Unit 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.
Property Details
Price:
$0
MLS #:
MRD12544092
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial Lease
Subtype:
Restaurant
Neighborhood:
islandlake
Listed Date:
Jan 9, 2026
Year Built:
1997
Schools
Interior
Cooling
Central Air
Exterior
Financial
HOA Frequency
Not Applicable
Tax Year
2024
Listing Agent & Office
Michael Deacon
Premier Commercial Realty
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640 E State Road #640-642
Island Lake, IL


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