Active

$850,000

106 State Road, Island Lake, IL 60042
9 Beds6 Baths28 days
106 State Road·Island Lake, IL 60042
9Bedrooms
6Bathrooms
1945Year Built
About This Home

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.

MLS# 12756065Listed September 11, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms6
Total Rooms27

Size & Structure

Garage Spaces1
Year Built1945
Lot Size11863

Location

CountyMcHenry
TownshipNunda
Zip Code60042

Financial

List Price$850,000
Annual Taxes (2025)$9,760
Monthly Tax Est.$813
Parcel #1520477020
Interior Features

Heating

Natural Gas

Basement

FinishedWalk-Out Access
Exterior & Lot

Construction

BrickBlock

Roof

Asphalt

Foundation

BlockConcrete Perimeter

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerGarageYesGarage OwnedAttachedUnassignedGuestParking LotOwned
Tax & Financial
Annual Taxes
$9,760
Tax Year 2025
Monthly Tax Est.
$813
per month
Property Location

106 State Road, Island Lake, IL 60042 — McHenry County

$850,000
106 State Road
9 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
28 days on market
1-car garage
11863
$9,760/yr taxes
$5,280
estimated monthly payment
Principal & Interest
$4,467/mo
Property Tax
$813/mo
$850,000
20% — $170,000
3%50%
6.875%
3%12%
Loan Amount
$680,000
Down Payment
$170,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Century 21 Integra
Agent: Kelly Vance
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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