REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 12

Save

Active

626 E State RD #626-632 Island Lake, IL 60042

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Rent

MLS Listing ID 12551383

Year Built 1997

Tax Year 2024

Property Sub-Type Retail/Stores

Property Description

Former Banquet Facility 5,800 SF 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.

Location

State IL

County Mchenry

Area Island Lake

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Listed by Michael Deacon of Premier Commercial Realty

Nearby School & Business

AFFORDABILITY CALCULATOR

Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.

You can afford a home up to: $0

Your debt-to-income ratio is 36%
Quite affordable.

View Affordable Properties

Payment Breakdown：

$0 Month

Get more info from a local expert!

MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA