$750,000

310 E State Road, Island Lake, IL 60042

  • 4,943 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.63acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $152/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Presenting the opportunity to acquire a STNL investment positioned in a strong, transit-oriented location in the Chicago suburb of Island Lake. Island Lake Cafe at 310 E State Road contains 4,943 square-feet and is situated on approximately 0.63 acres. Directly on Route 176 between US Route 12 and the Fox River, the property benefits greatly from its position at a signalized intersection along the main business corridor which features national retailers and outdoor-related businesses. The building has been well-maintained and offers its visitors 29 total parking spots in an accessible lot with three points of ingress/egress. Island Lake Cafe has been in operation for 30 years and currently has four years left on their lease. This asset is being offered with tremendous cash flow and continued growth.

Listing Status:
Active
Listing Office:
Brookline Real Estate LLC : 630-590-5910
Listing Agent:
Dominick Cannata : 630-590-5910
MLS ID:
12302454
  • A/C: Central Air

This listing courtesy of Dominick Cannata, Brookline Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cotton Creek Elementary School

545 Newport Ct, Island Lake, IL, 60042

Grades KG-5

0.90 miles away

M

Matthews Middle School

PO Box 920, Island Lake, IL, 60042

Grades 6-8

0.87 miles away

W

Wauconda High School

555 N Main St, Wauconda, IL, 60084

Grades 9-12

2.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.