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Island Lake, IL Restaurants for Sale

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Established Restaurant Investment Opportunity
$750,000
4,943 SF

Established Restaurant Investment Opportunity

310 E State Road, Island Lake, IL 60042

Well-maintained restaurant on a high-traffic corridor with strong cash flow.

  • STNL (Single Tenant Net Lease) investment opportunity.
  • Located in a strong, transit‑oriented location in Island Lake, a Chicago suburb.
  • Positioned at a signalized intersection on Route 176, a main business corridor.
  • Features 29 parking spots with three points of ingress/egress.
  • Tenant (Island Lake Cafe) has been in operation for 30 years.
Updated: Mar 11
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant and Bar For Sale
Contact for pricing
7,000 SF

Restaurant and Bar For Sale

Restaurant and bar with high visibility and outdoor patio.

26400 North Rand Road, Wauconda, IL 60084
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Restaurant and Bar For Sale
Contact for pricing
7,000 SF

Restaurant and Bar For Sale

Restaurant and bar with high visibility and outdoor patio.

26400 North Rand Road, Wauconda, IL 60084
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Established Restaurant and Entertainment Venue
$1,495,000
5,450 SF

Established Restaurant and Entertainment Venue

Profitable restaurant and entertainment venue with owner financing available.

2816 W Il Route 120, Mchenry, IL
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Turn-Key Restaurant with Patio
Contact for pricing
7,300 SF

Turn-Key Restaurant with Patio

7,300 SF former restaurant with equipment, furniture, and patio.

209 Front St, Mchenry, IL
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Island Lake Commercial Land Available
$1,500,000
7.51 Acres

Island Lake Commercial Land Available

Highly visible 7.5 acre commercial land for sale.

NEC Route 176 & Westridge Drive, Island Lake, IL 60042
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Palatine Land For Sale
$514,000
3.20 Acres

Palatine Land For Sale

3.2 acre commercial land available in Palatine, Illinois.

20638 Lake Cook Road, Palatine, IL 60074
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Carpentersville Land on Route 31
$125,000
1.92 Acres

Carpentersville Land on Route 31

1.92 acres on Route 31, ideal for commercial development.

Route 31, Carpentersville, IL 60110
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Prime Corner Lot in Huntley
$812,000
1.31 Acres

Prime Corner Lot in Huntley

High-visibility commercial land available at Route 47 and Joan.

Il Rt 47 Highway lot: 1, Huntley, IL 60142
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Explore Off-Market Properties in Island Lake, IL

Consider similar Off-Market properties in Island Lake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

107 State Rd

107 State Rd

RESTAURANT • 1,120 SF
Value Estimation by Request
107 State Rd, Island Lake, IL 60042-9645
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203 State Rd

203 State Rd

RESTAURANT • 4,305 SF
Value Estimation
$740,000
203 State Rd, Island Lake, IL 60042-9551
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206 State Rd

206 State Rd

RESTAURANT • 4,786 SF
Value Estimation by Request
206 State Rd, Island Lake, IL 60042-9551
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310 State Rd

310 State Rd

RESTAURANT • 5,560 SF
Value Estimation by Request
310 State Rd, Island Lake, IL 60042-9527
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27509 Beech St

27509 Beech St

BAR, TAVERN • 3,960 SF
Value Estimation by Request
27509 Beech St, Island Lake, IL 60042-8464
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Island Lake, IL Restaurants Investment Opportunities Market Analysis

Explore 6 restaurants for sale in Island Lake, IL on our real estate platform. These investment opportunities span a total of 59,665 square feet of properties for sale, with an estimated market value of $1,300,000.

Sale prices for restaurant properties in Island Lake, IL start at $295,000, averaging $325,000, and reaching up to $405,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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