Fully Leased Four-Unit Strip
For Sale
Contact for pricing
Pending
1500 S Lake St., Mundelein, IL 60061
Retail center with multiple occupants, individual Lake Street signage, and parking positioned at the front and rear.
Property Size10,000 SF
Days on Market142
Property Features for 1500 S Lake St.
General Information
Standard status
Pending
Size
10,000 SF
Total Parking Spaces
34
Property subtype
Retail
Occupancy
100%
Net Operating Income
$97,605
Site & Location
Traffic Count
25,500 vehicles/day
Road Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial NRT Deerfield
Listed By:
Stewart Katz · License #IL 471.016857
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Apr 11 at 12:00AM
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 Coldwell Banker Commercial NRT Deerfield
Investment Insights
Based on property information with market context.
This four-unit strip center contains 10,000 square feet and is fully leased to Cash America/Advance America, Cygnus Lactation Services, VapeNJuice, and Samaris. Each occupant has signage oriented toward Lake Street, providing direct street exposure. The property includes 34 parking spaces distributed in front of and behind the building, along with vacant land at the rear that may accommodate future construction subject to the owner’s plans and applicable approvals.
Access is provided from Rt. 45, also identified as Lake St., near Rt. 60, or Townline Rd. The center sits across from Townline Square Shopping Center and records approximately 25,500 vehicles daily. All four leases are structured as Modified Gross.
Access is provided from Rt. 45, also identified as Lake St., near Rt. 60, or Townline Rd. The center sits across from Townline Square Shopping Center and records approximately 25,500 vehicles daily. All four leases are structured as Modified Gross.
Key Highlights
- 10,000‑square‑foot strip center with four units
- Fully leased to Cash America/Advance America, Cygnus Lactation Services, VapeNJuice and Samaris
- 34 parking spaces located in front and rear of the building
Property Analytics
Property Profile
Current Use
Lease Details
25,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
101k
Monthly Visits Nearby
Explore this area
Business Placement
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 60061, IL
27,581
Population
11,649
Households
2.4
Avg Household Size
41
Median Age
66%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
3,283
Density / Sq Mi
$121,588
Median Household Income
$60,647
Median Earnings
$1,862
Median Rent
$390,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail center with multiple occupants, individual Lake Street signage, and parking positioned at the front and rear.
Where is this strip mall located?
The property is located at 1500 S Lake St. Mundelein, IL.
What are key features of this property?
This property features: 10,000‑square‑foot strip center with four units; Fully leased to Cash America/Advance America, Cygnus Lactation Services, VapeNJuice and Samaris; 34 parking spaces located in front and rear of the building
