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    Island Lake, IL
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    Island Lake, IL Commercial Real Estate for Sale

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    Port Barrington, IL Volo, IL Wauconda, IL
    6 results
    Established Restaurant Investment Opportunity
    $750,000
    4,943 SF

    Established Restaurant Investment Opportunity

    310 E State Road, Island Lake, IL 60042

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

    • STNL (Single Tenant Net Lease) investment opportunity.
    • Located in a strong, transit‑oriented location in Island Lake, a Chicago suburb.
    • Positioned at a signalized intersection on Route 176, a main business corridor.
    • Features 29 parking spots with three points of ingress/egress.
    • Tenant (Island Lake Cafe) has been in operation for 30 years.
    Updated: Mar 11
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    Renovated Retail Building with Lounge
    Contact for pricing
    10,384 SF

    Renovated Retail Building with Lounge

    660 E State Road, Island Lake, IL 60042

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

    • Fully‑renovated ±10,384 SF free‑standing retail building (former dispensary and consumption lounge).
    • Turn‑key dispensary and consumption lounge potential with designer‑grade finishes.
    • 203' of frontage on Route 176 (17,258 VPD) offering high visibility.
    • Modernized in 2023 with updated mechanical systems.
    • Lower‑level consumption lounge with bar, pantry, and private entertainment rooms.
    Updated: Apr 1
    View details
    Renovated Retail Building in Island Lake
    Contact for pricing
    10,600 SF

    Renovated Retail Building in Island Lake

    Fully renovated retail building occupied by Emerald Dispensary.

    660 E State Rd, Island Lake, IL 60042
    View details
    Commercial Land Redevelopment Opportunity
    $2,499,000
    4.41 Acres

    Commercial Land Redevelopment Opportunity

    4.41 acres with retail buildings and high traffic frontage.

    227 East State Rd, Island Lake, IL
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    Land in Island Lake, IL
    Contact for pricing

    Land in Island Lake, IL

    Six lots of land available in Island Lake, Illinois.

    6 Lots Porten Road, Island Lake, IL 60042
    View details
    Island Lake Commercial Land Available
    $1,500,000
    7.51 Acres

    Island Lake Commercial Land Available

    Highly visible 7.5 acre commercial land for sale.

    NEC Route 176 & Westridge Drive, Island Lake, IL 60042
    View details
    Based on your search, we've compiled 133 Potential Opportunities for your consideration. Besides 6 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 123 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Commercial Land at Roberts Road
    $250,000
    8.50 Acres

    Commercial Land at Roberts Road

    8.5 acres of commercial land at signalized intersection.

    28965 W Roberts Rd, Port Barrington, IL
    View details
    Prime 30-Acre Equestrian Property
    $2,650,000
    30.05 Acres

    Prime 30-Acre Equestrian Property

    30-acre equestrian property with business potential on Route 12.

    26011 N Rand Road, Wauconda, IL 60084
    View details
    Wauconda Agricultural Land for Sale
    $1,750,000
    20.00 Acres

    Wauconda Agricultural Land for Sale

    20-acre parcel with agricultural potential or development conversion.

    29564 North Garland Road, Wauconda, IL 60084
    View details
    8.5 Acres Retail Land Available
    $199,000
    8.50 Acres

    8.5 Acres Retail Land Available

    8.5 acres of commercial land at signalized intersection.

    28965 W Roberts Rd, Port Barrington, IL 60010
    View details

    Off-Market Properties in Island Lake, IL

    Consider similar Off-Market properties in Island Lake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    912 Burnett Rd

    912 Burnett Rd

    WAREHOUSE, STORAGE • 9,600 SF
    Value Estimation
    $1,080,000
    912 Burnett Rd, Island Lake, IL 60042-9167
    View details
    27990 Converse Rd

    27990 Converse Rd

    OFFICE/RESIDENTIAL (MIXED USE) • 1,757 SF
    Value Estimation by Request
    27990 Converse Rd, Island Lake, IL 60042-8417
    View details
    129 State Rd

