Second-Floor Office
For Lease
$30 SF/Yr
500 N Lake St Unit 1, Mundelein, IL 60060
Office space on the second floor with parking positioned at both the front and rear of the building.
Space Size375 SF
Days on Market19
Property Features for 500 N Lake St Unit 1
General Information
Standard status
Active
Size
375 SF
Net Rentable
375 SF
Space & Availability
Available Space
375 SF
Contiguous Space
375 SF
Floor
2
Space Use
Office
Building Details
Year Built
1964
Listing Agency:
HomeSmart Connect LLC
(847) 495-5000
Listed By:
Octavio Martinez · License #475142358
Source:
Realtopiare
Added: Aug 10
Changed: Aug 28
Last Checked: Aug 28 at 1:09PM
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 1 offers 375 square feet of office space on the second floor of a 1964 commercial building. The property includes two entrances and parking areas serving both the front and rear of the building, supporting convenient access for occupants and visitors.
The property is located at 500 N Lake St in Mundelein, with access off Rt 45. The building has 10 units available, providing a multi-unit office setting with on-site parking and a location exposed to high traffic along the route.
The property is located at 500 N Lake St in Mundelein, with access off Rt 45. The building has 10 units available, providing a multi-unit office setting with on-site parking and a location exposed to high traffic along the route.
Key Highlights
- 375 sq ft office unit on the second floor
- 10 units available within the building
- Two building entrances
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /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
$23.03 /SF/Yr
Avg Asking Price
$18.33–$30.47 /SF/Yr
Price Range
473 SF
Avg Space Size
This space is priced 30% above the average of $23.03 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space on the second floor with parking positioned at both the front and rear of the building.
Where is this office units located?
The property is located at 500 N Lake St Unit 1 Mundelein, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 375 sq ft office unit on the second floor; 10 units available within the building; Two building entrances
