Second-Floor Office
For Lease
$19.39 SF/Yr
500 N Lake Street #9, Mundelein, IL 60060
OFFIC-zoned office space with parking positioned at both the front and rear of the building.
Space Size495 SF
Days on Market1123
Property Features for 500 N Lake Street #9
General Information
Standard status
Active
Size
495 SF
Net Rentable
495 SF
Zoning
OFFIC
Space & Availability
Available Space
495 SF
Contiguous Space
495 SF
Floor
2
Space Use
Office
Additional Details
Road Access
Yes
Building Details
Year Built
1964
Stories
2
Units
10
Tenancy
Multi
Listing Agency:
HomeSmart Connect LLC
(847) 495-5000
Listed By:
Octavio Martinez · License #475142358
(847) 495-5000
Source:
Allinonerealestateco
Added: Jul 27, 2023
Changed: Aug 22
Last Checked: Aug 22 at 2:00AM
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 9 offers 495 square feet of office space on the building’s second floor. The property contains 10 office units, with two entrances serving the building and parking available on both sides of the structure. The building was constructed in 1964 and is zoned OFFIC.
Located at 500 N Lake Street in Mundelein, the property sits conveniently off Rt 45. Parking is provided in front of and behind the building, supporting straightforward access for occupants and visitors.
Located at 500 N Lake Street in Mundelein, the property sits conveniently off Rt 45. Parking is provided in front of and behind the building, supporting straightforward access for occupants and visitors.
Key Highlights
- 495‑square‑foot Unit 9 on the second floor
- 10 office units available within the building
- Parking located at the front and rear of the building
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.91 /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
$23.4 /SF/Yr
Avg Asking Price
$18.33–$30.47 /SF/Yr
Price Range
453 SF
Avg Space Size
This space is priced 17% below the average of $23.4 /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 - OFFIC-zoned office space 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 Street #9 Mundelein, IL.
What is the lease rate?
The lease rate is $19.39 SF/Yr.
What are key features of this property?
This property features: 495‑square‑foot Unit 9 on the second floor; 10 office units available within the building; Parking located at the front and rear of the building