    129 State Rd

    VACANT COMMERCIAL LAND • 0.01 Acres
    Value Estimation
    $1,800,000
    129 State Rd, Island Lake, IL 60042-1043
    View details
    125 State Rd

    125 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 19,630 SF
    Value Estimation
    $1,800,000
    125 State Rd, Island Lake, IL 60042-9612
    View details
    129 State Rd

    129 State Rd

    VACANT COMMERCIAL LAND • 0.96 Acres
    Value Estimation
    $1,800,000
    129 State Rd, Island Lake, IL 60042-1043
    View details
    Newport Ct

    Newport Ct

    COMMERCIAL (GENERAL) • 0.26 Acres
    Value Estimation by Request
    Newport Ct, Island Lake, IL 60042
    View details
    28461 Burnett Rd

    28461 Burnett Rd

    INDUSTRIAL - VACANT LAND • 1.75 Acres
    Value Estimation
    $2,675,000
    28461 Burnett Rd, Island Lake, IL 60042
    View details
    601 Burnett Rd

    601 Burnett Rd

    WAREHOUSE, STORAGE • 25,080 SF
    Value Estimation
    $2,675,000
    601 Burnett Rd, Island Lake, IL 60042-9200
    View details
    27999 Beech St

    27999 Beech St

    VACANT COMMERCIAL LAND • 0.20 Acres
    Value Estimation by Request
    27999 Beech St, Island Lake, IL 60042-8490
    View details
    520 Newport Ct

    520 Newport Ct

    COMMERCIAL (GENERAL) • 2,920 SF
    Value Estimation by Request
    520 Newport Ct, Island Lake, IL 60042-9136
    View details
    4405 Roberts Rd

    4405 Roberts Rd

    COMMERCIAL (GENERAL) • 6,400 SF
    Value Estimation
    $1,075,000
    4405 Roberts Rd, Island Lake, IL 60042-8517
    View details
    4001 Roberts Rd

    4001 Roberts Rd

    OFFICE BUILDING • 1,824 SF
    Value Estimation by Request
    4001 Roberts Rd, Island Lake, IL 60042-8505
    View details
    27888 Beech St

    27888 Beech St

    VACANT COMMERCIAL LAND • 5.00 Acres
    Value Estimation
    $1,080,000
    27888 Beech St, Island Lake, IL 60042-8402
    View details
    908 Burnett Rd

    908 Burnett Rd

    WAREHOUSE, STORAGE • 10,500 SF
    Value Estimation
    $1,450,000
    908 Burnett Rd, Island Lake, IL 60042-9167
    View details
    452 State Rd

    452 State Rd

    COMMERCIAL (GENERAL) • 7,188 SF
    Value Estimation
    $1,120,000
    452 State Rd, Island Lake, IL 60042-8420
    View details
    660 State Rd

    660 State Rd

    FINANCIAL BUILDING • 9,152 SF
    Value Estimation
    $655,000
    660 State Rd, Island Lake, IL 60042-8218
    View details
    235 State Rd

    235 State Rd

    COMMERCIAL (GENERAL) • 2,834 SF
    Value Estimation by Request
    235 State Rd, Island Lake, IL 60042-8448
    View details
    4035 Roberts Rd

    4035 Roberts Rd

    INDUSTRIAL (GENERAL) • 7,140 SF
    Value Estimation
    $770,000
    4035 Roberts Rd, Island Lake, IL 60042-8505
    View details

    Island Lake, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 129 commercial real estate for sale in Island Lake, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 12,943 square feet of properties for sale, with an estimated market value of $1,349,000.

    Sale prices for business properties in Island Lake, IL start at $599,000, averaging $674,500, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,630
    Population Growth (5Y) +2.5%
    Median Household Income $94,613
    College Educated 34.3%

    High-Yield Neighborhoods for Strategic Investment

    Identify Island Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60042 $712.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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