Renovated Mixed-Use
New
For Sale
Contact for pricing
914 & 918 N Lake Street, Mundelein, IL 60060
Fully leased buildings combine commercial space, residential units, on-site parking, and C5-C zoning along Route 45.
Property SizeContact for details
Days on Market7
Property Features for 914 & 918 N Lake Street
General Information
Standard status
Active
Property subtype
Mixed Use
Zoning
OTHER
Site & Location
Road Access
Yes
Public Transit
Yes
Building Details
Year Built
1923
Year Renovated
2018
Buildings
2
Stories
2
Units
4
Listing Agency:
The Pineapple Brand Company
Listed By:
Erich Schwenk · License #471021647
Source:
Crexi
Added: Aug 4
Changed: Aug 9
Last Checked: Aug 9 at 2:52PM
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 The Pineapple Brand Company
Investment Insights
Based on property information with market context.
This mixed-use property comprises two freestanding buildings at 914 and 918 N Lake Street. Together, they provide over 3,000 square feet of commercial and residential space, including ground-floor commercial units, shared common space, three restrooms at 914, ramped access, an outdoor deck, and three fully leased residential units. The residential accommodations include a multilevel apartment with one bedroom, an en suite bathroom, and in-unit laundry, along with a separate one-bedroom unit and a two-story, two-bedroom unit. Both buildings have on-site parking.
The 914 building received a comprehensive renovation in 2018, including roof, mechanical, and finish improvements. The 918 building was fully updated in 2024. Additional property features include a hardwired security system, fire monitoring, and pre-wiring for cable and internet service. Located on Route 45, the property has approximately 16,000 vehicles passing daily, with proximity to major intersections, new developments, and the METRA station. C5-C zoning supports continued residential use or potential commercial adaptation, and the owner may separate the lots.
The 914 building received a comprehensive renovation in 2018, including roof, mechanical, and finish improvements. The 918 building was fully updated in 2024. Additional property features include a hardwired security system, fire monitoring, and pre-wiring for cable and internet service. Located on Route 45, the property has approximately 16,000 vehicles passing daily, with proximity to major intersections, new developments, and the METRA station. C5-C zoning supports continued residential use or potential commercial adaptation, and the owner may separate the lots.
Key Highlights
- Two freestanding buildings at 914 & 918 N Lake Street
- Over 3,000 square feet of combined commercial and residential space
- Three fully leased residential units across the property
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
717
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?
Mixed-use property - Fully leased buildings combine commercial space, residential units, on-site parking, and C5-C zoning along Route 45.
Where is this mixed-use property located?
The property is located at 914 & 918 N Lake Street Mundelein, IL.
What is the asking price?
The asking price for this property is $841,000.
What are key features of this property?
This property features: Two freestanding buildings at 914 & 918 N Lake Street; Over 3,000 square feet of combined commercial and residential space; Three fully leased residential units across the property
