Island Lake, IL
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    Island Lake, IL Retail Properties & Spaces for Sale

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    Port Barrington, IL Volo, IL Wauconda, IL
    Renovated Retail Building with Lounge
    Contact for pricing
    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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    Renovated Retail Building in Island Lake
    Contact for pricing
    10,600 SF

    Renovated Retail Building in Island Lake

    660 E State Rd, Island Lake, IL 60042

    Fully renovated retail building occupied by Emerald Dispensary.

    • Fully renovated (2023) free‑standing retail building with designer‑grade finishes.
    • 100% occupied by Emerald Dispensary, featuring the award‑winning Northern Heights craft cannabis brand.
    • Located on an outlot with 203' of frontage on Route 176 (17,258 VPD) offering excellent visibility and high traffic.
    • Includes a members‑only lower‑level consumption lounge with a limited food menu and private entertainment rooms.
    • Located in the Village of Island Lake, approximately 42 miles northwest of Chicago, in a bustling area.
    Updated: Mar 11
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    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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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 3 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 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.

    Corner Unit Light Industrial Condo
    $386,000
    4,071 SF

    Corner Unit Light Industrial Condo

    Corner unit condo with warehouse, offices, and showroom potential.

    951 N Old Rand Road #102, 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.

    Commercial Land Near Retail
    $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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    Commercial Corner Land For Sale
    $895,000
    4.34 Acres

    Commercial Corner Land For Sale

    4.34 acres at signalized intersection, high traffic, retail potential.

    27419 West Molidor Road, Volo, IL 60020
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    Barrington Commercial Land Opportunity
    $4,250,000
    2.01 Acres

    Barrington Commercial Land Opportunity

    2.01-acre commercial site in downtown Barrington, Illinois.

    206 N Cook Street, Barrington, IL 60010
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    Prime Barrington Land Opportunity
    $4,250,000
    2.01 Acres

    Prime Barrington Land Opportunity

    2.2-acre site ideal for hotel, residential, or mixed-use development.

    206 N Cook Street, Barrington, IL 60010
    View details

    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.

    125 State Rd

    125 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 19,630 SF
    Value Estimation
    $1,800,000
    125 State Rd, Island Lake, IL 60042-9612
    View details
    660 State Rd

    660 State Rd

    FINANCIAL BUILDING • 9,152 SF
    Value Estimation
    $655,000
    660 State Rd, Island Lake, IL 60042-8218
    View details
    107 State Rd

    107 State Rd

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

    211 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 9,320 SF
    Value Estimation by Request
    211 State Rd, Island Lake, IL 60042-9555
    View details
    203 State Rd

    203 State Rd

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

    652 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 21,730 SF
    Value Estimation
    $1,985,000
    652 State Rd, Island Lake, IL 60042-8218
    View details
    128 State Rd

    128 State Rd

    AUTO REPAIR, GARAGE • 3,752 SF
    Value Estimation by Request
    128 State Rd, Island Lake, IL 60042-9645
    View details
    113 State Rd

    113 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 5,700 SF
    Value Estimation by Request
    113 State Rd, Island Lake, IL 60042-9645
    View details
    225 State Rd

    225 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
    Value Estimation
    $555,000
    225 State Rd, Island Lake, IL 60042
    View details
    226 State Rd

    226 State Rd

    CONVENIENCE STORE • 2,284 SF
    Value Estimation by Request
    226 State Rd, Island Lake, IL 60042-9509
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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
    View details
    4450 Darrell Rd

    4450 Darrell Rd

    RETAIL STORES (PERSONAL SERVICES) • 48,000 SF
    Value Estimation
    $7,860,000
    4450 Darrell Rd, Island Lake, IL 60042-9416
    View details
    27905 Il Rte 176

    27905 Il Rte 176

    CONVENIENCE STORE • 3,825 SF
    Value Estimation
    $850,000
    27905 Il Rte 176, Island Lake, IL 60042-9589
    View details
    310 State Rd

    310 State Rd

    RESTAURANT • 5,560 SF
    Value Estimation by Request
    310 State Rd, Island Lake, IL 60042-9527
    View details
    103 State Rd

    103 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 2,768 SF
    Value Estimation by Request
    103 State Rd, Island Lake, IL 60042-9645
    View details
    27509 Beech St

    27509 Beech St

    BAR, TAVERN • 3,960 SF
    Value Estimation by Request
    27509 Beech St, Island Lake, IL 60042-8464
    View details
    636 State Rd

    636 State Rd

    Strip malls • 21,300 SF
    Value Estimation by Request
    636 State Rd, Island Lake, IL 60042
    View details
    452 State Rd - Is Lk

    452 State Rd - Is Lk

    Individual retail properties • 7,130 SF
    Value Estimation by Request
    452 State Rd - Is Lk, Island Lake, IL 60042
    View details
    223 State Rd

    223 State Rd

    WHOLESALE OUTLET, DISCOUNT STORE • 25,900 SF
    Value Estimation
    $2,300,000
    223 State Rd, Island Lake, IL 60042-9551
    View details
    217 State Rd

    217 State Rd

    RETAIL STORES (PERSONAL SERVICES) • 16,486 SF
    Value Estimation
    $745,000
    217 State Rd, Island Lake, IL 60042-9551
    View details
    229 State Rd

    229 State Rd

    FINANCIAL BUILDING • 1,610 SF
    Value Estimation by Request
    229 State Rd, Island Lake, IL 60042
    View details

    Island Lake, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 24 retail properties & spaces for sale in Island Lake, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,984 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for stores in Island Lake, IL start at $0.00, averaging $500,000, and reaching up to $1,500,000 — 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

    Shopping centers 2

    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 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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