0 Nec Maple Ave & Lk St, Mundelein, IL 60060
This exceptional retail property, located at the northeast corner of Maple Avenue and Lake Street in Mundelein, Illinois (zip code 60060), offers a unique investment opportunity. The 0.76-acre lot boasts a 4,936 square foot building with 4,936 square feet currently available for lease, sale, or build-to-suit. The property features 28 parking spaces and multiple curb cuts along Lake Street, providing convenient access. Its strategic location at a signalized intersection with approximately 34,800 vehicles per day ensures high visibility and accessibility. The site is ideally suited for a variety of retail uses, potentially including a drive-thru and outdoor patio seating. This location benefits from its proximity to a newly developed Thornton's, a newly constructed 139-unit townhome community (Morris Station), and a soon-to-open 165-unit apartment complex (Station 250, opening Summer 2024). The property is situated in a thriving area with a strong demographic profile, boasting approximately 41,000 residents within a three-mile radius and an average household income of approximately $154,000 per year. The property is zoned for commercial use and is ready for immediate occupancy. This is a rare opportunity to acquire a prime retail space in a rapidly growing area of Lake County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.