$ 750,000
-
$750,000
Price -
0
Bed - Bath
-
4,943
SqFt
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About the Listing 24880 - 231694
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.
Listing Highlights for 310 E State Rd
Status
Active
Days on Site
197
Property Type
Commercial Sale
MLS ®
12302454
Year Built
1964
Total Square Footage
4,943
Lot/Acreage
0.63
County
Lake
Area
Island Lake
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: .63
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: 31-50 Spaces
Financial Details
- Tax Amount: $15,513
- Taxes w/Assessments: N/A
- Tax/Property ID: 09213200240000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
310 E State Rd Island Lake, IL 60042
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