Retail

Island Lake, IL Retail Properties & Spaces for Lease

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Retail Space with Medical Buildout
Updated: Aug 5, 2025
Retail Space with Medical Buildout

125 E State Road, Island Lake, IL 60042

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Approximately 1,000 square feet in Unit 10
Existing medical‑office layout from prior doctor's office use
Central air conditioning
Shopping‑center setting anchored by Culvers and the US Post Office
Access and visibility along high‑traffic 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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Medical Office Suite in Shopping Center
Medical Office Suite in Shopping Center

125 E State Road #6, Island Lake, IL 60042

$16 SF/Yr
1,000 sqft

Previously a doctor’s office, Unit 10 offers a ready-to-use medical layout with strong Route 176 visibility and ample parking.

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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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Remodeled Retail Space in Island Lake
Remodeled Retail Space in Island Lake

626-654 E State Rd, Island Lake, IL

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1,300 sqft 3.22 AC lot

1,300 SF remodeled retail space in Westridge Shopping Center.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Island Lake, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 3 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

Contact for pricing
4,603 sqft

Highly visible retail space 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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Retail suite in a strip center with Route 31 exposure, large display windows, and signage opportunities.

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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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Retail Space in Cary, IL
Retail Space in Cary, IL

3106 Three Oaks Rd, Cary, IL 60013

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Prime retail location in the heart of Cary, Illinois.

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Similar Spaces for Sale in Island Lake, IL

Consider Similar Space for Sale. We found 3 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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Renovated Retail Building in Island Lake
Renovated Retail Building in Island Lake

660 E State Rd, Island Lake, IL 60042

Contact for pricing
10,600 sqft

Fully renovated retail building occupied by Emerald Dispensary.

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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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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.

Plainfield Commercial Land For Rent
Plainfield Commercial Land For Rent

SW corner of Rte 59 & Fraser Road, Plainfield, IL 60586

Contact for pricing

6.491 acre commercial land available for rent in Plainfield, IL.

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Retail Development Land Near Walmart
Retail Development Land Near Walmart

333 W Stevenson Rd OUTLOTS, Ottawa, IL 61350

Contact for pricing
12,000 sqft 1.28 AC lot

Outlots and pad site available for ground lease near I-80.

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Commercial Land Lease Opportunity
Commercial Land Lease Opportunity

2960 Matson Drive, Chesterton, IN 46304

Contact for pricing
0.85 AC lot

Land parcels available for lease in high-traffic Chesterton area.

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Commercial Land For Lease
Commercial Land For Lease

2522 Van Ommen Dr, Holland, MI 49424

$9 SF/Yr
8,190 sqft

8,190 SF commercial land available for lease.

View details

Island Lake, IL Retail properties & Spaces Market Trends and Statistics

Explore Retail properties & Spaces leasing options in Island Lake, IL with 5 listings featured on our commercial real estate exchange. The current inventory includes 12,684 square feet of properties with an estimated lease value of $54 SF/Yr.

Estimated lease rates for Retail properties & Spaces in Island Lake, IL begin at $16 SF/Yr, with an average of $27 SF/Yr and extend to $38 SF/Yr.
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