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    OFF-MARKET
    Retail properties & Spaces

    0 101-115 & 155-161, Mundelein, IL 60060

    19,775 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property in downtown Mundelein, Illinois, offers multiple office and retail spaces for lease. Located at 101-115 & 155-161 N, Mundelein, IL 60060, this property boasts a total of 19,775 square feet, with 9,390 square feet currently vacant. Three distinct spaces are available, ranging from 1,650 to 4,500 contiguous square feet, making it ideal for a variety of businesses. One space, previously a retail store (approximately 1,640 sq ft), is adaptable to numerous uses. A second space, a 3,250 square foot turnkey medical office, features a reception area, multiple offices, treatment rooms, and individual plumbing. The third space, a former 4,500 square foot theatre, includes an auditorium, ticket/concession area, and sound booth, suitable for a religious facility or community center. The property is zoned C-5 and conveniently situated across from Kracklauer Park, just off Route 45 in the heart of Lake County's bustling business corridor. This vibrant community of approximately 32,000 residents offers excellent visibility and accessibility. Minimum divisible space is 1,650 square feet. Inquire today about leasing opportunities.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 19,775 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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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