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    311-385 N Seymour Ave Mundelein, IL 60060

    For Lease
    $10 SF/Yr

    Retail space available in Mundelein, near the Metra station.

    Property size:
    62,304 SF
    Lot size:
    62,304 SF

    Property Features for 311-385 N Seymour Ave

    General Information

    Size
    62,304 SF

    Source: David Coupe Agent David Coupe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Train Station

    Available for lease is a 13,470-square-foot retail space within a shopping center anchored by Sherwin Williams and a grocery store, featuring a strong tenant mix. The property is positioned in the heart of the new Downtown Residential District, near the Village Hall and upcoming Train Station developments. The location offers convenient access, situated at the southeast corner of Hawley Street and Seymour Avenue, one block east of Lake Street (IL 45), two blocks south of W Maple Avenue (IL 176), and just north of the Mundelein Metra commuter rail station re-development. The property benefits from ample parking, flexible lease terms, and a high-visibility location. The exterior presents a modern and professional appearance, complemented by a spacious interior layout. Natural light fills the space, and the landscaping and grounds are well-maintained. The property is offered at below-market rents with low expenses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mundelein
    County
    Lake
    State
    Illinois
    Longitude
    -88.0352
    Latitude
    42.2666

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Mundelein, near the Metra station.
    Where is this shopping center located?
    The property is located at 311-385 N Seymour Ave Mundelein, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Below market rents; - High visibility location; - Strong demographics
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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
    311-385 N Seymour Ave Mundelein, IL 60060
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