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    157-161 N Seymour Ave Mundelein, IL

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    For Lease
    $3,400 /Mo ($9 SF/Yr)

    Three retail spaces available for lease in Mundelein, Illinois.

    Property size:
    4,500 SF
    Lot size:
    1.55 Acres

    Property Features for 157-161 N Seymour Ave

    General Information

    Size
    4,500 SF
    Lot size
    1.55 Acres

    Source: Millennium Properties Real Estate Agent Susan B. Silver

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

    Overview

    Retail Storefronts and Medical Office

    Three retail storefronts are available for lease. Unit 107, a former retail store, offers 1,640 square feet. Unit 109-111 provides 3,250 square feet of turn-key medical office space. Unit 155, formerly a theater, encompasses 4,500 square feet. The retail center consists of two buildings, with 11,175 square feet in the north building and 8,600 square feet in the south building. The property benefits from ample parking and is situated in a location suitable for various uses, including nonprofit organizations, day care centers, dance studios, cafes, or medical facilities. It is located close to the Metra station and Tighthead Brewing, and across from Kracklauer Park. The land area is 67,616 square feet and is zoned C-5, Downtown District.
    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.

    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?
    Retail space - Three retail spaces available for lease in Mundelein, Illinois.
    Where is this retail space located?
    The property is located at 157-161 N Seymour Ave Mundelein, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Three retail storefronts available with varying sizes and rental rates.; - Turn-key medical office space (3,250 SF) ready for immediate occupancy.; - Ample parking available for customers and staff.
    (312) 338-3000
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    157-161 N Seymour Ave 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
    157-161 N Seymour Ave Mundelein, IL
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