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    675 S Il Rte, Unit 83 Mundelein, IL

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    For Lease
    Contact for pricing

    Prime retail space with high visibility and ample parking.

    Property size:
    6,508 SF
    Lot size:
    1.00 Acres

    Property Features for 675 S Il Rte

    General Information

    Size
    6,508 SF
    Lot size
    1.00 Acres

    Source: Legacy Commercial Property Agent Legacy Commercial Property

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

    Overview

    Retail Space in Mundelein, IL

    This 6,508 square foot retail space is available for lease at 675 S. RT. 83 in Mundelein, IL. The property is located on the northwest corner of RT 83 and N Midlothian Road, offering strong visibility. It features over 40 parking spaces. Situated near the center of the Mundelein business district, this property is a retail staple of the community, offering landmark recognition and engaging signage. This location presents an opportunity to expand a business in this northwest suburb of Chicago.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    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 - Prime retail space with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 675 S Il Rte, Unit 83 Mundelein, IL.
    What are key features of this property?
    This property features: - Prime retail/office space with **strong visibility** at the NW corner of RT 83 & N Midlothian Road.; - Superb on-site parking with **over 40 spaces**.; - Well-established location near the center of the Mundelein business district.
    (847) 904-9200
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    675 S Il Rte, Unit 83 Mundelein, IL
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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
    675 S Il Rte, Unit 83 Mundelein, IL
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