OFF MARKET

Off Market Apr 2025 for $305K

—

•

— ba

•

2,725

sq ft

27990 N Converse Rd, Island Lake, IL 60042

About this home

Seller Financing Available!!! An excellent opportunity presents itself with multiple options for use! Currently a house with a separate office building and plenty of land, you can purchase to lease, to live and work and build, or as a land development! The property is in great condition and currently houses a music store and a residential tenant. Free standing office building includes showroom/reception area, two small offices in front, two bathrooms, 3 storage rooms that can be converted to office spaces, and one larger coworking space with separate exterior door. House has 2 bedrooms and 1.5 bathrooms and is 900 sf. Prime location one building away from 176 in the commercial zone, you are in excellent proximity to the other businesses in Island Lake. Parking lot can house approximately 12 cars.

1954Year Built

0.56 acresLot Size

$112Price/Sq.Ft.

Listed by Lisa Rabe • Agentcy

Bought with Meghan Josue • Agentcy

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #12127296

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 60042, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.4%

0.6% MoM

Median sale price

$330K

$5K MoM

Avg. days on market

44d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

EARLY ACCESS
$389,900
3 beds2 baths— sq ft
738 Dartmouth Dr, Island Lake, IL 60042
3D WALKTHROUGH
$325,000
3 beds1.5 baths1,513 sq ft
918 Knightsbridge Dr, Island Lake, IL 60042
$364,900
3 beds2 baths1,440 sq ft
205 Hillside Dr, Island Lake, IL 60042
$275,000
3 beds1.5 baths1,297 sq ft
505 Newbury Dr, Island Lake, IL 60042
$850,000
9 beds5.5 baths— sq ft
106 W State Rd, Island Lake, IL 60042
See all

Provided by Redfin

Sale history for 27990 N Converse Rd

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Lake County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 11, 2023.

General Commercial District

The GC, General Commercial District is intended to accommodate commercial uses. The GC District is not a neighborhood-oriented district and is not generally appropriate for application within residential areas. It is intended to be used to accommodate existing commercial uses. It may also be used to accommodate new development proposals. In all cases, new development in the GC District should be adequately served by infrastructure. The GC District is intended to implement the Regional Framework Plans Retail/Commercial future land use designation.

Permitted uses

Include but are not limited to:

Religious facility
General retail
Restaurant
Hospital / medical center
Housing-Single unit
Hotel / motel
Office
Educational/school
Golf related
Park & open space

Property details

Parking

Parking Information
Outdoor Parking: 6-12 Spaces

Interior

Interior Features
Flooring: Varies

Equipment
# Of Dishwashers: 1
# Of Ranges: 1
# Of Disposals: 1
# Of Washers: 1
# Of Dryers: 1

Exterior

Building Information
# of Units: 2
Built Before 1978 (Y/N): Yes
Foundation Details: Concrete Perimeter
Construction Materials: Brick, Frame

Property Information
Property Type: Mixed Use
Docks: None
Parcel Number: 09281000200000

Lot Information
Dimensions: 100X230
Frontage Type: Public Road
Zoning: COMMR

Financial

Tax Information
Tax Annual Amount: $7,959
Tax Year: 2023
Estimated Tax/Sf: 1.1

Financial Information
Finance Code: Other
Total Monthly Income: $1,000

Utilities

Utility Information
Electric: Circuit Breakers, Service - 101 to 200 Amps

Heating & Cooling
Heat/Ventilation: Ceiling Units,Gas
Cooling: Central Air, Window Unit(s)

Location

Location Information
Township: Wauconda
Directions: RTE 12 & RTE 176 W TO CONVERSE, SOUTH TO # 1ST BLDG ON RIGHT

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Lake County
APN: —

Home facts updated by county records on Apr 11, 2023

Other

Expense Information
Water Sewer Expense: $83
Water Expense Source: Combination
Electric Expense: $128
Trash Expense: $50
Insurance Expense: $193

Listing Information
Some Photos Virtually Staged?: No

Around this home

Schools

Cotton Creek School

Public PreK-5 • Assigned • 0.9mi

6/10

Matthews Middle School

Public 6-8 • Assigned • 0.9mi

5/10

Wauconda High School

Public 9-12 • Assigned • 2.3mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Island Lake, IL • 60042

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 60042

EARLY ACCESS@PROPERTIES COMING SOON

$389,900

3 beds2 baths— sq ft

738 Dartmouth Dr, Island Lake, IL 60042

3D WALKTHROUGH

$325,000

3 beds1.5 baths1,513 sq ft

918 Knightsbridge Dr, Island Lake, IL 60042

$364,900

3 beds2 baths1,440 sq ft

205 Hillside Dr, Island Lake, IL 60042

$275,000

3 beds1.5 baths1,297 sq ft

505 Newbury Dr, Island Lake, IL 60042

$850,000

9 beds5.5 baths— sq ft

106 W State Rd, Island Lake, IL 60042

Home values near 27990 N Converse Rd

Data from public records.

Address	Redfin Estimate
27940 North Converse Rd, Island Lake, IL 3 Beds \| 2 Baths \| - Sq. Ft.	$379,269
27908 North Converse Rd, Island Lake, IL - Beds \| 1 Baths \| 2048 Sq. Ft.	$238,902

Address	Redfin Estimate
27943 North Converse Rd, Island Lake, IL 3 Beds \| 2 Baths \| 1560 Sq. Ft.	$349,892
27930 North Converse Rd, Island Lake, IL 3 Beds \| 2 Baths \| 2620 Sq. Ft.	$396,308

Address	Redfin Estimate
27969 North Converse Rd, Island Lake, IL - Beds \| 1 Baths \| 1254 Sq. Ft.	$226,891
27968 North Converse Rd, Island Lake, IL - Beds \| 2 Baths \| 1800 Sq. Ft.	$271,618

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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