815-814-6500
626-654 E State Rd, Island Lake, IL for Rent

$12.00-$18.80 USD /SF/yr

Retail - For Rent
1/6
1,300-5,800 SF | 2 Spaces

626-654 E State Rd
Island Lake, IL 60042


HIGHLIGHTS

  • Former Banquet Facility 5,800 SF Divisible
  • Mexican Restaurant Space 3,000 SF

OVERVIEW

Former Banquet Facility Unit 626-632: 5,800 SF banquet facility is available for immediate occupancy. Gross rent is $5,800/mo ($12. psf with a minimum three-year lease). Current seating capacity is 300+ with 40 tables, all positioned on a terrazzo floor. Space includes a full service bar, stage for band or wedding party, huge dance floor, oversized bathrooms, separate area for coolers and a freezer and several storage /prep areas). All of the furniture, fixtures and equipment are scheduled to be available for the next tenant if the space is leased as another banquet facility. There is a large electronic message board atop the roadside monument sign that is dedicated primarily for use by this facility and the adjoining restaurant. This space incorporates 4 retail spaces ranging from 1,300 to 1,500 SF. The entire space can be downsized into any combination of two, three or four units ranging from 1,300 – 4,500 SF. 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.

RENTAL DETAILS

SPACE AVAILABLE

1,300-5,800 SF

# OF SPACES

2

RENT RATE (MO)

$1.00-$1.57 USD /SF/mo

RENT RATE (YR)

$12.00-$18.80 USD /SF/yr

LEASE TYPE

Plus All Utilities

LEASE LENGTH

3-20 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

-

TOTAL BUILDING SIZE

21,300 SF

YEAR BUILT

1997

PARKING SPACES

110

LAND DETAILS

CROSS STREETS

Westridge Dr

LAND ACRES

3.22 AC

LAND SF

140,263 SF

ZONING

B-2, Island Lake

ASK ABOUT THIS PROPERTY

Mike DeaconPremier Commercial RealtyMore Info
815-814-6500

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Mike DeaconPremier Commercial RealtyMore Info
815-814-6500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.