Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

700 Lk St Mundelein, IL 60060

OFF-MARKET
Office buildings
Property ID
US28-1245710
18,216 SF 0.34 ac lot Built 1979
Last sale Sep 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional mixed-use property, located at 700 N Lake Street in Mundelein, Illinois, presents a compelling investment opportunity. The two-story brick building boasts a substantial 26,595 square feet of space, strategically situated on a corner lot with convenient access to major roadways, Route 45 and Route 176, featuring curb cuts for easy ingress and egress. The first floor comprises three individual office suites, complete with shared public restrooms and a well-equipped kitchen…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value$259k
Assessed land$44k
Assessed improvement$215k
Effective rate10.34%

Value estimate

· Oct 2026
$505k
$455k – $556k
AI approach$505k
Submarket $/SF estimate$1.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 177 recorded sales of this use type
Observed band · Q1–Q3$61 – $193

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.8
Storage Facility9.3
Electrical Service8.6

Location

700 Lk St Mundelein, IL 60060-1357
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 11 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
126 Maple, Mundelein, IL 60060-1737 $1,360,000 May 2025 8,424 SF
220 Maple, Mundelein, IL 60060-1739 $760,000 Sep 2024 4,920 SF
918 Lk, Mundelein, IL 60060-1311 $185,000 Mar 2023 2,968 SF
550 Midlothian, Mundelein, IL 60060-1613 $1,500,000 Feb 2022 18,491 SF
800 Il Rte 83, Mundelein, IL 60060-4575 $1,600,000 Sep 2021 9,144 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Lk St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again