404 Washington Blvd Mundelein, IL 60060

Property Details for 404 Washington Blvd

Lot size

1.42 lot acres

Property type

Commercial real estate

APN

11-30-401-054

APU

1130401054

Description

This exceptional 31,600 square foot industrial building, situated on a generous 2.38-acre lot in Mundelein, Illinois, presents a compelling investment opportunity. The property boasts a well-maintained structure with ample parking, specifically designed for outside storage and truck parking. The building's layout is highly functional, incorporating 21% office space and the remaining area dedicated to warehouse operations. Key features include a loading dock equipped with a leveler, a 10-foot drive-in door, and substantial heavy power capacity. The column spacing is 28 feet, offering flexibility for various layouts and configurations. Its strategic location provides excellent access to major transportation arteries, including a convenient 4.5-mile proximity to the I-94 & Townline Road interchange. Additional access is readily available via Hawley/Route 176, Lake Street, Route 45, Route 60, and Route 83. The property's versatility allows for either full occupancy by a single owner-user or subdivision into smaller units to generate additional rental income. Recently under new ownership, the building has undergone a complete renovation, ensuring modern functionality and efficiency. This property represents a rare opportunity to acquire a high-quality industrial asset in a desirable location with significant potential for growth and return on investment. The asking price is $1,950,000.

Location Insight

City

Mundelein

County

Lake

State

Illinois

Longitude

-87.9873

Latitude

42.2578

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments