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    Island Lake, IL

    Island Lake, IL Commercial Real Estate for Lease

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    Wauconda, IL Lakemoor, IL Volo, IL Cary, IL Mchenry, IL Hoffman Estates, IL Crystal Lake, IL Round Lake Beach, IL
    Retail Suite with Medical Office Buildout
    Updated: Aug 5, 2025
    Retail Suite with Medical Office Buildout

    125 E State Road, Island Lake, IL 60042

    Contact for pricing
    Approximately 1,000 square feet in Unit 10
    Existing medical‑office configuration from prior doctor's office use
    Central air cooling
    Shopping center anchored by Culvers and the US Post Office
    Access and visibility along Route 176
    View details
    Free-Standing Retail Dispensary Building
    Updated: Jun 17
    Free-Standing Retail Dispensary Building

    660 E State Road, Island Lake, IL 60042

    $38 SF/Yr
    10,384 sqft
    Fully renovated, free‑standing Class A retail building built in 1999, about 10,384 SF
    Redesigned in 2023 for a high‑end dispensary & consumption lounge layout
    203 ft of frontage on Route 176 with 17,258 VPD
    On‑site parking for customer access
    Includes elevator, offices, kitchen, breakroom kitchenette, storage, and 4 restrooms
    View details
    Retail Storefront Space
    Retail Storefront Space

    636 East State Road, Island Lake, IL 60042

    $1,590/Mo

    Retail storefront space for rent at 636 East State Road in Island Lake.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Island Lake, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 3 Properties for Sales.

    Commercial real estate for Lease in Nearby Cities

    Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

    Neighborhood Retail Strip Center
    Neighborhood Retail Strip Center

    28932-28932 Rand Rd, Lakemoor, IL 60051

    $16 SF/Yr

    Updated commercial center with available space for retail, office, medical, or food service uses under an NNN lease.

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    Convenience Store Space with Walk-In Cooler
    Convenience Store Space with Walk-In Cooler

    28928-28928 Rand Rd, Lakemoor, IL 60051

    $18 SF/Yr

    A walk-in cooler and existing fixtures support convenience-store use, with office, retail, medical, and restaurant uses also identified.

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    Industrial Flex Space with Overhead Door
    Industrial Flex Space with Overhead Door

    1000 N Rand Road, Wauconda, IL 60084

    Contact for pricing

    Industrial flex space with an overhead door, INDUS zoning, and included water, sewer, snow, lawn, and exterior maintenance.

    View details
    Office Unit with Central Air
    Office Unit with Central Air

    1000 N Rand Road, Wauconda, IL 60084

    Contact for pricing

    Office space offers a carpeted interior, central air, and landlord-paid sewer, water, and CAM.

    View details

    Similar Spaces for Sale in Island Lake, IL

    Consider Similar Space for Sale. We found 3 Spaces matching your search parameters.

    Class A Retail Building with Elevator
    Class A Retail Building with Elevator

    660 E State Rd, Island Lake, IL 60042

    Contact for pricing
    10,384 sqft

    Class A retail building redesigned in 2023 with an elevator, offices, and a high-visibility RT 176 location with parking.

    View details
    Non-Climate-Controlled Mini Storage Facility
    Non-Climate-Controlled Mini Storage Facility

    4015 Roberts Road, Island Lake, IL 60042

    Contact for pricing
    32,800 sqft 5.39 AC lot

    Operating storage facility with 258 units and strong occupancy, plus excess Route 176 frontage for signage and growth.

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    Signalized Intersection Commercial Land
    Signalized Intersection Commercial Land

    NEC Route 176 & Westridge Drive, Island Lake, IL 60042

    $1,500,000
    7.51 AC lot

    Mostly level commercial land with water available at a signalized intersection.

    View details

    Island Lake, IL Commercial real estate Market Trends and Statistics

    Explore Commercial real estate leasing options in Island Lake, IL with 3 listings featured on our commercial real estate exchange. The current inventory includes 10,384 square feet of properties with an estimated lease value of $38.

    Estimated lease rates for Commercial real estate in Island Lake, IL average $38 SF/Yr.
    Island Lake, IL CRE market trends — vacancy, lease rates and price per SF, updated monthly
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