Building Details

Year Renovated 2023

Listing Agency: SVN | Chicago - Corporate k***@svn.com Show Phone

Listed By: Karen Kulczycki, CCIM Show Phone

Source: Moodyscre

Added: Apr 28 Changed: Jul 30 Last Checked: Aug 1 at 3:01AM

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Investment Insights

Based on property information with market context.

Class A retail building totaling 10,384 SF, redesigned in 2023 for a high-end, turn-key dispensary & consumption lounge concept. The interior features designer-grade finishes, a kitchen, elevator service, offices, and a breakroom kitchenette. The tenant-ready setup includes 4 restrooms, DID, and storage, supported by an upgraded HVAC system.

The property is located at 660 E State Rd in Island Lake, IL, with high visibility on RT 176 and 203' of frontage. On-site parking is included for customer and staff convenience.

Designed for an operator seeking a retail layout with dedicated back-of-house support, the building combines showroom-style finishes with practical service and amenities for day-to-day use.

Key Highlights

• 10,384 SF Class A retail building redesigned in 2023
• High‑end, turn‑key dispensary & consumption lounge setup
• 203' frontage on RT 176 with high visibility

Property Analytics

Current Use

Emerald Dispensary & Lounge (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Law Firm Electrical Service Pharmacy Grocery & Convenience Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

165

Businesses Nearby

10k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

BP Shops & Services

5,098 visits/mo 0.5 miles

Dollar General Shops & Services

4,841 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Class A retail building redesigned in 2023 with an elevator, offices, and a high-visibility RT 176 location with parking.

Where is this retail space located?

The property is located at 660 E State Rd Island Lake, IL.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: 10,384 SF Class A retail building redesigned in 2023; High‑end, turn‑key dispensary & consumption lounge setup; 203' frontage on RT 176 with high visibility