Contact us: 563.441.1776
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.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1964
General Information
County: Lake
Listed By:
Brookline Real Estate LLC
630-590-5910
MRED MLS
MLS ID: 12302454
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310 E State Road, Island Lake, IL 60042.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $750,000 | $750,000 | $750,000 |
| Down Payment | $150,000 | $26,250 | $187,500 |
| Monthly Mortgage Amount | $3,992 | $4,899 | $4,861 |
| Taxes | $1044 | $1044 | $1044 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $330 | $0 |
| Monthly Estimated Total | $5,255 | $6,492 | $6,124 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/20/2026. The listing information on this page last changed on 10/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 10/20/2026 12:07:44 AM EST) or MRED MLS (last updated Tue 10/20/2026 12:02:12 AM EST) or SCWMLS (last updated Mon 10/19/2026 11:55:03 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 10/19/2026 10:18:46 PM EST) or Cedar Rapids MLS (last updated Mon 10/19/2026 10:44:39 PM EST) or NEIRBR MLS (last updated Mon 10/19/2026 11:58:42 PM EST) or ICAAR MLS (last updated Mon 10/19/2026 11:37:27 PM EST) or ECIMLS (last updated Mon 10/19/2026 11:44:34 PM EST) or RMLSA (last updated Tue 10/20/2026 12:00:58 AM EST) or Muscatine MLS (last updated Tue 10/20/2026 12:00:10 AM EST) or No Coast MLS (last updated Tue 10/20/2026 12:04:24 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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