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    333 Washington Blvd Mundelein, IL 60060

    Sponsored
    For Sale
    $3,250,000

    Large industrial building, excellent access, expandable.

    Property size:
    32,855 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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.

    Property Features for 333 Washington Blvd

    General Information

    Property type
    Investment properties
    Square Feet
    32,855 SF
    Lot Size
    175,111 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office 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
    -87.98558
    Latitude
    42.25922

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    FAQs

    What type of property is this?
    Investment property - Large industrial building, excellent access, expandable.
    Where is this investment property located?
    The property is located at 333 Washington Blvd Mundelein, IL.
    What is the asking price?
    The asking price for this property is $3,250,000.
    (312) 676-1866
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    333 Washington Blvd 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
    333 Washington Blvd Mundelein, IL 60060
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