Second-Floor Office
For Lease
$30.47 SF/Yr
500 N Lake Street #4, Mundelein, IL 60060
Office unit in a multi-unit building with parking positioned at both the front and rear.
Space Size375 SF
Days on Market1121
Property Features for 500 N Lake Street #4
General Information
Standard status
Active
Size
375 SF
Net Rentable
375 SF
Zoning
OFFIC
Space & Availability
Available Space
375 SF
Contiguous Space
375 SF
Floor
2
Space Use
Office
Additional Details
Road Access
Yes
Building Details
Year Built
1964
Stories
2
Units
10
Tenancy
Multi
Listing Agency:
HomeSmart Connect LLC
(847) 495-5000
Listed By:
Octavio Martinez · License #475142358
(847) 495-5000
Source:
Exit2newbeginningz
Added: Jul 27, 2023
Changed: Aug 11
Last Checked: Aug 20 at 3:04PM
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 HomeSmart Connect LLC
Investment Insights
Based on property information with market context.
Unit 4 offers 375 square feet of office space on the second floor of a commercial building constructed in 1964. The property is zoned OFFIC and includes two building entrances. Ten office units are available within the building, creating a multi-unit office setting for businesses seeking a dedicated workspace.
Parking is provided in front of the building and behind it. The property is located off Rt 45, where the surrounding roadway carries high traffic. Unit 4 is available for rent at 500 N Lake Street in Mundelein, Illinois.
Parking is provided in front of the building and behind it. The property is located off Rt 45, where the surrounding roadway carries high traffic. Unit 4 is available for rent at 500 N Lake Street in Mundelein, Illinois.
Key Highlights
- 375 square feet in Unit 4
- Second‑floor office space in a 10‑unit building
- Zoned OFFIC
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.57 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Mundelein, IL
$23.4 /SF/Yr
Avg Asking Price
$18.33–$30.47 /SF/Yr
Price Range
453 SF
Avg Space Size
This space is priced 30% above the average of $23.4 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office unit in a multi-unit building with parking positioned at both the front and rear.
Where is this office units located?
The property is located at 500 N Lake Street #4 Mundelein, IL.
What is the lease rate?
The lease rate is $30.47 SF/Yr.
What are key features of this property?
This property features: 375 square feet in Unit 4; Second‑floor office space in a 10‑unit building; Zoned OFFIC
