310 State Rd Island Lake, IL 60042-9527
- Commercial land
- 0.11 lot acres
Current Use by Public Records
- Island Lake Cafe / Restaurant / Breakfast Restaurant
Property Details for 310 State Rd
- Lot size
- 0.11 lot acres
- Property type
- Commercial land
- APN
- 09-21-320-002
- APU
- 921320002
Description
This fee-simple retail property offers a compelling investment opportunity. The 4,943 square-foot Island Lake Cafe, located at 310 E State Rd, Island Lake, IL 60042, is situated on a 0.63-acre lot and benefits from a strong location on Illinois Route 176, a primary retail thoroughfare. The single-story, 1964-built building is currently 100% occupied under a Net Lease agreement with a remaining term of approximately 4.3 years (expiring 02/28/2029
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Island Lake
- County
- Lake
- State
- Illinois
- Longitude
- -88.1927
- Latitude
- 42.2711
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA