Map of Property

Former Dispensary & Consumption Lounge with Kitchen and License

For Lease

660 E State Road, Island Lake, IL 60042

You can currently find 1 retail space(s) available for lease at Former Dispensary & Consumption Lounge with Kitchen and License. Designated use type for space listed here includes freestanding. Current retail listings at this property total 10,384 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Former Dispensary & Consumption Lounge with Kitchen and License.

Space Available For Lease 1

Contacts

Karen Kulczycki

SVN | Chicago Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 10,384 SF
  • Lot Size 0.74 Acre
  • Parking Spaces Avail. 30
  • Property Tenancy Single Tenant
  • Year Built 1999
  • Year Renovated 2023
  • Date Updated Jun 12, 2026
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.SVN Chicago Commercial is pleased to present Emerald Dispensary, located at 660 E State Street, Island Lake, Illinois, an owner/user opportunity in the northwest Chicago suburban market. This former bank property is +/-10,384 SF, fully renovated, free-standing retail building on an outlot with 203' of frontage on Route 176 (17,258 VPD). Modernized in 2023 with designer-grade finishes, a two-story mural, mechanical systems, and formerly occupied by Emerald Dispensary with award-winning Northern Heights craft cannabis brand. The company retails premium cannabis products, concentrates, edibles, wellness products, and accessories for both medical and recreational consumers. New dispensary license included. A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turnkey Cannabis Cultivation Farm Property sold separately.SVN Chicago Commercial is pleased to present Emerald Dispensary, located at 660 E State Street, Island Lake, Illinois, with an opportunity in the northwest Chicago suburban market. This former bank property is +/-10,384 SF, fully renovated, free-standing retail building on an outlot with 203' of frontage on Route 176 (17,258 VPD). Modernized in 2023 with designer-grade finishes, a two-story mural, mechanical systems, and formerly occupied by Emerald Dispensary with award-winning Northern Heights craft cannabis brand. The company retails premium cannabis products, concentrates, edibles, wellness products, and accessories for both medical and recreational consumers. Dispensary License sold separately. A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turnkey Cannabis Cultivation Farm Property sold separately.
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Highlights

  • ±10,384 SF Class A Retail Building Redesigned in 2023
  • Designer-grade finishes | Kitchen | Elevator
  • DID | Storage | Upgraded HVAC System
  • High-End Turn-key Dispensary & Consumption Lounge
  • High-Visibility | 203' Frontage on RT 176 | Parking
  • Offices | 4 Restrooms | Breakroom Kitchenette

Attachments

Getting around

  • 48/100

    Walk Score ®

  • 36/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Cary

    4.98 miles

  • Fox River Grove

    5.19 miles

  • Pingree Road

    6.17 miles

  • Crystal Lake

    6.87 miles

  • Barrington

    8.54 miles

  • Taxi Stand

    8.65 miles

  • Fox Lake

    8.96 miles

  • Washington Street (Grayslake)

    9.39 miles

  • Prairie Crossing

    9.50 miles

  • Mundelein

    9.69 miles

  • Save More Gas

    0.33 miles

  • BP

    0.40 miles

  • Thorntons

    0.59 miles

  • Phillips 66

    1.81 miles

  • Marathon

    2.28 miles

  • Citgo

    2.33 miles

  • ChargePoint

    2.39 miles

  • Woodman's Gas

    3.71 miles

  • Tesla Supercharger

    3.75 miles

  • Speedway

    4.10 miles

  • Hickory Grove Riverfront parking

    2.53 miles

  • Lyons Prairie and Marsh trailhead

    2.86 miles

  • Fel-Pro RRR Conservation Area - East Entrance

    3.03 miles

  • trailhead

    3.22 miles

  • Fel-Pro RRR Conservation Area - West Entrance

    3.36 miles

  • Pike Marsh

    3.52 miles

  • Kettle Woods

    3.62 miles

  • Pine Hills

    3.71 miles

  • Hickory Ridge

    3.78 miles

  • Oak Opening

    3.98 miles

  • Island Lake Cafe

    0.33 miles

  • El Norteno

    0.48 miles

  • Culver's

    0.50 miles

  • Bella Luke's

    0.58 miles

  • Nancy's Pizza

    1.36 miles

  • Subway

    1.40 miles

  • Dunkin'

    1.42 miles

  • McDonald's

    1.43 miles

  • Taco Bell

    1.53 miles

  • Little Caesars

    1.73 miles

  • Jewel-Osco

    1.92 miles

  • 3 Amigas

    2.20 miles

  • Woodman's Markets

    3.72 miles

  • ALDI

    5.21 miles

  • Kohl's

    5.60 miles

  • Walmart Supercenter

    6.40 miles

  • Fresh Thyme

    6.50 miles

  • Target

    6.64 miles

  • American Freight

    7.00 miles

  • Burlington

    7.23 miles

660 E State Road 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 Former Dispensary & Consumption Lounge with Kitchen and License asks $38.00/SF/YR per square foot.

  • The property includes 10,384 square feet of retail space for lease. Of this total, 10,384 square feet are Freestanding.

    Lease agreement conditions for the availability at this property include NNN.

    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.

    660 E State Road was last renovated in 2023.

Contact Listing Broker
Karen Kulczycki

SVN | Chicago Commercial

  1. 1Main information
  2. 2Extra information
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