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Shopping Center with Monument Signage
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1501-1575 S Lake St, Mundelein, IL 60060

Shopping center with 414 parking spaces, dual-sided monument signage and exposure to over 47,000 VPD.

Property Size3,292 SF
Days on Market648

Property Features for 1501-1575 S Lake St

General Information

Standard status Active
Size 3,292 SF
Total Parking Spaces 414
Property subtype RETAIL

Amenities

monument signage
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #475156642
Source: Moodyscre
Added: Oct 21, 2024 Changed: Jul 30 Last Checked: Jul 30 at 2:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

1501-1575 S Lake St is a shopping center opportunity within Townline Square, offering space to join a strong mix of co-tenants including Jewel Osco, LA Fitness, Dollar Tree, Chipotle, Panera, and O'Reilly Auto Parts, among others. The property includes a large on-site parking lot totaling 414 surface-level spaces.

Townline Square features dual-sided monument signage along both Townline Road and Lake Street, providing exposure and visibility to over 47,000 VPD. The center is conveniently located just two miles west of Hawthorn Mall along Townline Road.

Neighboring retailers include Walgreens, Garden Fresh Market, Salvation Army, Chase Bank, Circle K, Buffalo Wild Wings, Panera Bread, Starbucks, Taco Bell, McDonald’s, Culvers, Popeye’s, and Dunkin’, among many other national and local tenants. The property size is 3,292 SF.

Key Highlights

  • Dual‑sided monument signage on Townline Road and Lake Street
  • Exposure and visibility to over 47,000 VPD
  • Large on‑site parking lot with 414 surface‑level spaces

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby
101k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 45% Hotels & Casinos 6%
Culver's Dining
18,329 visits/mo 0.4 miles
BP Shops & Services
16,976 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,334 visits/mo 0.4 miles
Speedway Shops & Services
10,418 visits/mo 0.2 miles
Shell Shops & Services
10,387 visits/mo 0.5 miles

Demographics for 60060, IL

37,599
Population
13,827
Households
2.7
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
23.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$110,463
Median Household Income
$52,550
Median Earnings
$1,552
Median Rent
$299,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center with 414 parking spaces, dual-sided monument signage and exposure to over 47,000 VPD.
Where is this shopping center located?
The property is located at 1501-1575 S Lake St Mundelein, IL.
What are key features of this property?
This property features: Dual‑sided monument signage on Townline Road and Lake Street; Exposure and visibility to over 47,000 VPD; Large on‑site parking lot with 414 surface‑level spaces
(847) 542-9058 Call to check price and availability
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