STNL Retail | Dispensary & Consumption Lounge with Kitchen
660 E State Road
Island Lake, IL 60042
Highlights
- ±10,384 SF Class A Retail Building Redesigned in 2023
- 100% occupied by High-End Emerald Dispensary & Consumption Lounge
- Designer-grade finishes | Kitchen | Elevator
- Offices | 4 Restrooms | Breakroom Kitchenette
- DID | Storage | Upgraded HVAC System
- High-Visibility | 203' Frontage on RT 176 | Parking
Description
SVN Chicago Commercial is pleased to present 660 E State Street, Island Lake, Illinois, an investment opportunity in the northwest Chicago suburban market. This former bank property is ±10,384 SF, a 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 100% occupied by Emerald Dispensary with the 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. A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turn-key Cannabis Cultivation Farm Property and Business sold separately.
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.
