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$12 Just Listed
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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.
Full Property Details
Full Property Details for 626 E State Rd #626-632
General
- Price: $12
- Taxes: (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12551383
- Updated: 1/20/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: Island Lake
- County: McHenry
- Driving Directions: 1/2 mile east of Island Lake on route 176
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Ceiling Height: 10
- Stories/Levels: 1
- Year Built: 1997
Lot Features
- Zoning: COMMR
Financial Considerations
- Lease Price: $12
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1997
- Tax Year: 2024
- Tenant Pays: All Utilities
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Schools
Schools serving 626 E State Rd #626-632
School District:Wauconda Community Unit School District 118
| Name | Grades | Distance |
|---|---|---|
Cotton Creek School 545 Newport Court, Island Lake, IL 60042 | K-5 | 1.2 mi |
Matthews Middle School PO Box 920, Island Lake, IL 60042 | 6-8 | 0.8 mi |
Wauconda High School 555 North Main Street, Wauconda, IL 60084 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 626 E State Rd #626-632
Date
Details
Price
Change
Source
1/20/2026
Listed
$12
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 626 E State Rd #626-632
626 E State Road #626-632, Island Lake, IL 60042 (MLS# 12551383) is a Commercial Lease property. 626 E State Road #626-632 is currently listed for $12 and was received on January 20, 2026. Want to learn more about 626 E State Road #626-632? Do you have questions about finding other Commercial Lease real estate for sale in Island Lake? You can browse all Island Lake real estate or contact a Coldwell Banker agent to request more information.

