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    OFF-MARKET
    Commercial real estate

    516 Seymour Ave, Mundelein, IL 60060

    5,500 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 5,500 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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