Property profile

1700 Butterfield Rd Mundelein, IL 60060

OFF-MARKET
Warehouses
60,000 SF Built 1976
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Property summary

AI-generated overview

This exceptional 60,000-square-foot warehouse property, located at 1700 S Butterfield Rd in Mundelein, Illinois (zip code 60060), presents a significant opportunity. The building, constructed in 1976 and renovated in 2015, offers a single-tenant occupancy configuration. Currently, 30,000 square feet of space is readily available for lease. The warehouse boasts a substantial 20-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by two loading docks and a single drive-in door, ensuring efficient operations. The property is equipped with 400 Amp, 120-240 Volt power. Situated in Lake County, this warehouse benefits from its location within an established industrial park, providing easy access to major transportation arteries. The property features finished office spaces, adding to its functionality and appeal. This is an ideal location for businesses seeking a well-maintained, conveniently located warehouse with excellent loading capabilities. The property's size and features make it suitable for a variety of industrial uses.

Property profile

Verified
Property type Warehouses
Year built 1976
Total area 60,000 SF

Cap rate & NOI

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

Location

1700 Butterfield Rd Mundelein, IL 60060
Mundelein metro
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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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