$750,000

310 E State Road, Island Lake IL, 60042

Price per sqft$151.73

Built in1964

Property size4,943 sqft

Property typeCommercial

Listed by Dominick Cannata with Brookline Real Estate LLC 630-590-5910

Overview

Active

Listed Feb 25, 2025

Updated May 29

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.

Additional information

MLS^® ID: 12302454

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.63 Acres

Other Property Details

Taxes: $15,513
Tax Frequency: Annually

Listed by Dominick Cannata with Brookline Real Estate LLC 630-590-5910

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