Office Unit with New
For Lease
Contact for pricing
500 N Lake Street, Mundelein, IL 60060
Commercial Lease, Mundelein, IL
Space Size720 SF
Days on Market1121
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)
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 20 at 10:06PM
MLS# 11844676
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 10 offers 720 square feet of second-floor office space within a brick building constructed in 1964. The suite includes new flooring, a small closet, and two window A/C units. The property is zoned OFFIC and includes two building entrances.
Parking is available at both the front and rear of the building, supporting convenient access for occupants and visitors. The property is situated off Rt 45 at 500 N Lake Street in Mundelein, Illinois. The building has 10 office units available, providing a multi-suite setting for businesses seeking office space.
Parking is available at both the front and rear of the building, supporting convenient access for occupants and visitors. The property is situated off Rt 45 at 500 N Lake Street in Mundelein, Illinois. The building has 10 office units available, providing a multi-suite setting for businesses seeking office space.
Key Highlights
- 720 sq ft office unit on the 2nd floor
- New flooring, small closet, and 2 window A/C units
- Brick building constructed in 1964
Property Analytics
Property Profile
Current Use
Lease Details
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 - Second-floor office space with a closet, window cooling, and access to front and rear parking.
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: 720 sq ft office unit on the 2nd floor; New flooring, small closet, and 2 window A/C units; Brick building constructed in 1964
