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.

Island Lake is located in Illinois. Island Lake, Illinois has a population of 8,057. Island Lake is more family-centric than the surrounding county with 35.38% of the households containing married families with children. The county average for households married with children is 33.95%.
The median household income in Island Lake, Illinois is $84,940. The median household income for the surrounding county is $93,801 compared to the national median of $69,021. The median age of people living in Island Lake is 39.9 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 36 inches per year, with 39.8 inches of snow per year.