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    452 State Rd - Is Lk Island Lake, IL 60042

    For Lease
    Contact for pricing

    Prime Retail Space, Multiple Units Available

    Lot size:
    7,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 452 W State Rd in Island Lake, IL (zip code 60042), offers 7,130 square feet of versatile space in a thriving commercial area. Built in 2010, the building sits on a substantial 16.5-acre lot and is currently configured for multiple tenants. Individual spaces range from 1,310 square feet minimum, with two units currently available, measuring between 920 and 1,400 square feet. The property boasts strong curb appeal and benefits from high visibility, situated along the east side of Route 176 and State Road, with traffic counts exceeding 22,000 vehicles daily. This location offers excellent access and exposure for businesses seeking a high-traffic environment. The property is located in McHenry County and enjoys the benefit of strong neighboring businesses, including Lakeside Immediate Care, Walgreens, McDonald's, Dunkin' Donuts, and AutoZone. Existing co-tenants include Snap Fitness, creating a synergistic and established commercial environment. This property presents a unique opportunity for businesses seeking a well-located, high-traffic retail space in a growing community. The property type is retail, with storefront and office subtypes.

    Property Features for 452 State Rd - Is Lk

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,130 SF

    Building Details

    Year Built
    2010

    Unit(s) available at that property

    Space
    Suite A
    Size
    1,400 SF
    Space
    Suite B
    Size
    920 SF

    HighLights

    • High‑traffic area with over 22,000 vehicles per day (VPD).
    • Strong neighboring businesses including Walgreens, McDonald's, and AutoZone.
    • Excellent visibility from Route 176 and State Road.
    • Strong curb appeal.
    • Great co‑tenancy with Snap Fitness.
    • Building signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Island Lake
    County
    McHenry
    State
    Illinois
    Longitude
    -88.20763884011
    Latitude
    42.28194965646

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 452 State Rd - Is Lk Island Lake, IL.
    What are key features of this property?
    This property features: High-traffic area with over 22,000 vehicles per day (VPD).; Strong neighboring businesses including Walgreens, McDonald's, and AutoZone.; Excellent visibility from Route 176 and State Road.
    Request Owner's contact information
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    Island Lake, IL 60042
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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
    452 State Rd - Is Lk Island Lake, IL 60042
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