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Former Dispensary & Consumption Lounge 660 E State Rd 10,384 SF Retail Building Island Lake, IL 60042 $4,600,000 ($442.99/SF)
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 | License Included
- Offices | 4 Restrooms | Breakroom Kitchenette
- High-Visibility | 203' Frontage on RT 176 | Parking
Executive Summary
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. New dispensary license included.
A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turnkey Cannabis Cultivation Farm Property sold separately.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
SVN Chicago Commercial is pleased to present Emerald Dispensary, located at 660 E State Street, Island Lake, Illinois, with an 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. Dispensary License sold separately. A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turnkey Cannabis Cultivation Farm Property sold separately.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,384 SF | Retail | - | Now |
1st Floor
| Size |
| 10,384 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 10,384 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
SVN Chicago Commercial is pleased to present Emerald Dispensary, located at 660 E State Street, Island Lake, Illinois, with an 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. Dispensary License sold separately. A members-only lower-level consumption lounge offers a limited food menu and private entertainment rooms. Turnkey Cannabis Cultivation Farm Property sold separately.
Property Taxes
| Parcel Number | 09-28-204-012 | Improvements Assessment | $233,883 |
| Land Assessment | $98,706 | Total Assessment | $332,589 |
Property Taxes
Presented by
Former Dispensary & Consumption Lounge | 660 E State Rd
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