Retail

Island Lake, IL Retail Properties & Spaces for Lease

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Wauconda, IL Lakemoor, IL Volo, IL Cary, IL Mchenry, IL Mundelein, IL Hoffman Estates, IL North Barrington, IL
Retail Suite with Medical Office Buildout
Updated: Aug 5, 2025
Retail Suite with Medical Office Buildout

125 E State Road, Island Lake, IL 60042

Contact for pricing
Approximately 1,000 square feet in Unit 10
Existing medical‑office configuration from prior doctor's office use
Central air cooling
Shopping center anchored by Culvers and the US Post Office
Access and visibility along Route 176
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Free-Standing Retail Dispensary Building
Updated: Jun 17
Free-Standing Retail Dispensary Building

660 E State Road, Island Lake, IL 60042

$38 SF/Yr
10,384 sqft
Fully renovated, free‑standing Class A retail building built in 1999, about 10,384 SF
Redesigned in 2023 for a high‑end dispensary & consumption lounge layout
203 ft of frontage on Route 176 with 17,258 VPD
On‑site parking for customer access
Includes elevator, offices, kitchen, breakroom kitchenette, storage, and 4 restrooms
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Retail Storefront Space
Retail Storefront Space

636 East State Road, Island Lake, IL 60042

$1,590/Mo

Retail storefront space for rent at 636 East State Road in Island Lake.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Island Lake, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Retail properties & Spaces for Lease in Nearby Cities

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

Retail Space in Anchored Center
Retail Space in Anchored Center

504 Northwest Hwy, Cary, IL 60013

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4,603 sqft

Highly visible retail space in Cary, Illinois.

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Retail Space Available For Rent
Retail Space Available For Rent

62 Northwest Highway, Cary, IL 60013

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Retail space available for lease in Cary, Illinois.

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End-Unit Retail Space
End-Unit Retail Space

4103 W SHAMROCK Lane, Mchenry, IL 60050

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Front and side windows provide visibility and support signage for retail, office, restaurant, or medical uses.

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Endcap Retail and Office Space
Endcap Retail and Office Space

4103 W SHAMROCK Lane 4103, Mchenry, IL 60050

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End unit in a strip center with large front and side windows providing exposure to Route 31.

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Similar Spaces for Sale in Island Lake, IL

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Class A Retail Building with Elevator
Class A Retail Building with Elevator

660 E State Rd, Island Lake, IL 60042

Contact for pricing
10,384 sqft

Class A retail building redesigned in 2023 with an elevator, offices, and a high-visibility RT 176 location with parking.

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Gas Station with Apartments
Gas Station with Apartments

307 E State Rd, Island Lake, IL 60042

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Leased residential units accompany space occupied by a tire shop.

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Island Lake, IL Retail properties & Spaces Lease Rates & Market Statistics

Browse 3 Retail properties & Spaces for lease in Island Lake, IL on Realmo, a commercial real estate marketplace serving the Island Lake area. The current inventory totals 10,384 square feet of properties.

Asking lease rates for Retail properties & Spaces in Island Lake start at $38 SF/Yr, average $38 SF/Yr, and reach $38 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $38 SF/Yr is 70% above the Illinois state average of $22.36 SF/Yr.

Island Lake accounts for 1% of the 241 retail properties & spaces currently available across Lake County, where nearby markets include Highland Park and Mundelein.

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