Island Lake, IL 60042 640 E State Road # 640-642

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Presented By: Premier Commercial Realty
  • MLS# 12544092
  • 01/09/2026
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  • SQFT • 3,000

Home Details

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.
Presented By: Premier Commercial Realty

General for 640 E State Road # 640-642

Assoc Fee Paid PerNot Applicable
CityIsland Lake
CoolingCentral Air
CountyMcHenry
Directions1/2 mile east of Island Lake on Route 176
ElectricService - 0 to 100 Amps
Leasable Area3000
Lease TypeGross
MLS AreaIsland Lake
Net Operating Income
Property SubtypeRestaurant
Property TypeCommercial Lease
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount0
Tax Year2024
Tenant PaysAll Utilities
Total Actual Rent4700
Unit Number640-642
Year Built1997
ZoningCOMMR

Additional Details

Price History

Client Care

Price $4,700
MLS#12544092
List Date 01/09/2026
Property Type Commercial
Phone 847.485.2500
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