310 State RdIsland Lake, IL 60042
For Sale
$780,000
Net-leased restaurant, strong ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- 4,943 SF fee-simple retail property at 310 E State Rd, Island Lake, IL 60042, on a 0.63-acre lot.
- Island Lake Cafe, a long-term tenant (since 2004), has a double-net lease with approximately 4.3 years remaining (expiring 02/28/2029).
- High-traffic location on IL Route 176, a major retail thoroughfare, at a signalized intersection.
- Strong demographics: Over 22,700 residents within 3 miles, average household income exceeding $141,200.
- High daily traffic count exceeding 19,600 vehicles on E State Rd.
- Excellent retail trade area with numerous national and local retailers, including Walgreens, McDonald's, and more.
Property Details for 310 State Rd
- Property type
- Other retail properties, Restaurants
- Square Feet
- 4,943 SF
- Year Built
- 1964
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 27,443 SF
- Units
- 1
Location Insight
- City
- Island Lake
- County
- Lake
- State
- Illinois
- Latitude
- 42.271007423653
- Longitude
- -88.192619637806
310 State Rd, Island Lake, Illinois
Nearby Comparable
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website