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Active - Other for sale

Island Lake, IL

Facts & features

Other Property type
627 days on Beycome
1964 Year built
27,442 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of Brookline Real Estate LLC as distributed by MLS GRID.

Listed by: Dominick Cannata • Brookline Real Estate LLC

Co-listed by: Brookline Real Estate LLC

Source: MRED as distributed by MLS GRID, MLS#: 12302454 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 7:32 PM EST.

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Affordability

$490,000$1,015,000
1%20%
0%90%
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Estimated monthly payment

$5,085/mo

  • Mortgage$3,792
  • Property tax$1,293
  • HOA fee
  • Homeowners insurance
Due at closing$596,250
Down payment held in escrow$150,000
Closing costs$11,250
beycome credit Est.$15,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Island Lake

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. 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.

$750,000 Listed price

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