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Island Lake, IL

Island Lake, IL Commercial Real Estate for Sale

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Mchenry, IL Holiday Hills, IL Crystal Lake, IL

Established Restaurant Investment Opportunity

Updated: Mar 3, 2025

Established Restaurant Investment Opportunity

310 E State Road, Island Lake, IL 60042

$750,000

4,943 sqft · 0.63 AC lot

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.

Non-Climate-Controlled Mini Storage Facility

Updated: May 28

Non-Climate-Controlled Mini Storage Facility

4015 Roberts Road, Island Lake, IL 60042

$3,625,000

32,800 sqft · 5.39 AC lot

258 non‑climate‑controlled storage units totaling 32,800 net rentable SF
Operating at 93.75% physical occupancy and 87.31% economic occupancy
Located on approximately 5.39 acres
Excess frontage along Route 176 for potential improved signage and future expansion
Island Lake, Illinois self‑storage investment built in 1996

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.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Remodeled Flex Unit with Front Office

Remodeled Flex Unit with Front Office

1000 N Rand Road #202, Wauconda, IL 60084

$194,900

1,700 sqft

Move-in ready flex space with a remodeled interior, front office, and convenient parking on a high-traffic corridor.

10.5 Acres with IL Route 120 Frontage

10.5 Acres with IL Route 120 Frontage

28700 W Rand Rd, Lakemoor, IL 60051

$1,750,000

10.50 AC lot

10.5 acres of commercial land for sale with utilities.

Wauconda Agricultural Land for Sale

Wauconda Agricultural Land for Sale

29564 N Garland Road, Wauconda, IL 60084

$1,750,000

20.00 AC lot

20-acre parcel with development potential near downtown Wauconda.

Lakemoor Industrial Buildings For Sale

Lakemoor Industrial Buildings For Sale

400 Fritzsche Rd, Lakemoor, IL 60051

Contact for pricing

10,000 sqft

Industrial buildings with multi-purpose and residential structures in Lakemoor, IL.

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.

WAREHOUSE, STORAGE

912 Burnett Rd, Island Lake, IL 60042-9167

$1,080,000

Estimated value

9,600 sqft · 5.99 AC lot

27990 Converse Rd

OFFICE/RESIDENTIAL (MIXED USE)

27990 Converse Rd, Island Lake, IL 60042-8417

Value Estimation by Request

1,757 sqft · 0.56 AC lot

VACANT COMMERCIAL LAND

129 State Rd, Island Lake, IL 60042-1043

$1,800,000

Estimated value

0.01 AC lot

RETAIL STORES (PERSONAL SERVICES)

125 State Rd, Island Lake, IL 60042-9612

$1,800,000

Estimated value

19,630 sqft · 0.90 AC lot

VACANT COMMERCIAL LAND

129 State Rd, Island Lake, IL 60042-1043

$1,800,000

Estimated value

0.96 AC lot

COMMERCIAL (GENERAL)

Newport Ct, Island Lake, IL 60042

Value Estimation by Request

0.26 AC lot

28461 Burnett Rd

INDUSTRIAL - VACANT LAND

28461 Burnett Rd, Island Lake, IL 60042

$2,675,000

Estimated value

1.75 AC lot

WAREHOUSE, STORAGE

601 Burnett Rd, Island Lake, IL 60042-9200

$2,675,000

Estimated value

25,080 sqft · 5.00 AC lot

VACANT COMMERCIAL LAND

27999 Beech St, Island Lake, IL 60042-8490

Value Estimation by Request

0.20 AC lot

COMMERCIAL (GENERAL)

520 Newport Ct, Island Lake, IL 60042-9136

Value Estimation by Request

2,920 sqft · 1.11 AC lot

4405 Roberts Rd

COMMERCIAL (GENERAL)

4405 Roberts Rd, Island Lake, IL 60042-8517

$1,075,000

Estimated value

6,400 sqft · 9.51 AC lot

4001 Roberts Rd

OFFICE BUILDING

4001 Roberts Rd, Island Lake, IL 60042-8505

Value Estimation by Request

1,824 sqft · 1.47 AC lot

VACANT COMMERCIAL LAND

27888 Beech St, Island Lake, IL 60042-8402

$1,080,000

Estimated value

5.00 AC lot

WAREHOUSE, STORAGE

908 Burnett Rd, Island Lake, IL 60042-9167

$1,450,000

Estimated value

10,500 sqft · 5.00 AC lot

COMMERCIAL (GENERAL)

452 State Rd, Island Lake, IL 60042-8420

$1,120,000

Estimated value

7,188 sqft · 13.45 AC lot

FINANCIAL BUILDING

660 State Rd, Island Lake, IL 60042-8218

$655,000

Estimated value

9,152 sqft · 0.74 AC lot

COMMERCIAL (GENERAL)

235 State Rd, Island Lake, IL 60042-8448

Value Estimation by Request

2,834 sqft · 0.53 AC lot

4035 Roberts Rd

INDUSTRIAL (GENERAL)

4035 Roberts Rd, Island Lake, IL 60042-8505

$770,000

Estimated value

7,140 sqft · 2.10 AC lot

COMMERCIAL (GENERAL)

217 State Rd, Island Lake, IL 60042-8448

$600,000

Estimated value

4,708 sqft · 0.69 AC lot

RESTAURANT

107 State Rd, Island Lake, IL 60042-9645

Value Estimation by Request

1,120 sqft · 0.11 AC lot

Island Lake, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Island Lake, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 37,743 square feet of properties for sale, with an estimated market value of $4,375,000.

Sale prices for business properties in Island Lake, IL start at $750,000, averaging $2,187,500, and reaching up to $3,625,000 — 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 Investment

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

Neighborhood	Average Price
60042	$1.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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