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Retail Space with Medical Buildout
For Lease
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125 E State Road, Island Lake, IL 60042

Commercial Lease, Island Lake, IL

Space Size1,000 SF
Days on Market381

Property Features for 125 E State Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions Route 176 East of Roberts Rd on South side of 176
Subdivision Island Lake
Standard status Active

Taxes and HOA fees

Tax Year 2024

Utilities

Cooling system Central Air

Building Details

Year built 1980
Floors in Building 1
Number of units 2
Listing Agency: Keller Williams Success Realty · Keller Williams Realty
Listed By: Dawn Bremer · License ##475168070
Added: Aug 5, 2025 Changed: Aug 19 Last Checked: Aug 20 at 2:06PM
MLS# 12438394

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Unit 10 offers approximately 1,000 square feet within a shopping center and retains a layout previously used for a doctor's office. Central air is in place, and the suite benefits from the existing parking serving the center. The building was constructed in 1980.

The property is located at 125 E State Road in Island Lake, with access to Route 176. Culvers and the US Post Office anchor the shopping center, providing established neighboring uses and exposure to traffic along the route. Zoning is identified as RTAIL.

Key Highlights

  • Approximately 1,000 square feet in Unit 10
  • Existing medical‑office layout from prior doctor's office use
  • Central air conditioning

Property Analytics

Current Use

Buddy’s liquor & smoke ... (Bike/Boat/Book/etc) Store Julie's Video Slots Bar & Pub Moon Dust Antiques ... Home Decor Store Splendid Mani Pedi & + Nail Salon Bitstop Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 60042, IL

8,433
Population
3,263
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
1,833
Density / Sq Mi
$94,613
Median Household Income
$46,306
Median Earnings
$1,826
Median Rent
$244,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Unit 10 includes a prior medical-office configuration, central air, and access to shopping-center parking.
Where is this retail space located?
The property is located at 125 E State Road Island Lake, IL.
What are key features of this property?
This property features: Approximately 1,000 square feet in Unit 10; Existing medical‑office layout from prior doctor's office use; Central air conditioning
More about this property
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