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    870 Tower Rd Mundelein, IL 60060
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    Property profile & analytics

    870 Tower Rd Mundelein, IL 60060


    • Industrial properties
    Off-Market
    Last Sale Sep 21, 2023
    $565,000
    Property ID
    US28-1874217
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $565,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 870 Tower Rd

    Property type
    Industrial properties
    APN
    11-31-203-035
    APU
    1131203035

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $665,000

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    Location Insight

    • Map
    • Local Demand
    City
    Mundelein
    County
    Lake
    State
    Illinois
    Longitude
    -87.9911
    Latitude
    42.2508
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,804
    $27,448
    $85,401
    $112,849
    -
    $82,352
    $256,229
    $338,581
    More about this property
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