Former Dispensary & Consumption Lounge with Kitchen and License

Investment Overview

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. 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.

Investment Highlights

• ±10,384 SF Class A Retail Building Redesigned in 2023
• High-End Turn-key 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