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Retail Strip Center

791 S Midlothian Road, Mundelein, IL 60060

For Lease
$23 SF/Yr NNN

The space is zoned B-2 General Retail and offered under a triple-net lease.

Space SizeContact for details
Days on Market35

Property Features for 791 S Midlothian Road

General Information

Standard status Active
Total Parking Spaces 65
Property subtype COMMERCIAL
Zoning B-2
Lease Type NNN

Taxes and HOA fees

Annual Taxes $49,000

Building Details

Year Built 2000
Listing Agency: Core Realty & Investments Inc.
Listed By: Mary Arun
Source: Payesregroup
Added: Oct 6 Changed: Nov 5 Last Checked: Nov 8 at 9:45AM

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 Core Realty & Investments Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space is part of a strip center built in 2000. It was previously configured as a beauty shop, and the property has 65 on-site parking spaces. The lease structure is triple net.

Nearby businesses include McDonald’s, Walgreens, and Burger King. The property is zoned B-2 General Retail.

Key Highlights

  • 65 on‑site parking spaces
  • B‑2 General Retail zoning
  • Previously configured as a beauty shop

Property Analytics

Current Use

Retail space

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

NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Mundelein, IL

$17.75 /SF/Yr
Avg Asking Price
$8–$24 /SF/Yr
Price Range
4,878 SF
Avg Space Size

This space is priced 30% above the average of $17.75 /SF/Yr.

Properties on Market for Retail space in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space is zoned B-2 General Retail and offered under a triple-net lease.
Where is this retail space located?
The property is located at 791 S Midlothian Road Mundelein, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 65 on‑site parking spaces; B‑2 General Retail zoning; Previously configured as a beauty shop
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