Mundelein IL Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
1,900
Status:
Active
MLS#:
12316912
Type:
General Commercial
Year built:
1988
A broker reciprocity listing Courtesy: @properties Christie's International Real Estate 847-295-0700
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ADDITIONAL INFORMATION

Prime Office/Warehouse Condo for Sale in Mundelein/Vernon Hills This fully renovated 1,900 sq. ft. office suite with a small warehouse is located in a highly sought-after industrial park. Featuring a modern reception area, 2 private offices, a kitchen space, a bathroom, a storage room, and a convenient dock for unloading, this space offers exceptional functionality for your business. The building is constructed with durable brick, and there is ample parking for both employees and visitors. The association of 709.21 per quarter covers exterior maintenance, lawn care, snow removal, scavenger services, and common insurance, providing peace of mind for the owner. Located with easy access to major highways, a train station, and local shopping, this property is ideal for businesses seeking both convenience and visibility. The well-managed industrial park is home to many other thriving businesses. Don't miss out on this great opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
3,000
Status:
Active
MLS#:
12313094
Type:
Mixed Use
Year built:
1923
A broker reciprocity listing Courtesy: The Pineapple Brand Company 224-360-0301
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ADDITIONAL INFORMATION

Located at the gateway to Mundelein and on the edge of its growing downtown, this fully leased, turn-key investment offers over 3,000 square feet of income-generating space within the flexible C5-C zoning district. These two freestanding, two-unit buildings present an exceptional opportunity for investors seeking strong cash flow in a prime location. 914 Lake Street is a mixed-use property featuring a commercial unit on the ground floor and a residential apartment above. The commercial space offers a thoughtfully designed layout with artistic touches, three restrooms (two ADA-compliant), and ramped access. A welcoming outdoor deck enhances its appeal. The upper-level residential unit is a spacious, multi-level apartment with a well-appointed bedroom, a luxurious en suite bathroom, and an in-unit washer and dryer. Currently leased, this unit provides reliable rental income. The entire property underwent a full renovation in 2018, including updates to the roof, mechanicals, and finishes. Additional features include a hardwired security system, fire monitoring, and pre-wiring for cable/internet connectivity. 918 Lake Street was a fully updated in 2024. This two-unit residential building is now fully leased. Unit A is a large one bedroom unit. Unit B is a two story, two bedroom unit. Both fully renovated. This property offers an excellent investment opportunity with strong rental income. Situated on Route 45 (Lake Street), this property enjoys high visibility with approximately 16,000 vehicles passing daily (per IDOT). With its strategic location near major intersections, new developments, and the METRA station, this is a prime opportunity to invest in Mundelein's evolving landscape. Both buildings benefit from ample on-site parking, making them well-suited for tenants and business operations. The flexible C5-C zoning allows for continued residential use or potential commercial adaptation in the future. Additionally, 918 Lake Street may qualify for Mundelein's Business Incentive Grant (BIG Program), which reimburses up to 50% of eligible exterior and select interior improvements (up to $25,000). Separately, some businesses may qualify for the Village of Mundelein's STAR Grant, too. For inquiries regarding zoning Grant Program eligibility, contact Mundelein's Community Development and Planning Department. Owner will not separate lots.

Beds:
n/a
Baths:
Sq.Ft.:
3,250
Status:
Active
MLS#:
12314721
Type:
General Commercial
A broker reciprocity listing Courtesy: Century 21 Circle 847-336-7333
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ADDITIONAL INFORMATION

Current tenant is Restaurant. Building only for Sale not business. Lease is currently in place with tenant 3250 sq ft building in town Showings after 3PM

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12303523
Type:
General Commercial
Lot size:
74.6 Acres
Year built:
1985
A broker reciprocity listing Courtesy: RE/MAX Suburban 847-367-8686
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ADDITIONAL INFORMATION

Rare opportunity to own a fully renovated, high-performing 6-unit multifamily property in the heart of Mundelein, IL. This all-brick building sits on an expansive 32,513 SF (.7464-acre) lot and has undergone major upgrades, ensuring low maintenance and high rental income. Four of the six units were completely rebuilt in 2024 with brand-new HVAC, plumbing, kitchens, appliances, flooring, and bathrooms. The remaining two units are in excellent condition, occupied by long-term tenants for added stability. Centrally positioned in downtown Mundelein, this turnkey investment is surrounded by ongoing residential and commercial development, ensuring strong tenant demand. The C-5-C Corridor zoning offers incredible flexibility for future development, including multifamily expansion, retail, medical, office, or restaurant use. The property features 30 parking spaces and additional revenue potential through sectioned storage rentals. Mundelein is a rapidly growing submarket, benefiting from large-scale developments such as Ivanhoe Village, Station 250 Apartments, and Springs at Mundelein, all of which increase the area's rental demand. Affluent neighboring communities, including Vernon Hills, Libertyville, and Lake Zurich, further strengthen the investment appeal. With a full occupancy rate, a prime location, and zoning that allows for future value-add potential, this property offers both immediate cash flow and long-term appreciation.

