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Retail Site Near High-Traffic Intersection
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NWC 176 & Route-45, Mundelein, IL 60060

Retail space with drive-thru and patio potential near Metra.

Property Size4,936 SF
Days on Market251

Property Features for NWC 176 & Route-45

General Information

Standard status Active
Size 4,936 SF
Property subtype Retail
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #475156642
Source: Frontlinerepartners
Added: Nov 21, 2025 Changed: Jul 10 Last Checked: Jul 30 at 4:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

Located at the northeast corner of Maple Avenue (Route-176) and Lake Street (Route-45) in Mundelein, Lake County, Illinois, this retail site is available for sale, lease, and build-to-suit options. The site offers 2,436 to 4,926 square feet of space. Situated just north of a signalized intersection with approximately 34,800 vehicles per day, the property is adjacent to a newly developed Thornton's. The location provides prospective tenants with various unit sizes and layouts, offering opportunities for a drive-thru, outdoor patio seating, and up to 28 parking spaces. Multiple curb cuts along Lake Street provide direct access to the property. The site is located less than a 1/2 mile north of the Mundelein Metra Station and just south of Morris Station, a newly constructed property with 139 townhomes. It is also less than one mile south of Station 250, a newly constructed 165-unit apartment complex scheduled to open in the summer of 2024. The property benefits from a captive audience of approximately 41,000 residents within a three-mile radius, with an average household income of approximately $154,000 per year. The site is in a commercial corridor located just over 3.5 miles northwest of Hawthorn Mall, which totals approximately 1.3 million square feet and is anchored by Macy's, JCPenney, AMC Theater, and Dave & Busters. Several national retailers surround the site, including Jewel Osco, Walgreen's, Ace Hardware, Starbucks, and Planet Fitness.

Key Highlights

  • High traffic location at Maple Avenue and Lake Street with approximately 34,800 VPD
  • Densely populated area with approximately 41,000 residents within a 3‑mile radius and a high average household income of approximately $154,000 per year
  • Proximity to new residential developments, including Morris Station and Station 250

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with drive-thru and patio potential near Metra.
Where is this retail space located?
The property is located at NWC 176 & Route-45 Mundelein, IL.
What are key features of this property?
This property features: High traffic location at Maple Avenue and Lake Street with approximately 34,800 VPD; Densely populated area with approximately 41,000 residents within a 3‑mile radius and a high average household income of approximately $154,000 per year; Proximity to new residential developments, including Morris Station and Station 250
More about this property
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