106 W State RD, Island Lake, IL 60042
106 W State RD, Island Lake, IL 60042
106 W State RD, Island Lake, IL 60042
106 W State RD, Island Lake, IL 60042
106 W State RD, Island Lake, IL 60042
106 W State RD, Island Lake, IL 60042
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
COMANDIS Residential

COMANDIS Residential

+1(773) 453-7515
Listed by Kelly Vanceof Century 21 Integra
-
Est. payment | /mo

9 Beds

Save
-
Est. payment | /mo
Save

9 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12756065

Bedrooms 9

Year Built 1945

Annual Tax Amount $9,760

Tax Year 2025

Lot Dimensions 11863

Property Sub-Type Two to Four Units

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.

Location

State IL

County Mchenry

Rooms

Basement Finished, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 1.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick,Block

New Construction false

Schools

School District 118, 118, 118

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.

Property Map & Nearby Schools

MORTGAGE CALCULATOR

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
View More Detail
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

We would love to talk to you about this property 

106 W State RD

COMANDIS Residential

“Let us guide you through the real estate process of your journey from start to finish.  Fill out the form to have an experienced broker contact you to discuss a no-obligation consultation. ”

+1(773) 453-7515

info@comandis.com

GET MORE INFORMATION

Name
Phone*
Message*

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from COMANDIS, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Real Estate News, Tips & How-To Articles

MORE

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property