Property summary
This exceptional 4,000 square foot industrial condo unit, located at 870 Tower Rd in Mundelein, Illinois, presents a fantastic leasing opportunity. Situated within a larger 21,989 square foot building, this Class B property offers a 17' 6" ceiling height, ideal for various industrial uses. The unit features one drive-in door (12' x 14'), providing convenient access for loading and unloading. Ample power is available with a 400-amp service. The property is zoned M-1, allowing for a range of industrial applications. Built in 1990, the single-story building is part of a multi-tenant complex with a total of four suites. While the minimum divisible space is 4,000 square feet, the maximum contiguous space available for lease is also 4,000 square feet. The property includes eight parking spaces for employee and visitor convenience. This location in Lake County, Illinois (zip code 60060) offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The currently vacant 4,000 square foot space is ready for immediate occupancy. This is a rare opportunity to secure a well-maintained industrial space in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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