Two-Building Office
For Sale
$699,000
Pending
505 and 511 E Hawley Street #505-511, Mundelein, IL 60060
Adjacent professional office properties with monument signage, on-site parking, and a combination of leased and available space.
Property Size14,964 SF
Days on Market15
Property Features for 505 and 511 E Hawley Street #505-511
General Information
Standard status
Pending
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
Listing Agency:
HomeSmart Connect, LLC.
(847) 495-5000
Listed By:
Jacqueline Mahoney
Source:
Jjillrealtygroup
Added: Aug 16
Changed: Aug 29
Last Checked: Aug 29 at 11:37PM
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 offering combines two adjacent office buildings at 505 and 511 E. Hawley Street. The larger building contains 12,600 SF across two stories, with common restrooms on each floor and space available for an owner-user or additional tenants. The 2,364 SF single-story building is fully leased to Lake County Physical Therapy. Both properties were built in 1979 and are zoned COMMR.
The buildings sit south of Route 176 and east of Route 45, next to the U.S. Post Office. The property includes monument signage and on-site parking, with reported daily vehicle volume estimated between 8,500 and 12,000. Existing leased space provides an income component alongside the available office area in the larger building.
The buildings sit south of Route 176 and east of Route 45, next to the U.S. Post Office. The property includes monument signage and on-site parking, with reported daily vehicle volume estimated between 8,500 and 12,000. Existing leased space provides an income component alongside the available office area in the larger building.
Key Highlights
- Two adjacent office buildings offered together at 505 and 511 E. Hawley Street
- 12,600 SF two‑story office building with available owner‑user or tenant space
- 2,364 SF single‑story building fully leased to Lake County Physical Therapy
Property Analytics
Current Use
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 - Adjacent professional office properties with monument signage, on-site parking, and a combination 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 offered together at 505 and 511 E. Hawley Street; 12,600 SF two‑story office building with available owner‑user or tenant space; 2,364 SF single‑story building fully leased to Lake County Physical Therapy
