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Listed price in listed location currency (USD).
$19

000

MLS® 12544092

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Lease
Size -
Garage No
Date Available 
Days Active 24
Approx. Age 1997
MLS® Number 12544092

Property Address: 640-642-640 E State Rd, Island Lake, IL, 60042-8218

Average square foot calculated using Size range provided by listing agent.

Description

Unit 640-642: Former 3, 000 SF Mexican restaurant space available for immediate occupancy. Gross rent is $4, 700/mo. ($18.80 psf) based on a minimum three-year lease). Current indoor seating arrangement allows for 60+ dining customers, and the seasonal outdoor patio has 20 more seats. Space includes a 30+ ft long customer cooler, game room for six slot machines, large food prep area, 16ft long cook line with hood and Ansul system, and a separate room for coolers and a freezer. All of the restaurants furniture, fixtures and equipment are scheduled to be available for the next tenant. There is a large electronic message board atop the roadside monument sign that is dedicated primarily for use by the restaurant and the adjoining banquet facility. Also available at this center is a 5, 800 SF banquet center complete with stage, bar, dance floor, large bathrooms and several storage areas. See separate listing for 626-632 E State Rd.
MLS® Number12544092
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1997
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Leased YetSold Price

For Rent

Jan 9, 2026List Date
$19List Price
  • Commute

Commute

Starting Address
Destination Address
640 E State Rd, Island Lake, IL

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