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    626-654 E State Rd Island Lake, IL 60042

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    For Lease
    $13 SF/Yr ($1,489 /Mo)

    1,300 SF remodeled retail space in Westridge Shopping Center.

    Property size:
    1,300 SF
    Lot size:
    3.22 Acres

    Property Features for 626-654 E State Rd

    General Information

    Size
    1,300 SF
    Lot size
    3.22 Acres

    Source: Premier Commercial Realty Agent Mike Deacon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Retail Space in Island Lake

    This is a 1,300 square foot retail space located in the Westridge Shopping Center. The unit, designated as 636, has been newly remodeled. The shopping center is situated on Route 176, which sees over 17,300 vehicles per day. The current layout includes a large 41x21 open area, three back rooms suitable for office space, inventory storage, or a break room, and one bathroom. The center provides both wall and monument signage options, along with ample lighted parking. Current tenants in the 21,300 square foot Westridge Shopping Center include Sofia's Place Mexican Restaurant, Westridge Banquet Hall, Gentle Dental, Pages Healthy Paws, Full Circle Dance Studio and a Nail Salon.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Island Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.187647
    Latitude
    42.2697466

    Nearby Similar for Lease

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    • Contact for pricing
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    FAQs

    What type of property is this?
    Strip mall - 1,300 SF remodeled retail space in Westridge Shopping Center.
    Where is this strip mall located?
    The property is located at 626-654 E State Rd Island Lake, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - 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.
    (815) 814-6500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    626-654 E State Rd Island Lake, IL 60042
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