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    OFF-MARKET
    Retail properties & Spaces

    350 Townline Rd, Mundelein, IL 60060

    40,000 SF
    Property ID
    Property summary
    AI-generated overview

    Mundelein Square, located at 350-372 Townline Rd, Mundelein, IL 60060, presents a unique investment opportunity in a thriving retail center. This grocery-shadow anchored property offers 40,000 total square feet of commercial space, with 8,115 square feet currently vacant and divisible into units ranging from 1,050 to 2,100 contiguous square feet. The center features a diverse tenancy including medical, office, restaurant, and retail spaces, anchored by the popular Alef Sausage Deli and situated next to Garden Fresh Market. This high-traffic location benefits from its position at a major Mundelein intersection, ensuring excellent visibility and accessibility. The property boasts plentiful parking, catering to the needs of both tenants and customers. The area demonstrates extremely high average household income and significant traffic counts, making it an ideal location for businesses seeking strong market penetration. Lake County's robust economy further enhances the investment potential of this well-established retail center. The available space is perfect for a variety of businesses seeking a high-visibility location in a strong retail corridor.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 40,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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