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    500 N Lake St, Unit 10 Mundelein, IL 60060

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Mundelein, IL

    Type:Office
    Days on Market:
    122
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 500 N Lake St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OFFIC

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1964
    Floors in Building
    2
    Number of units
    10
    Building materials
    Brick

    HomeSmart Connect Real Estate [email protected]

    Listing agent Octavio Martinez (224) 639-5090

    Listing date Sep 7, 2025

    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.

    Overview

    Mundelein Office Space For Rent

    This 720 sq ft office space, located in Mundelein, Illinois, is available for rent. The unit, designated as Unit 10, features new flooring, a small closet, and two window A/C units. The building, suitable for office or business use, contains 10 units and provides ample parking in both the front and rear. The office spaces are situated on the second floor, accessible via two entrances. The property benefits from a location off Route 45, offering high traffic and visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mundelein
    County
    Lake
    State
    Illinois
    Longitude
    -88.002473
    Latitude
    42.255768

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    FAQs

    What type of property is this?
    Office space - 720 sq ft office space in Mundelein, Illinois.
    Where is this office space located?
    The property is located at 500 N Lake St, Unit 10 Mundelein, IL.
    What are key features of this property?
    This property features: - High visibility location off Rt 45 with high traffic; - Ample parking available in front and rear of building; - New flooring in the unit
    (847) 495-5000
    Request Owner's contact information
    500 N Lake St, Unit 10 Mundelein, IL 60060
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    Mundelein, IL 60060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 N Lake St, Unit 10 Mundelein, IL 60060
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