516 Seymour Ave, Mundelein, IL 60060
This exceptional commercial property, located at 516 N Seymour Avenue in the heart of Mundelein, Illinois, presents a unique investment opportunity. The property encompasses a substantial 5,500 square feet and features a double storefront configuration, spanning both 516 and 518 N Seymour Avenue. This prime location offers unparalleled visibility and accessibility, placing your business within easy walking distance of all that downtown Mundelein has to offer. The property is being sold "as is," providing a blank canvas for your vision and allowing for maximum flexibility in terms of renovation and customization. The building's size and dual storefront setup offer significant potential for a variety of commercial uses, from retail spaces to offices, or even a combination of both. The high foot traffic of this downtown location ensures excellent exposure for your business, maximizing its potential for success. This is a rare opportunity to acquire a substantial commercial property in a thriving downtown area, offering a strong foundation for growth and profitability. The property sits on a lot with no acreage specified. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The asking price is $300,000.
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
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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.