Two Adjacent Office
New
For Sale
Under Contract
$699,000
505 and 511 E Hawley Street, Mundelein, IL 60060
COMMERCIAL - Mundelein, IL
Property Size14,964 SF
Lot Size0.86 Acres
Price / SF$46.71
Days on Market6
Property Features for 505 and 511 E Hawley Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMR
Directions
South of Route 176 and East of Route 45 on E. Hawley
Subdivision
Ivanhoe / Mundelein
Standard status
Active Under Contract
APN
11301020440000
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14274
Utilities
Cooling system
Central Air
Amenities
monument signage
Building Details
Year built
1979
Floors in Building
2
Building materials
Brick
Listing Agency:
HomeSmart Connect, LLC. · HomeSmart International
(847) 495-5000
Listed By:
Jacqueline Mahoney
(847) 495-5000
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 30 at 5:06PM
MLS# 12714198
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes two adjacent office buildings at 505 and 511 E Hawley Street. The 505 E Hawley Street building is a well-maintained two-story professional office structure with approximately 12,600 SF, with common restrooms on each floor and monument signage. The property also includes ample on-site parking.
The buildings are located just south of Route 176 and east of Route 45, adjacent to the U.S. Post Office, with estimated daily traffic of 8,500 to 12,000 vehicles for exposure. Zoning is listed as COMMR.
511 E Hawley Street is a single-story office building totaling approximately 2,364 SF and is fully leased to Lake County Physical Therapy. The combined assemblage presents a mix of leased space and available space within the two-building footprint.
The buildings are located just south of Route 176 and east of Route 45, adjacent to the U.S. Post Office, with estimated daily traffic of 8,500 to 12,000 vehicles for exposure. Zoning is listed as COMMR.
511 E Hawley Street is a single-story office building totaling approximately 2,364 SF and is fully leased to Lake County Physical Therapy. The combined assemblage presents a mix of leased space and available space within the two-building footprint.
Key Highlights
- Two adjacent office buildings offered together, featuring monument signage and ample on‑site parking
- 505 E. Hawley St.: 12,600 SF, two‑story professional office building with common restrooms on each floor
- 511 E. Hawley St.: 2,364 SF single‑story office building fully leased to Lake County Physical Therapy
Property Analytics
Property Profile
Current Use
Lease Details
12,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
88
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-building office offering includes a two-story owner-occupy option and a fully leased single-story clinic suite.
Where is this office building located?
The property is located at 505 and 511 E Hawley Street Mundelein, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two adjacent office buildings offered together, featuring monument signage and ample on‑site parking; 505 E. Hawley St.: 12,600 SF, two‑story professional office building with common restrooms on each floor; 511 E. Hawley St.: 2,364 SF single‑story office building fully leased to Lake County Physical Therapy
