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    309-325 Townline Rd Mundelein, IL

    For Lease
    Contact for pricing

    Retail space in Mundelein with high visibility and traffic.

    Property size:
    3,788 SF
    Lot size:
    6.11 Acres

    Property Features for 309-325 Townline Rd

    General Information

    Size
    3,788 SF
    Lot size
    6.11 Acres

    Source: Horizon Realty & Management Agent Ilija Pod

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

    Overview

    Mundelein Retail Space For Rent

    Located at the retail focal point of Mundelein, this 3,788-square-foot retail space benefits from solid visibility, with traffic counts exceeding 37,000 vehicles per day combined on Townline Road and Lake Street. The location features low modified gross rental rates. The area has a high average household income. Nearby businesses include Jewel-Osco, Panera Bread, Burger King, and Chase Bank.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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

    Hawley Prospect Center, Hawley-Norton Plaza, Hawley Commons, Fair Haven Plaza, Lake Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Mundelein
    County
    Lake
    State
    Illinois
    Longitude
    -88.0039653
    Latitude
    42.263079

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    FAQs

    What type of property is this?
    Shopping center - Retail space in Mundelein with high visibility and traffic.
    Where is this shopping center located?
    The property is located at 309-325 Townline Rd Mundelein, IL.
    What are key features of this property?
    This property features: - High visibility location at the retail focal point of Mundelein.; - Traffic counts of over 37,000 VPD.; - Low modified gross rental rates.
    (312) 217-4655
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    Mundelein, IL
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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
    309-325 Townline Rd Mundelein, IL
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