Search
Two-Building Office Property
For Sale
$699,000

505 and 511 E Hawley Street #505-511, Mundelein, IL 60060

Adjacent professional offices with monument signage, on-site parking, and a mix of leased and available space.

Property Size14,964 SF
Price / SF$46.71
Days on Market23

Property Features for 505 and 511 E Hawley Street #505-511

General Information

Standard status Active
Size 14,964 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $14,274

Amenities

monument signage

Building Details

Building Size 14,964 SF
Year Built 1979
Buildings 2
Stories 2
Tenancy Multi
Listing Agency: HomeSmart Connect, LLC.
Listed By: Jacqueline Mahoney
Source: Allinonerealestateco
Added: Jul 25 Changed: Aug 16 Last Checked: Aug 16 at 5:39AM

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.

This office offering combines two adjacent buildings at 505 and 511 E. Hawley Street. The larger 505 E. Hawley Street property contains 12,600 SF across two stories, with common restrooms on each level and space available for an owner-user or additional occupants. The 511 E. Hawley Street building adds 2,364 SF of single-story office space and is fully leased to Lake County Physical Therapy. Both structures were built in 1979 and include monument signage and on-site parking.

The property is positioned south of Route 176 and east of Route 45, next to the U.S. Post Office. Estimated daily vehicle volume is 8,500 to 12,000, supporting visibility and convenient access for office users. The combined property is zoned COMMR and offers leased occupancy alongside available office space.

Key Highlights

  • Two adjacent office buildings totaling 14,964 SF
  • 12,600 SF, two‑story office building at 505 E. Hawley Street
  • 2,364 SF single‑story building fully leased to Lake County Physical Therapy

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Auto Repair Shop

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

88
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

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 building - Adjacent professional offices with monument signage, on-site parking, and a mix of leased and available space.
Where is this office building located?
The property is located at 505 and 511 E Hawley Street #505-511 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 totaling 14,964 SF; 12,600 SF, two‑story office building at 505 E. Hawley Street; 2,364 SF single‑story building fully leased to Lake County Physical Therapy
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