    Pending

    MRED #11855580

    —
    DateEvent & SourcePrice
    08/09/2023

    Sold (Public Record)

    Public Record #1516399371

    $400,000
    08/09/2023

    Sold

    MRED #11855580

    $400,000
    08/09/2023

    Pending

    MRED #11855580

    —

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

    Public Records for 4001 Roberts Road

    Taxable ValueLand$50,772Additions$286,595Total$337,367
    Tax Record2024$26,621 ($2,218 / month)
    Home Facts
    Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtStories1Lot Size54,886 SqFtStyleMiscellaneous CommercialYear Built2000Year Renovated2000CountyMCHENRYAPN15-20-478-008

    Schools near 4001 Roberts 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.

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    Nearby home values

    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

    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 08/09/2023 12:57 PM. 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.