Search
Second-Floor Office Unit
For Lease
$19 SF/Yr

500 N Lake St Unit 9, Mundelein, IL 60060

Professional office space with convenient access, two building entrances, and parking positioned at both the front and rear.

Space Size495 SF
Days on Market40

Property Features for 500 N Lake St Unit 9

General Information

Standard status Active
Size 495 SF
Net Rentable 495 SF

Space & Availability

Available Space 495 SF
Contiguous Space 495 SF
Floor 2
Space Use Office

Building Details

Year Built 1964
Listing Agency: HomeSmart Connect LLC
Listed By: Octavio Martinez · License #475142358
Source: Tumpanelegacy
Added: Jul 22 Changed: Aug 29 Last Checked: Aug 25 at 5:46AM

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.

Located near Rt 45, the property provides straightforward roadway access and visibility from a high-traffic route. Unit 9 is suited to office or business use within a multi-unit commercial setting.

Key Highlights

  • Unit 9 contains 495 sq ft of second‑floor office space
  • Building includes 10 office units
  • Two entrances provide access to the building

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Catering Service Pet Grooming Service Florist Locksmith (Bike/Boat/Book/etc) Store Pet Store & Service

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

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

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 17% below the average of $23.03 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Professional office space with convenient access, two building entrances, and parking positioned at both the front and rear.
Where is this office units located?
The property is located at 500 N Lake St Unit 9 Mundelein, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Unit 9 contains 495 sq ft of second‑floor office space; Building includes 10 office units; Two entrances provide access to the building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message