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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
    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 · $32,882/Mo
    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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    Remodeled Retail Space in Island Lake
    Updated: Nov 24, 2025
    Remodeled Retail Space in Island Lake

    626-654 E State Rd, Island Lake, IL

    $12 SF/Yr
    1,300 sqft · $1,300/Mo
    High‑traffic location on Route 176 with over 17,300 vehicles per day (vpd).
    Newly remodeled 1,300 SF inline space.
    Located in the established 21,300 SF Westridge Shopping Center.
    Versatile layout with a large open area, three back rooms, and one bathroom.
    Ample lighted parking available.
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    Medical Office Suite in Shopping Center
    Medical Office Suite in Shopping Center

    125 E State Road #6, Island Lake, IL 60042

    $16 SF/Yr
    1,000 sqft · $1,333/Mo

    Previously a doctor’s office, Unit 10 offers a ready-to-use medical layout with strong Route 176 visibility and ample parking.

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    High Visibility Island Lake Retail
    High Visibility Island Lake Retail

    125 E State Road, Island Lake, IL 60042

    Contact for pricing

    Retail space in high-traffic shopping center with ample parking.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Island Lake, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

    Commercial real estate for Lease in Nearby Cities

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

    Wauconda Office Space For Rent
    Wauconda Office Space For Rent

    388 W Liberty Street, Wauconda, IL 60084

    $19 SF/Yr
    500 sqft · $791/Mo

    Affordable 500 SF office space in Wauconda's commercial corridor.

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    Affordable Commercial Suite on Route 176
    Affordable Commercial Suite on Route 176

    388 W Liberty Street #LL, Wauconda, IL 60084

    $21 SF/Yr
    400 sqft · $700/Mo

    400 sq ft suite ideal for personal service providers.

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    Retail Space in Anchored Center
    Retail Space in Anchored Center

    504 Northwest Hwy, Cary, IL 60013

    $18 SF/Yr
    4,603 sqft · $7,000/Mo

    Highly visible retail space in Cary, Illinois.

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    Retail Space Available For Rent
    Retail Space Available For Rent

    62 Northwest Highway, Cary, IL 60013

    Contact for pricing

    Retail space available for lease in Cary, Illinois.

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    Similar Spaces for Sale in Island Lake, IL

    Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

    Established Restaurant Investment Opportunity
    Established Restaurant Investment Opportunity

    310 E State Road, Island Lake, IL 60042

    $750,000
    4,943 sqft · 0.63 AC lot

    Well-maintained restaurant on a high-traffic corridor with strong cash flow.

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

    4015 Roberts Road, Island Lake, IL 60042

    $3,625,000
    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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    Renovated Retail Building with Lounge
    Renovated Retail Building with Lounge

    660 E State Road, Island Lake, IL 60042

    Contact for pricing
    10,384 sqft

    Turn-key retail building with high-end dispensary and consumption lounge.

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

    660 E State Rd, Island Lake, IL 60042

    Contact for pricing
    10,600 sqft

    Fully renovated retail building occupied by Emerald Dispensary.

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    Commercial Land Redevelopment Opportunity
    Commercial Land Redevelopment Opportunity

    227 East State Rd, Island Lake, IL

    $2,499,000
    4.41 AC lot

    4.41 acres with retail buildings and high traffic frontage.

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    Island Lake Commercial Land Available
    Island Lake Commercial Land Available

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

    $1,500,000
    7.51 AC lot

    Highly visible 7.5 acre commercial land for sale.

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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 4 listings featured on our commercial real estate exchange. The current inventory includes 12,684 square feet of properties with an estimated lease value of $66 SF/Yr.

    Estimated lease rates for Commercial real estate in Island Lake, IL begin at $12 SF/Yr, with an average of $22 SF/Yr and extend to $38 SF/Yr.
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