Second-Floor Office
For Lease
$30 SF/Yr
500 N Lake St Unit 4, Mundelein, IL 60060
Office space with parking and access through two building entrances.
Space Size375 SF
Days on Market17
Property Features for 500 N Lake St Unit 4
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
Additional Details
Highway Access
Yes
Building Details
Year Built
1964
Tenancy
Multi
Listing Agency:
HomeSmart Connect LLC
(847) 495-5000
Listed By:
Octavio Martinez · License #475142358
Source:
Bktchicago
Added: Aug 14
Changed: Aug 29
Last Checked: Aug 25 at 4:08AM
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 4 provides 375 square feet of second-floor office space within a 10-unit office building. The property is zoned OFFIC and was constructed in 1964. Two building entrances serve the office areas, with parking positioned at both the front and rear of the building.
Located at 500 N Lake Street in Mundelein, the property is situated near Rt 45, providing direct access to a major regional route. The unit is available for rent as office space for a business or professional operation.
Located at 500 N Lake Street in Mundelein, the property is situated near Rt 45, providing direct access to a major regional route. The unit is available for rent as office space for a business or professional operation.
Key Highlights
- 375‑square‑foot Unit 4 on the building’s second floor
- Office building with 10 units available
- Parking located in front and at the rear of the building
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
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 with parking and access through two building entrances.
Where is this office units located?
The property is located at 500 N Lake St Unit 4 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‑square‑foot Unit 4 on the building’s second floor; Office building with 10 units available; Parking located in front and at the rear of the building
