STNL Retail | Former Dispensary & Consumption Lounge with Kitchen
Market Price
660 E State Road, Island Lake, IL 60042
10,600 sqft
Building Size
0.74 acres
Lot Area
Details:
Highlights:
- ±10,384 SF Class A Retail Building Redesigned in 2023
- High-End Turn-key Dispensary & Consumption Lounge
- Designer-grade finishes | Kitchen | Elevator
- Offices | 4 Restrooms | Breakroom Kitchenette
- DID | Storage | Upgraded HVAC System
- High-Visibility | 203' Frontage on RT 176 | Parking
Description:
SVN Chicago Commercial is pleased to present 660 E State Street, Island Lake, Illinois, a value-add opportunity in the northwest Chicago suburban market. This former dispensary and consumption lounge property is a ±10,384 SF, fully-renovated, free-standing retail building on an outlot with 203' of frontage on Route 176 (17,258 VPD). The property was modernized in 2023 with designer-grade finishes, a two-story mural, and updated mechanical systems. A lower-level consumption lounge offers a bar and pantry area and private entertainment rooms. Turn-key dispensary and consumption lounge business, cannabis cultivation farm, equiptment, and logistics business available for sale separately.
Discover a vibrant opportunity in the Village of Island Lake, within Lake County, IL. A bustling but close-knit community approximately 42 miles northwest of Chicago. The area boasts excellent visibility and high traffic, making it an ideal spot for investment in a Retail/free-standing building. The property sits on an outlot of the fully-leased Westridge Shopping Center, which includes a diverse mix of retailers, including restaurants, dental, nail salon, pet supply store, and more. Nearby, the Village Park Plaza offers a diverse array of shopping and dining options, while the picturesque Island Lake provides a serene backdrop for leisurely strolls. Positioned within reach of major thoroughfares and less than 7 miles to the Cary Metra Station, this location presents an enticing prospect for investors seeking to tap into the dynamic retail landscape of the NW Suburb of Chicagoland area.
Documents:
| Title | ||
|---|---|---|
| SVN_-_Brochure_SALE.pdf |
Location
Gallery
