Grocery Anchored Retail Space
1501 South Lake Street, Mundelein, IL 60060
Retail spaces for lease in busy Mundelein shopping center.
Type:Retail
Property size:
143,424 SF- Added:
- Jan 27, 2026
- Days on Market:
- 109
- Last Refresh:
- Apr 5 at 8:54 pm
Property Features for 1501 South Lake Street
General Information
- Standard status
- Active
- Size
- 143,424 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Spaces For Lease
at 1501 South Lake Street Contact us
Listing agent Matthew Tarshis (847) 780-8063
Listing office Frontline Real Estate Partners, LLC (847) 780-8063
Listing date Jan 27, 2026
Source Frontlinerepartners
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
HighLights
- High‑traffic location at the northeast corner of Lake Street & Townline Road, boasting 47,000+ vehicles per day.
- Grocery‑anchored center with Jewel‑Osco and established co‑tenants like LA Fitness, Dollar Tree, Panera, and Chipotle.
- Ample parking with 414 surface‑level spaces.
- Dual‑sided monument signage available on both Townline Road and Lake Street.
- Located in a dense commercial corridor, near major retailers like Target, Wal‑Mart, and Best Buy.
- Accessibility to surrounding areas and Downtown Chicago via proximity to I‑94 and the Mundelein Metra Station.
Overview
Located at 1501-1533 S. Lake Street in Mundelein, Illinois, Townline Square offers retail spaces for lease, ranging from 1,050 to 21,000 square feet. This grocery-anchored center is positioned at the northeast corner of the signalized intersection of Lake Street and Townline Road, benefiting from high traffic volume of over 47,000 vehicles per day. The property features a parking lot with 414 surface-level spaces and dual-sided monument signage along both Townline Road and Lake Street. Co-tenants include Jewel-Osco, LA Fitness, Dollar Tree, Goldfish Swim School, H&R Block, Panera, Chipotle, and O’Reilly Auto Parts. Situated in a dense commercial corridor, Townline Square is just two miles west of Hawthorn Mall and less than five miles from Interstate-94. It is also located 1.5 miles south of the Mundelein Metra Station. Neighboring retailers include Walgreens, Garden Fresh Market, Salvation Army, Chase Bank, Circle K, Buffalo Wild Wings, Starbucks, Taco Bell, McDonald's, Culvers, and Dunkin'. The location provides exposure and visibility in a northwest suburb of Chicago, approximately 33 miles from Downtown Chicago.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shopping centers
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Location Insight
- Map
- Local Demand
- City
- Mundelein
- County
- Lake
- State
- Illinois
- Longitude
- -87.993
- Latitude
- 42.2436
Nearby Similar for Lease
FAQs
What type of property is this?
Shopping center - Retail spaces for lease in busy Mundelein shopping center.
Where is this shopping center located?
The property is located at 1501 South Lake Street Mundelein, IL.
What are key features of this property?
This property features: High‑traffic location at the northeast corner of Lake Street & Townline Road, boasting 47,000+ vehicles per day.; Grocery‑anchored center with Jewel‑Osco and established co‑tenants like LA Fitness, Dollar Tree, Panera, and Chipotle.; Ample parking with 414 surface‑level spaces.
