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    308-312 Washington Blvd Mundelein, IL 60169

    For Lease
    $1,777 /Mo ($10 SF/Yr)

    Flex space in well-maintained brick building near I-94.

    Property size:
    2,031 SF
    Lot size:
    3.39 Acres

    Property Features for 308-312 Washington Blvd

    General Information

    Size
    2,031 SF
    Lot size
    3.39 Acres

    Source: Lee & Associates | Chicago Agent Rick Anesi

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

    Overview

    Mundelein Flex Space Available

    This flex space is located in a business park setting, positioned north of Allanson Road, west of Butterfield Road, and east of Lake Street. The property benefits from its proximity to numerous restaurants and businesses along Townline Road. The location provides convenient access to I-94. The property is situated within a well-maintained brick building under institutional management. The available space measures 2031 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    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.

    Similar Places Nearby

    H Witter & Co Inc

    Location Insight

    • Map
    • Local Demand
    City
    Mundelein
    County
    Lake
    State
    Illinois
    Longitude
    -87.9869102
    Latitude
    42.2588578

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    FAQs

    What type of property is this?
    Flex space - Flex space in well-maintained brick building near I-94.
    Where is this flex space located?
    The property is located at 308-312 Washington Blvd Mundelein, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-94; - High-image, well maintained brick building; - Close to many restaurants and businesses on Townline Road
    (773) 355-3000
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    308-312 Washington Blvd Mundelein, IL 60169
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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
    308-312 Washington Blvd Mundelein, IL 60169
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