781 Midlothian Rd, Mundelein, IL 60060
This exceptional 1,200 square foot retail space is available immediately in the thriving Mundelein Meadows Retail Center, located at 781 S Midlothian Rd, Mundelein, IL 60060. Built in 2000, this single-story building boasts excellent curb appeal and is situated in a high-traffic area with over 30,000 vehicles passing daily. The property offers convenient access for customers and employees, with 24-hour tenant access and tenant-controlled HVAC systems. This space is ideal for a variety of uses, including retail, restaurant, service-based businesses, or office space. The center enjoys a strong anchor tenant lineup including Aldi and Walgreens, ensuring high visibility and foot traffic. With over 114,000 consumers within a five-mile radius, this location offers significant market potential. The property features a prominent building monument sign and opportunities for tenant signage. This is the last available space in this established center, providing a unique opportunity to join a diverse mix of existing tenants such as UPS Store, Subway, a dry cleaner, Honeyway, Goodwill, and Kindercare. The rental rate is $18.00 per square foot net, plus $8.00 per square foot for operating expenses and taxes. Don't miss this chance to secure a prime retail location in a bustling Mundelein commercial center.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.