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Island Lake, IL Restaurants for Sale

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Port Barrington, IL Volo, IL Wauconda, IL

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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10,384 SF

Renovated Retail Building with Lounge

660 E State Road, Island Lake, IL 60042

Turn-key retail building with high-end dispensary and consumption lounge.

Fully‑renovated ±10,384 SF free‑standing retail building (former dispensary and consumption lounge).
Turn‑key dispensary and consumption lounge potential with designer‑grade finishes.
203' of frontage on Route 176 (17,258 VPD) offering high visibility.
Modernized in 2023 with updated mechanical systems.
Lower‑level consumption lounge with bar, pantry, and private entertainment rooms.

Updated: Apr 1

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 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.

Opportunities in Nearby Cities

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

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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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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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.

$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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$599,832

1.97 Acres

Commercial Land Near Retail

1.97 acre commercial development land near established retailers.

Lots 2-3 4 Northwest Highway, Cary, IL 60013

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$299,500

0.52 Acres

Prime Commercial Land on Route 14

0.52 acre commercial land with high traffic count.

130 South Virginia Street, Crystal Lake, IL 60014

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$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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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

RESTAURANT • 1,120 SF

Value Estimation by Request

107 State Rd, Island Lake, IL 60042-9645

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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

RESTAURANT • 4,786 SF

Value Estimation by Request

206 State Rd, Island Lake, IL 60042-9551

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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

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 7 restaurants for sale in Island Lake, IL on our real estate platform. These investment opportunities span a total of 4,943 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for restaurant properties in Island Lake, IL start at $750,000, averaging $750,000, and reaching up to $750,000 — 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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Top Commercial Asset Segments

Demographics Overview

Population 8,630

Population Growth (5Y) +2.5%

Median Household Income $94,613

College Educated 34.3%

High-Yield Neighborhoods for Strategic Investment

Identify Island Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60042	$750K

Taxes & Financing

Average Loan-to-Value 65.0%

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Island Lake, IL Restaurants for Sale