O'Neil Property Group

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$750,000
611 Days On Site

310 E State Road
Island Lake, IL 60042

For Sale|Business|Active
0
Beds
0
Total Baths
4,943
SqFt
$152
/SqFt
1964
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Brookline Real Estate LLC
310 E State Road310 E State Road310 E State Road
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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.

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Listing Snapshot
PriceΒ 
$750,000
Days On SiteΒ 
611 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
4,943 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1964
MLS NumberΒ 
12302454
StatusΒ 
Active
Property TaxΒ 
$15,513.36
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
6 months agoListing updated with changes from the MLS
2 years agoStatus changed to Active
2 years agoListing first seen on site
General Features
Property Sub TypeΒ 
Business
SqFt TotalΒ 
4943
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
ElectricΒ 
Circuit Breakers
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Exterior Features
Road FrontageΒ 
State Road
Community Features
MLS AreaΒ 
Island Lake
TownshipΒ 
Wauconda
Listing Courtesy of MRED as distributed by MLS Grid of Brookline Real Estate LLC



Based on information submitted to the MLS GRID as of 2026-11-05 11:08 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-05 11:08 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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