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    Island Lake, IL
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    Island Lake, IL Restaurants for Sale

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    Mchenry, IL Holiday Hills, IL Crystal Lake, IL
    Established Restaurant Investment Opportunity
    Updated: Mar 3, 2025
    Established Restaurant Investment Opportunity

    310 E State Road, Island Lake, IL 60042

    $750,000
    4,943 sqft · 0.63 AC lot
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Opportunities in Nearby Cities

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

    Bar and Apartment on Corner
    Bar and Apartment on Corner

    35480 N Fairfield Road, Round Lake, IL 60073

    $699,000
    0.36 AC lot

    Established bar with pool tables and video gaming plus an on-site 2-bedroom apartment generating rental income.

    View details
    Established Restaurant and Entertainment Venue
    Established Restaurant and Entertainment Venue

    2816 W Il Route 120, Mchenry, IL

    $975,000
    5,450 sqft · 0.76 AC lot

    Profitable restaurant and entertainment venue with owner financing available.

    View details
    Turn-Key Restaurant with Patio
    Turn-Key Restaurant with Patio

    209 Front St, Mchenry, IL

    Contact for pricing
    7,300 sqft · 2.00 AC lot

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

    View details
    Commercial Parcel in Madrona Village
    Commercial Parcel in Madrona Village

    23403 IL-120, Round Lake, IL 60073

    $795,000
    4.00 AC lot

    4-acre commercial parcel suitable for various development projects.

    View details

    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
    Island Lake Commercial Land Available

    NEC Route 176 & Westridge Drive, Island Lake, IL 60042

    $1,500,000
    7.51 AC lot

    Highly visible 7.5 acre commercial land for sale.

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    Commercial Land Near Retail
    Commercial Land Near Retail

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

    $599,832
    1.97 AC lot

    1.97 acre commercial development land near established retailers.

    View details
    3.8 Acre Corner Lot Land
    3.8 Acre Corner Lot Land

    3.8 Ac Johnsburg Road, Johnsburg, IL 60051

    $250,000
    3.80 AC lot

    Corner lot in Johnsburg, IL, with development potential.

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    Johnsburg, IL Commercial Land
    Johnsburg, IL Commercial Land

    Johnsburg Road lot: 52, Johnsburg, IL 60050

    $350,000
    4.46 AC lot

    4.46 acre commercial land for sale in Johnsburg, IL.

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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

    107 State Rd, Island Lake, IL 60042-9645

    Value Estimation by Request
    1,120 sqft · 0.11 AC lot
    View details
    203 State Rd
    RESTAURANT

    203 State Rd, Island Lake, IL 60042-9551

    $740,000
    Estimated value
    4,305 sqft · 1.00 AC lot
    View details
    206 State Rd
    RESTAURANT

    206 State Rd, Island Lake, IL 60042-9551

    Value Estimation by Request
    4,786 sqft · 0.10 AC lot
    View details
    310 State Rd
    RESTAURANT

    310 State Rd, Island Lake, IL 60042-9527

    Value Estimation by Request
    5,560 sqft · 0.17 AC lot
    View details
    27509 Beech St
    BAR, TAVERN

    27509 Beech St, Island Lake, IL 60042-8464

    Value Estimation by Request
    3,960 sqft · 0.16 AC lot
    View details

    Island Lake, IL Restaurants Market Trends and Statistics

    Explore 6 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

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 8,630
    Population Growth (5Y) +2.5%
    Median Household Income $94,613
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60042 $750K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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