119 Gilmer Rd Mundelein, IL 60047
- Retail properties
- 5,525 SF
Current Use by Public Records
- Retail properties
Property Details for 119 Gilmer Rd
- Year built
- 1998
- Property size
- 5,525 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Cherry Hill Plaza, located at 119 W Gilmer Rd in Hawthorn Woods, IL 60047, presents a unique retail investment opportunity. This 5,525 square foot shopping center, built in 1998, offers two available suites totaling the entire building's square footage. The property is zoned PUD Vill Hawthorn Woods within Lake County and boasts ample parking with 50+ open spaces. Individual suites range from a minimum of 1,125 square feet to a maximum contiguous space of 4,400 square feet, providing flexibility for various retail or restaurant concepts. The property features robust electrical service with 600 amp plus 200 amp multi-panels. One suite is a fully built-out, second-generation restaurant space. This space includes a front dining room with high ceilings, a private banquet or meeting room, full men's and women's restrooms, a built-in brick stone oven, a cooler/warming stand, dual walk-in refrigerators/freezers, an existing full exhaust hood, and the potential for outside seating. The location benefits from an average income of $200,000 within a one-mile radius, indicating strong consumer spending power. This property is ideal for businesses seeking a well-established location with significant existing infrastructure. The entire building is currently vacant, presenting a blank canvas for a new tenant or a chance to lease out individual spaces.
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
- -88.0625
- Latitude
- 42.2563
