333 Washington Blvd Mundelein, IL 60060-3105
This exceptional 32,855 square foot single-tenant industrial building is strategically located at 333 Washington Boulevard in Mundelein, Illinois. Situated just north of Allanson Road, this property offers unparalleled convenience with its proximity to major transportation arteries. Route 60 (Townline Road and Butterfield Road) are minutes away, providing easy access to regional distribution networks. The building itself boasts a robust reinforced concrete foundation, complemented by durable masonry and steel walls, and a visually appealing brick and metal panel exterior. The fully air-conditioned interior provides a comfortable and efficient workspace. Significant expansion potential exists for both the building and the ample parking area. A large fenced area offers versatile options for trailer parking, heavy vehicle parking, or secure outside storage. The property's strategic location is further enhanced by its proximity to key infrastructure: a mere 4.5 miles from the I-94 & Townline Road four-way interchange and only 26 miles from O'Hare International Airport. Local thoroughfares such as Hawley/Route 176, Lake Street, Route 45, Route 83, all contribute to seamless transportation and logistics. This 4.02-acre site presents a rare opportunity for businesses seeking a well-maintained, expandable facility in a highly desirable location. The asking price is $3,250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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