A multi-purpose illumination device and a system and method for operating a multi-purpose illumination device are provided herein. A multi-purpose illumination device may include a lamp housing and a light source disposed within the lamp housing. The lamp housing may include a front, a back, a top, and a bottom, with the light from the light source projecting from the front of the lamp housing. The lamp housing may further define an air channel with an air inlet and an air outlet. The air inlet may be defined in the front of the lamp housing. The air outlet may be defined in the top of the lamp housing. Some embodiments may include a heat sink disposed within the lamp housing, where the air channel is at least partially defined by the heat sink. The heat sink may include at least one heat-dissipating fin disposed within the air channel.