Office Unit with
For Lease
Contact for pricing
500 N Lake Street, Mundelein, IL 60060
Commercial Lease, Mundelein, IL
Space Size375 SF
Days on Market1172
Property Features for 500 N Lake Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
COMMR
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
ample parking
two entrances
Building Details
Year built
1964
Floors in Building
2
Number of units
10
Flooring type
Carpet
Building materials
Brick
Listing Agency:
HomeSmart Connect LLC · HomeSmart International
(847) 495-5000
Listed By:
Octavio Martinez · License #475142358
(224) 639-5090
Added: Jul 27, 2023
Changed: Aug 19
Last Checked: Oct 10 at 7:06AM
MLS# 11839602
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 1 offers 375 square feet of second-floor office space within a brick building constructed in 1964. The space has carpeted flooring and window unit cooling, with office use identified for the property. The building includes 10 units available, two entrances, and parking areas positioned in front of and behind the building.
The property is located at 500 N Lake Street in Mundelein, Illinois, near Rt 45. COMMR zoning applies to the site, and the building’s second-floor configuration provides a defined office setting for businesses seeking space in the area.
The property is located at 500 N Lake Street in Mundelein, Illinois, near Rt 45. COMMR zoning applies to the site, and the building’s second-floor configuration provides a defined office setting for businesses seeking space in the area.
Key Highlights
- 375 square feet in Unit 1
- Second‑floor office space in a brick building
- 10 units available
Property Analytics
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Current Use
Lease Details
Yes
Highway 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
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Market
Lease Benchmarks for Mundelein, IL
$24 /SF/Yr
Avg Asking Price
$18–$30 /SF/Yr
Price Range
459 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 - Second-floor office space in a brick building with multiple entrances and parking at both the front and rear.
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 square feet in Unit 1; Second‑floor office space in a brick building; 10 units available
