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

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    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
    View details
    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
    View details
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 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 1 Properties for Sales.

    Retail properties & Spaces for Lease in Nearby Cities

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

    Freestanding Storefront
    Freestanding Storefront

    140 Crystal St, Cary, IL 60013

    $20 SF/Yr
    1,587 sqft 0.42 AC lot

    B1 zoning and an existing food-service layout support a range of commercial uses.

    View details
    Neighborhood Retail Strip Center
    Neighborhood Retail Strip Center

    28932-28932 Rand Rd, Lakemoor, IL 60051

    $16 SF/Yr

    Updated commercial center with available space for retail, office, medical, or food service uses under an NNN lease.

    View details
    Convenience Store Space with Walk-In Cooler
    Convenience Store Space with Walk-In Cooler

    28928-28928 Rand Rd, Lakemoor, IL 60051

    $18 SF/Yr

    A walk-in cooler and existing fixtures support convenience-store use, with office, retail, medical, and restaurant uses also identified.

    View details
    Retail Space Available For Rent
    Retail Space Available For Rent

    62 Northwest Highway, Cary, IL 60013

    Contact for pricing

    Retail space available for lease in Cary, Illinois.

    View details

    Similar Spaces for Sale in Island Lake, IL

    Consider Similar Space for Sale. We found 1 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.

    View details

    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 75% above the Illinois state average of $21.74 SF/Yr.

    Island Lake accounts for 2% of the 160 retail properties & spaces currently available across Lake County, where nearby markets include Grayslake and Highland Park.

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    Browse Retail properties & Spaces for Lease Near Island Lake, IL

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