Grocery Anchored Retail Space
For Lease
Contact for pricing
1501 South Lake Street, Mundelein, IL 60060
Retail spaces for lease in busy Mundelein shopping center.
Space Size3,292 SF
Property Size143,424 SF
Days on Market251
Property Features for 1501 South Lake Street
General Information
Standard status
Active
Size
3,292 SF
Property subtype
Retail
Building Details
Building Size
143,424 SF
Year Built
1976
Spaces For Lease
at 1501 South Lake Street
1519-1521 S. Lake Street
Size
3,292 SF
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Frontline Real Estate Partners, LLC
Listed By:
Matthew Tarshis · License #471022713
(847) 542-9058
Source:
Frontlinerepartners
Added: Jan 27
Changed: Sep 24
Last Checked: Oct 4 at 8:02AM
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.
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.
Key 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.
Property Analytics
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Current Use
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
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 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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.
