640-642 E State Rd. (Route 176)

For Lease

640-642 E State Rd. (Route 176), Island Lake, IL 60042

You can currently find 1 retail space(s) available for lease at 640-642 E State Rd. (Route 176). Designated use type for space listed here includes retail. Current retail listings at this property total 3,000 square feet. Lease type options include Full Service. Expand the listing and property details below for additional information on leasing opportunities at 640-642 E State Rd. (Route 176).

Space Available For Lease 1

Contacts

Mike Deacon

Premier Commercial Realty

Property Details

  • Property Type Retail - Street Retail
  • Property Size 21,300 SF
  • Year Built 1997
  • Date Updated Jan 20, 2026
1/2 mile east of Island Lake on Route 176Unit 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.
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Getting around

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Location

  • City Island Lake, IL
  • Zip Code 60042
  • Market Chicago

Points of Interest

  • Cary

    5.02 miles

  • Fox River Grove

    5.23 miles

  • Pingree Road

    6.19 miles

  • Crystal Lake

    6.88 miles

  • Barrington

    8.58 miles

  • Taxi Stand

    8.63 miles

  • Fox Lake

    8.91 miles

  • Washington Street (Grayslake)

    9.36 miles

  • Prairie Crossing

    9.49 miles

  • Mundelein

    9.69 miles

  • Save More Gas

    0.31 miles

  • BP

    0.38 miles

  • Thorntons

    0.62 miles

  • Phillips 66

    1.79 miles

  • Marathon

    2.30 miles

  • Citgo

    2.34 miles

  • ChargePoint

    2.40 miles

  • Woodman's Gas

    3.66 miles

  • Tesla Supercharger

    3.71 miles

  • Speedway

    4.05 miles

  • Hickory Grove Riverfront parking

    2.58 miles

  • Lyons Prairie and Marsh trailhead

    2.91 miles

  • Fel-Pro RRR Conservation Area - East Entrance

    3.06 miles

  • trailhead

    3.27 miles

  • Fel-Pro RRR Conservation Area - West Entrance

    3.39 miles

  • Pike Marsh

    3.48 miles

  • Kettle Woods

    3.58 miles

  • Pine Hills

    3.67 miles

  • Hickory Ridge

    3.74 miles

  • Oak Opening

    3.94 miles

  • Island Lake Cafe

    0.31 miles

  • El Norteno

    0.46 miles

  • Culver's

    0.48 miles

  • Bella Luke's

    0.56 miles

  • Nancy's Pizza

    1.33 miles

  • Subway

    1.37 miles

  • Dunkin'

    1.39 miles

  • McDonald's

    1.40 miles

  • Taco Bell

    1.55 miles

  • Little Caesars

    1.75 miles

  • Jewel-Osco

    1.94 miles

  • 3 Amigas

    2.22 miles

  • Woodman's Markets

    3.67 miles

  • ALDI

    5.24 miles

  • Kohl's

    5.64 miles

  • Walmart Supercenter

    6.43 miles

  • Fresh Thyme

    6.52 miles

  • Target

    6.66 miles

  • American Freight

    6.96 miles

  • Burlington

    7.25 miles

640-642 E State Rd. (Route 176) Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 640-642 E State Rd. (Route 176) asks $18.80/SF/YR per square foot.

  • The property includes 3,000 square feet of retail space for lease. Of this total, 3,000 square feet are Retail.

    Lease agreement conditions for the availability at this property include Full Service.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

Contact Listing Broker
Mike Deacon

Premier Commercial Realty

  1. 1Main information
  2. 2Extra information
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