311 Seymour Ave Mundelein, IL 60060
- Shopping malls
- 62,304 SF
Current Use by Public Records
- Shopping malls
Property Details for 311 Seymour Ave
- Year built
- 1992
- Property size
- 62,304 SF
- Property type
- Shopping malls
- Property subtype
- Lifestyle centers
Description
This exceptional 62,304 square foot retail center, situated in Mundelein, Illinois, presents a compelling investment opportunity. Built in 1992, this single-story, Class C property boasts a prime location at 311 N Seymour Ave, conveniently positioned at the southeast corner of Hawley St and Seymour Ave. Its strategic location offers excellent visibility and accessibility, being just one block east of Lake St (IL 45), two blocks south of W Maple Ave (IL 176), and directly north of the Mundelein Metra commuter rail station. The property sits on a 4-acre lot and is comprised of a single building. Currently, there are multiple tenants occupying the space, with five units available ranging from a minimum of 975 square feet to a maximum contiguous space of 6,082 square feet. The center benefits from below-market rents and low operating expenses, making it an attractive proposition for prospective tenants. Its proximity to the Village Hall and the train station further enhances its appeal. The property is categorized as a strip center, neighborhood center, street retail, and retail center, offering a versatile space suitable for a variety of retail businesses. Lake County is the location of this property, with a zip code of 60060. This grocery-anchored center provides a strong foundation for success in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mundelein
- County
- Lake
- State
- Illinois
- Longitude
- -88.0011
- Latitude
- 42.2686
