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$750,000
4,943
square ft

310 E State Road
Island Lake, Illinois 60042

Active / MLS #12302454 / Retail Store / Island Lake
Listing information updated 3/9/2025 at 6:23am
Presenting the opportunity to acquire a STNL investment positioned in a strong, transit-oriented location in the Chicago suburb of Island Lake. Island Lake Cafe at 310 E State Road contains 4,943 square-feet and is situated on approximately 0.63 acres. Directly on Route 176 between US Route 12 and the Fox River, the property benefits greatly from its position at a signalized intersection along the main business corridor which features national retailers and outdoor-related businesses. The building has been well-maintained and offers its visitors 29 total parking spots in an accessible lot with three points of ingress/egress. Island Lake Cafe has been in operation for 30 years and currently has four years left on their lease. This asset is being offered with tremendous cash flow and continued growth.
Built:
1964
Cooling System:
Central Air
Stories:
1
Zoning:
COMMR
Rentable Square Feet:
4,943
Building Square Feet:
4,943
Current Net Income:
$69,000
Tax Amount:
$15,513
Tax Year:
2023
Zip Code:
60042
City:
Island Lake
County:
Lake

Listing Office: Brookline Real Estate LLC

Listing Office Phone: 630.590.5910

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/9/2025 at 6:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Island Lake, IL

Incorporated in 1952, Island Lake is a small community in Lake and McHenry counties. The village is situated around a lake and offers residents parks, beaches, and plenty of recreational activities. Water Tower Park hosts a variety of annual events including Lakefest and Cornfest, featuring free swe...
$273,612
Average Sale Price
76
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 310 E State Road, Island Lake, IL 60042
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310 E State Road, Island Lake, IL 60042 is a retail store currently listed at $750,000. This retail store has been listed on @properties Christie's International Real Estate since February 25th, 2025 and was built in 1964.

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