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Versatile Commercial Space in Mundelein
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535 North Lake Street, Mundelein, IL 60060

Office, medical, or retail space near downtown Mundelein.

Space Size15,000 SF
Days on Market84

Property Features for 535 North Lake Street

General Information

Standard status Active
Size 15,000 SF
Property subtype Retail, Office

Building Details

Building Size 15,000 SF
Year Built 1965
Tenancy Single

Spaces For Lease

at 535 North Lake Street Contact us

Space 1

Size
15,000 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: JC Forney Realty Inc
Listed By: Kenneth Eichelberger · License #IL #475114223
Source: Crexi
Added: May 19 Changed: Aug 8 Last Checked: Aug 9 at 5:36AM

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 JC Forney Realty Inc

Investment Insights

Based on property information with market context.

This commercial space is suitable for office, medical, or retail use. It features a private entrance and a private washroom. The property is located within walking distance of downtown Mundelein's shops and restaurants. Ample off-street parking is available in front, with one additional parking space in the back. The location is highly accessible and surrounded by established commercial businesses. The property offers low utility costs.

Key Highlights

  • Private entrance and private washroom
  • Ample off‑street parking in front, plus one additional space in back
  • Walking distance to downtown Mundelein’s shops and restaurants

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Electrical Service Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

717
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

$24.24 /SF/Yr
Avg Asking Price
$19.39–$30.47 /SF/Yr
Price Range
7,668 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office, medical, or retail space near downtown Mundelein.
Where is this office units located?
The property is located at 535 North Lake Street Mundelein, IL.
What are key features of this property?
This property features: Private entrance and private washroom; Ample off‑street parking in front, plus one additional space in back; Walking distance to downtown Mundelein’s shops and restaurants
(847) 362-2000 Call to check price and availability
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