Property profile

781 Midlothian Rd Mundelein, IL 60060

OFF-MARKET
Retail properties & Spaces
1,200 SF Built 2000
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2000
Total area 1,200 SF

Cap rate & NOI

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

Location

781 Midlothian 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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