310 E State Road,Island Lake, IL 60042
Island Lake, IL 60042
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.
Details
| MLS # | 12302454 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 539 |
| Listing Provided By | Brookline Real Estate LLC | Dominick Cannata |
Features
| SQ Feet | 4,943 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | COMMR |
| Acreage | 0.63 |
Interior
| Cooling | Central Air |
|---|
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 15513.36 |
Area Information
| State | IL |
|---|---|
| County | Lake |
| City | Island Lake |
| Zip Code | 60042 |
| Area | Island Lake |
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Island Lake |
| Zip Code | 60042 |
| Area | Island Lake |
 | $1,125,000217 W State RoadIsland Lake, IL 60042 |