0 101-115 & 155-161, Mundelein, IL 60060
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.