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404 Washington Blvd Mundelein, IL 60060

Sponsored
For Sale
$1,950,000

31,600 SF Warehouse, 2.38 Acres

Property size:
31,600 SF

Description

Added:
Feb 3, 2025
Days on Market:
340
This exceptional 31,600 square foot industrial building, situated on a generous 2.38-acre lot in Mundelein, Illinois, presents a compelling investment opportunity. The property boasts a well-maintained structure with ample parking, specifically designed for outside storage and truck parking. The building's layout is highly functional, incorporating 21% office space and the remaining area dedicated to warehouse operations. Key features include a loading dock equipped with a leveler, a 10-foot drive-in door, and substantial heavy power capacity. The column spacing is 28 feet, offering flexibility for various layouts and configurations. Its strategic location provides excellent access to major transportation arteries, including a convenient 4.5-mile proximity to the I-94 & Townline Road interchange. Additional access is readily available via Hawley/Route 176, Lake Street, Route 45, Route 60, and Route 83. The property's versatility allows for either full occupancy by a single owner-user or subdivision into smaller units to generate additional rental income. Recently under new ownership, the building has undergone a complete renovation, ensuring modern functionality and efficiency. This property represents a rare opportunity to acquire a high-quality industrial asset in a desirable location with significant potential for growth and return on investment. The asking price is $1,950,000.

Property Features for 404 Washington Blvd

General Information

Property type
Investment properties
Square Feet
31,600 SF
Lot Size
103,673 SF

Building Details

Year Built
1976

Property Profile Location Intelligence

Current Use by Public Records

Investment properties

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Mundelein
County
Lake
State
Illinois
Longitude
-87.98707
Latitude
42.25813

FAQs

What type of property is this?
Investment property - 31,600 SF Warehouse, 2.38 Acres
Where is this investment property located?
The property is located at 404 Washington Blvd Mundelein, IL.
What is the asking price?
The asking price for this property is $1,950,000.
More about this property
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