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STNL Retail | Former Dispensary & Lounge 660 E State Rd 10,384 SF Retail Building Island Lake, IL 60042 For Sale
Investment 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
- Offices | 4 Restrooms | Breakroom Kitchenette
- High-Visibility | 203' Frontage on RT 176 | Parking
Executive Summary
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.
A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turnkey Cannabis Cultivation Farm Property and Business sold separately.
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.
A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turnkey Cannabis Cultivation Farm Property and Business sold separately.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,384 SF
Building Class
B
Year Built/Renovated
1999/2023
Tenancy
Single
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.74 AC
Zoning
GB
Parking
30 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
203’ on Route 176 (E State Rd)
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 09-28-204-012 | Improvements Assessment | $303,226 CAD |
| Land Assessment | $127,972 CAD | Total Assessment | $431,198 CAD |
Property Taxes
Parcel Number
09-28-204-012
Land Assessment
$127,972 CAD
Improvements Assessment
$303,226 CAD
Total Assessment
$431,198 CAD
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STNL Retail | Former Dispensary & Lounge | 660 E State Rd
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