Second-Floor Office
For Lease
Contact for pricing
500 N Lake Street, Mundelein, IL 60060
Commercial Lease, Mundelein, IL
Space Size375 SF
Days on Market1126
Property Features for 500 N Lake Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
OFFIC
Directions
North on Route 45 to Park St., Left on Park St. to parking lot of building.
Subdivision
Ivanhoe / Mundelein
Standard status
Active
Utilities
Cooling system
Window Unit(s)
Amenities
two entrances
Building Details
Year built
1964
Floors in Building
2
Number of units
10
Building materials
Brick
Listing Agency:
HomeSmart Connect LLC · HomeSmart International
(847) 495-5000
Listed By:
Octavio Martinez · License #475142358
(847) 495-5000
Added: Jul 27, 2023
Changed: Aug 19
Last Checked: Aug 25 at 5:06AM
MLS# 11844445
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit 5 offers 375 square feet of office space on the building’s second floor. The 1964 brick building contains 10 available units, with window-unit cooling and two entrances serving the property. Parking is positioned both in front of and behind the building.
The property is located at 500 N Lake Street in Mundelein, Illinois, near Rt 45. The site benefits from access to parking on both sides of the building and a setting along a high-traffic route. Zoning is designated OFFIC.
The property is located at 500 N Lake Street in Mundelein, Illinois, near Rt 45. The site benefits from access to parking on both sides of the building and a setting along a high-traffic route. Zoning is designated OFFIC.
Key Highlights
- 375 SF office unit on the second floor
- 10 available units within the building
- Brick construction dating to 1964
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 60060, IL
37,599
Population
13,827
Households
2.7
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
23.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$110,463
Median Household Income
$52,550
Median Earnings
$1,552
Median Rent
$299,200
Median Home Value
Market
Lease Benchmarks for Mundelein, IL
$23.4 /SF/Yr
Avg Asking Price
$18.33–$30.47 /SF/Yr
Price Range
453 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office unit on the second floor with access to parking and two building entrances.
Where is this office units located?
The property is located at 500 N Lake Street Mundelein, IL.
What are key features of this property?
This property features: 375 SF office unit on the second floor; 10 available units within the building; Brick construction dating to 1964
