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    357 Townline Rd Mundelein, IL

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    For Lease
    Contact for pricing

    Retail space with high visibility and low rental rates.

    Property size:
    1,034 SF
    Lot size:
    6.11 Acres

    Property Features for 357 Townline Rd

    General Information

    Size
    1,034 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

    Retail Space in Mundelein Plaza

    This 1,034-square-foot retail space is located in a plaza at the retail focal point of Mundelein. The location benefits from high visibility, with traffic counts exceeding 37,000 vehicles per day combined on Townline Road and Lake Street. The modified gross rental rates contribute to lower overhead costs for tenants. The area is characterized by a high average household income. Nearby businesses include Jewel-Osco, Panera Bread, Burger King, and Chase Bank.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    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?
    Strip mall - Retail space with high visibility and low rental rates.
    Where is this strip mall located?
    The property is located at 357 Townline Rd Mundelein, IL.
    What are key features of this property?
    This property features: - High visibility location at the retail focal point of Mundelein.; - High traffic counts (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
    357 Townline Rd Mundelein, IL
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