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Double-Storefront Retail Property
For Sale
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516 N Seymour Avenue, Mundelein, IL 60060

Two adjoining storefronts are offered together in an as-is sale.

Property SizeContact for details
Days on Market140

Property Features for 516 N Seymour Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: HomeSmart Leading Edge
Listed By: Scott Eberle · License #IL 94-75087
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 2:43PM

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 Leading Edge

Investment Insights

Based on property information with market context.

This retail offering combines two storefronts at 516 and 518 N Seymour Avenue, providing a paired commercial frontage within one sale. The property is being conveyed in its existing condition.

The site is in downtown Mundelein, with the surrounding downtown area accessible on foot. Its address places the property within the established central business area of the community.

Key Highlights

  • Two storefronts at 516 and 518 N Seymour Avenue
  • Located in downtown Mundelein
  • Walkable access to the downtown area

Property Analytics

Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby
Well-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Donna's Custom Flowers 832 IL-83 60 & 176, Mundelein, IL 60060

Frequently Asked Questions

What type of property is this?
Storefront property - Two adjoining storefronts are offered together in an as-is sale.
Where is this storefront property located?
The property is located at 516 N Seymour Avenue Mundelein, IL.
What are key features of this property?
This property features: Two storefronts at 516 and 518 N Seymour Avenue; Located in downtown Mundelein; Walkable access to the downtown area
More about this property
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