Property profile

511 Hawley St Mundelein, IL 60060

OFF-MARKET
Office Spaces
2,364 SF Built 1954
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Property summary

AI-generated overview

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

Verified
Property type Office Spaces
Year built 1954
Total area 2,364 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

511 Hawley St Mundelein, IL 60060
Mundelein metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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