Property summary
This exceptional investment opportunity presents a 2,364 square foot single-story executive office building located at 511 E Hawley St, Mundelein, IL 60060. Built in 1954, this property sits on a 3,193 square foot lot and is zoned C5C, offering significant potential for future development or continued operation as a thriving business. Currently, the entire building is leased to Lake County Physical Therapy, providing a stable income stream for the new owner. The property boasts seven parking spaces, a significant advantage in this location. The building's single-story design offers ease of access and functionality. The address is 511 E Hawley St, Mundelein, IL, within Lake County. The property's APN is 11-30-102-061-0000. This turnkey operation presents a rare chance to acquire a well-located, income-producing asset in a desirable area. The asking price for this property is $185,000. This represents a strong return on investment given the current lease and the potential for future appreciation. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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