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Flex Space with Showroom and Warehouse

425 TOWNLINE RD, Mundelein, IL

For Lease
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C-2 zoning lists retail, office, medical, fitness, restaurant, and other commercial uses, subject to village verification.

Space Size13,609 SF
Lot Size0.97 Acres
Days on Market19

Property Features for 425 TOWNLINE RD

General Information

Standard status Active
Size 13,609 SF
Net Rentable 13,609 SF
Total Parking Spaces 75
Lot size 0.97 Acres
Property subtype Retail, Industrial
Zoning C-2
Lease Type NNN

Space & Availability

Available Space 13,609 SF
Contiguous Space 13,609 SF
Space Use Showroom
Available From 2026-12-01

Lease Terms

Lease Rate $11 /SF/YR
Monthly Rent $12,475
Rent per SF/Year $11
CAM $3.50 /SF/YR

Site & Location

Pylon Signage Yes
Traffic Count 29,100 vehicles/day
Highway Access Yes
Road Access Yes

Warehouse & Industrial

Drive-In Doors 1
Sprinkler System Yes
Drive-In Door Height 15 ft

Building Details

Year Built 1979
Buildings 1
Building Size 13,609 SF
Tenancy Single

Spaces For Lease

at 425 TOWNLINE RD
Space 1 Active
Size 13,609 SF
Contact us
Listing Agency: RE/MAX Suburban
Listed By: Jason Bitton · License #IL475170841
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 4:22PM

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 RE/MAX Suburban

Rey
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Investment Insights

Based on property information with market context.

This 13,609-square-foot flex property combines a street-facing showroom with two warehouse areas and a lower-level storage area of approximately 6,000 square feet. Clear heights are 14 feet in the showroom, 12 feet 3 inches in one warehouse, and 18 feet in the rear warehouse. A 25-foot-wide by 15-foot-high drive-in door serves the rear area; interior drive-in doors connect portions of the building. Split-level offices, a breakroom and kitchenette, restrooms, and a sprinkler system are also in place. The 0.97-acre site has 75 parking spaces and a pylon sign. Built in 1979, the building is offered for lease on an NNN basis and is occupied through November 30, 2026; availability begins December 1, 2026. The landlord prefers lease terms of five years or longer, and the property is best suited to a single tenant.

The property fronts Townline Road (Route 60) in Mundelein. IDOT reports daily traffic of about 29,100 vehicles on Townline Road and 27,900 on Lake Street (Route 45), less than a quarter mile away. C-2 General Commercial District zoning lists several permitted commercial uses, including retail, office, medical and dental clinics, fitness, restaurants, personal services, and day care; intended uses should be verified with the village.

Key Highlights

  • 13,609 SF building on 0.97 acres
  • Showroom with 14' clear height; warehouse areas have 12'3" and 18' clear heights
  • Rear warehouse served by a 25' W x 15' H drive‑in door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

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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

1
Drive-in doors
29,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Flex space in Lake County, IL

$15.03 Jul
$15.24 Aug
$14.1 Sep
$14.27 Oct

Properties on Market for Flex space in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - C-2 zoning lists retail, office, medical, fitness, restaurant, and other commercial uses, subject to village verification.
Where is this flex space located?
The property is located at 425 TOWNLINE RD Mundelein, IL.
What are key features of this property?
This property features: 13,609 SF building on 0.97 acres; Showroom with 14' clear height; warehouse areas have 12'3" and 18' clear heights; Rear warehouse served by a 25' W x 15' H drive‑in door
(847) 259-0202 · Office Call to check price and availability
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