229 E State Rd, Island Lake, IL 60042 Property Records

Lake County property record for 229 E State Rd, Island Lake, IL 60042

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	1,610 sqft · built 1983
Lot Size	0.6 acres (26,136 sqft)
Owner	Company Name on File
Last Sale	$1,576,000 (Sep 2026)
Tax Bill	$13,331 (2025)
Deeds & Mortgages	Sep 2026 Sale & Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`09-21-300-028`

Property Details

APN / Parcel Number

Primary APN	`09-21-300-028`

Interior

Building Area	1,610 sqft Gross Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1983
Effective Year Built	Effective 1995
Exterior Material	Brick/Concrete Block/Wood
Construction Type	Brick
Lot Area	26,136 sqft (0.6 acres)
Parking Spaces	1 Parking Space

Location & Zoning

Street Address	229 E STATE RD
City	ISLAND LAKE
State	IL
Zip	60042
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Description	PT SW SW; COM SECOR,W9.5,N39.75FOR POB,W //TO SLN TO PNT 1 36.55W OF ELN SD SEC,N231.45MOL TO SLY ROW RT176,SE ALG SD ROW TO PNT 36.09W OF SD ELN,SE 42.71,SE102.18,SLY TO POB
Legal Range	09E
Legal Township	44N
Legal Section	21
Legal Subdivision	PT SW SW
Jurisdiction	LAKE IL
Township / Civil Division	WAUCONDA
Census Block Group	2
Census Block	2001
Census Tract	864204

Owner

229 E State Rd, a commercial property, is owned by a company that bought it in September 2026.

Source: Lake County records, as of October 13, 2026

Owner of Record	Company Name on File
Mailing Address	444 LAKE COOK RD, 12, DEERFIELD, IL 60015-4913
Owner Type	Company
Vesting	Limited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 16, 2026 · Amount on File
Deed Sale	Sep 16, 2026 · Amount on File
Deed Document Number	20268195129
Record Updated	Oct 29, 2026

September 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	LAKE IL
Recording Date	Sep 16, 2026
Property Address	229 E STATE RD, ISLAND LAKE, IL 60042
Document Number	0008195129
Instrument Date	Jun 30, 2025
Instrument	20268195129
Transaction Type	Transfer
Record Updated	Sep 29, 2026
Title Company	CHICAGO TITLE W, CHICAGO TITLE

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$238,764.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	444 LAKE COOK RD, 12, DEERFIELD, IL 60015-4913

Mortgage

Document Number	0008195130,
Date	Sep 16, 2026
Instrument	20268195130

Lender

Name	BAXTER CREDIT UNION

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Oct 1, 2031

Interest

Rate	6.7%
Max Rate	-1%

Tax Assessment & Valuation

The 2025 property tax bill for 229 E State Rd was $13,331, up 2.3% from the year before.

Source: Lake County assessment roll, as of April 29, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Lake County
County Subdivision	Wauconda Township
Municipality	Island Lake Village
Unified School District	Wauconda Community Unit School District 118 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$13,331.00 (+2.31%)	$175,034 Land $80,055 Building $94,979	$525,154 Land $240,189 Building $284,965
2024	$13,030.00 (-3.82%)
2023	$13,548.00 (+4.31%)	$149,877 (+7.18%) Land $68,549 Building $81,328	$449,676 (+7.18%) Land $205,668 Building $244,008
2022	$12,988.00	$139,837 Land $63,957 Building $75,880	$419,553 Land $191,890 Building $227,663

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 229 E State Rd in Zone X, an area of minimal flood risk, though there have been 35 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	6 in force
Nearby Flood Claims	35 (1978–2026)
Claims Outside the SFHA	1 of 35
Most Recent Claim	Apr 2026 · other causes
Claims by Event	Severe Storms And Flooding, Aug 2007 · 2 claims Severe Storms & Flooding, Jun 1993 · 7 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 229 E State Rd has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ISLAND LAKE serves 8,066 people · EPA ID IL0974540
Water Source	Groundwater
Last State Inspection	Jun 2025
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 309 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20
AT&T DSL · Fixed Wireless in parts of the area	100 / 20

May also be available: Verizon.

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