Island Lake, IL Commercial Real Estate for Lease

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Wauconda, IL Lakemoor, IL Volo, IL Cary, IL Mchenry, IL Mundelein, IL Hoffman Estates, IL North Barrington, IL
Retail Space with Medical Buildout
Updated: Aug 5, 2025
Retail Space with Medical Buildout

125 E State Road, Island Lake, IL 60042

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Approximately 1,000 square feet in Unit 10
Existing medical‑office layout from prior doctor's office use
Central air conditioning
Shopping‑center setting anchored by Culvers and the US Post Office
Access and visibility along high‑traffic Route 176
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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
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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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Based on your search, we've compiled 11 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 4 Properties for Sales.

Commercial real estate for Lease in Nearby Cities

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

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

1000 N Rand Road #217, Wauconda, IL 60084

$13 SF/Yr
1,800 sqft

Industrial-zoned space suited to contractor and service business operations.

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Contractor Flex Warehouse
Contractor Flex Warehouse

1000 N Rand Road, Wauconda, IL 60084

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Flex/warehouse suite includes a 10' overhead door and 1,800 SF, with exterior and utility maintenance included.

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Specialty Property with Rear Parking
Specialty Property with Rear Parking

133 Rand Road #A, Lakemoor, IL 60051

$13.50 SF/Yr

Office-zoned property with rear parking and frontage along 120 Hwy in Lakemoor’s central district.

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Retail Space with Rear Parking
Retail Space with Rear Parking

133 Rand Road, Lakemoor, IL 60051

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Retail property with central air, highway frontage, and OFFIC zoning in Lakemoor.

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Similar Spaces for Sale in Island Lake, IL

Consider Similar Space for Sale. We found 4 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

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10,384 sqft

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

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Renovated Retail Building in Island Lake
Renovated Retail Building in Island Lake

660 E State Rd, Island Lake, IL 60042

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10,600 sqft

Fully renovated retail building occupied by Emerald Dispensary.

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Non-Climate-Controlled Mini Storage Facility
Non-Climate-Controlled Mini Storage Facility

4015 Roberts Road, Island Lake, IL 60042

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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.

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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.
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