511 Hawley St, Mundelein, IL 60060
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.
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.