Sara Carlson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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
Shown By
Get in Touch
Shown By
Contact an agent to learn more about
310 E State Road, Island Lake, IL 60042.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| 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 | $3,743 | $4,534 | $4,671 |
| Taxes | $1044 | $1044 | $1044 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $330 | $0 |
| Monthly Estimated Total | $5,006 | $6,127 | $5,934 |
Sara Carlson
REALTOR®
REALTOR®, ASP, CRS, E-PRO, HMS
Office: (563) 264-0240
Cell: (563) 506-0241
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
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.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agent License Information: Licensed in IA