Island Lake IL Real Estate & Commercial for Sale

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.

Live / Work Industrial Property 4,147 SF House 3,000 SF Converted Barn 2,300 SF Storage Bldg. 19 acres zoned Office/Research/Industrial. 4.59 acres contains a 4,147 SF 3-4 bdrm, 3 bath hillside ranch home with 2.5 car garage and 14.65 acres contains a 3,000 SF converted barn used as a commercial printing operation plus a 2,300 SF frame storage structure with 4 garage doors. Ideal for a live/work operation. Value is in the land, 10 acres of which is currently being farmed to keep taxes down. City water in front of property. Owner might consider a lease. Zoning allows horses (riding and boarding) and nursery/greenhouse with special use permit. PRICE REDUCED!!