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Retail/Stores · Island Lake, IL
$750,000
beds · baths
310 E State Road, Island Lake, IL, 60042
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air
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.
— the listing agent’s description

The home

Built in 1964
Lot .63
Retail/Stores

What it’ll cost

$15,513 taxes / yr
No HOA
425 days on dwello

Estimated monthly payment

$5,500/mo
Principal & interest$3,988
Property taxes$1,293
Homeowners insurance$219
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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425 days on dwello
Price history
Listed for sale
Mar 3, 2025
$750,000
Property taxes
2025
Annual tax bill (MLS)
$15,513/yr
From county records — verify with the assessor.

Features

Central Air

Schools nearby

Cotton Creek School · 0.4 mi
Matthews Middle School · 1.1 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Dominick Cannata · Brookline Real Estate LLC
Listing last updated Apr 25, 2026 · data refreshed from the MLS Jun 17, 2026, 6:11 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:11 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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