Beds:
n/a
Baths:
Sq.Ft.:
5,500
Status:
Active
MLS#:
12269951
Type:
Other
A broker reciprocity listing Courtesy: HomeSmart Connect LLC 847-443-3700
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ADDITIONAL INFORMATION

Commercial Property Being Offered In Downtown Mundelein~This Is A Double Storefront (516 & 518 N Seymour Ave)~Great Location And Walking Distance To All That The Downtown Mundelein Area Has To Offer~Property Being Sold 'As Is'.

Beds:
n/a
Baths:
Sq.Ft.:
32,855
Status:
Active
MLS#:
12156166
Type:
Business Opportunities
Lot size:
4.02 Acres
Year built:
1969
A broker reciprocity listing Courtesy: Sperry Van Ness 312-676-1866
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ADDITIONAL INFORMATION

333 Washington is a 32,855 SF single-tenant building located just north of Allanson Road, minutes from Route 60 (Townline Road and Butterfield Road). The facility is fully air-conditioned, has a reinforced concrete foundation with masonry and steel walls and brick and metal panel exterior, and both parking and building are expandable. The building has a large fenced area with potential for trailer parking, heavy car parking, or outside storage. The property is conveniently 4.5 Miles from the I-94 & Townline Road four-way interchange and 26 miles to O'Hare International Airport. Easy access via local thoroughfares such as Hawley / Route 176, Lake Street, Route 45, Route 60, and Route 83.

Beds:
n/a
Baths:
Sq.Ft.:
26,595
Status:
Active
MLS#:
12155014
Type:
Mixed Use
Year built:
1979
A broker reciprocity listing Courtesy: Century 21 Circle 847-949-7100
View additional info

ADDITIONAL INFORMATION

Brick 2-story office building with over 16,000 sf of space. Corner lot on major roadways with curb cuts to Route 45 and 176. First floor offers 3 office suites, public restrooms, and kitchen area. Second floor has 7 office suites and public restrooms. All units are rented out. Building also has a lower level that offers a community room and 2 potential office suites, plus public restrooms and storage room. Newer roof. Newer windows. Brand new carpeting in hallways and stairs. The parking lot repaved in 2019.

Beds:
n/a
Baths:
Sq.Ft.:
3,503
Status:
Active
MLS#:
12001090
Type:
Other
Year built:
1965
A broker reciprocity listing Courtesy: Baird & Warner Fox Valley - Geneva 630-377-1855
View additional info

ADDITIONAL INFORMATION

High traffic location near the intersection of Route 83 and US Highway 45. Long-time, established restaurant has been operating for over 40 years here. Buy the business, do your own thing, keep it a restaurant/bar, or pitch redevelopment, there are many options for this great location. The building is just over 3500 square feet above grade with storage and freezer in the basement. 42 parking spaces, .51 acre lot. Additional items: larger full kitchen including walk-in freezer, up-right oven, gas stove and deep fryer, ice machine, dishwasher and triple sink basin, prep-station and additional dry-storage in basement.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Mundelein Real Estate

Mundelein is located in Illinois. Mundelein, Illinois has a population of 31,596. Mundelein is less family-centric than the surrounding county with 35.83% of the households containing married families with children. The county average for households married with children is 36.27%.

The median household income in Mundelein, Illinois is $96,993. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Mundelein is 37.6 years.

Mundelein Weather

The average high temperature in July is 82 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 36.2 inches per year, with 40.6 inches of snow per year.

Mundelein Map

Mundelein Real Estate Market Conditions

  • Median sales price

    $397,495
    14.5%
    change since last quarter
  • # Active listings

    126
    30-day change

Mundelein Schools and Demographics

Education near Mundelein, IL

City County
High School Graduates 89.45 90.81
College Degree - 2 year 8.19 6.49
College Degree - 4 year 41.45 46.32
Graduate Degree 11.61 14.09
Expenditures per Student 24,440 24,440
Students per Teacher 13.6 13.6

Elementary Schools near Mundelein, IL

Grades Students P/T Ratio ZIP
Adler Park School PK - 05 266 16.1 60048
Butterfield School KG - 05 542 14.7 60048
Copeland Manor Elementary School KG - 05 421 15.3 60048
Country Meadows Elementary School 01 - 05 405 11.9 60047
Diamond Lake Elementary School 02 - 04 332 13.2 60060
Fairhaven School PK - 01 307 13.3 60060
Fremont Intermediate School 03 - 05 674 17.3 60060
Hawthorn Aspen Elementary School PK - 05 589 15.6 60061
Hawthorn Elementary School South PK - 05 667 14.6 60061
Hawthorn Townline Elementary School PK - 05 446 12.7 60061
Kildeer Countryside Elementary School 01 - 05 450 15.3 60047
May Whitney Elementary School PK - 05 538 15.9 60047
Mechanics Grove Elementary School 03 - 05 523 14.5 60060
Prairie Crossing Charter School KG - 08 395 15.6 60030
Rockland Elementary School KG - 05 285 12.7 60048
Seth Paine Elementary School KG - 05 406 14.6 60047
Washington Elementary School KG - 02 527 13.1 60060
Woodland Primary School PK - KG 678 15.9 60030

Middle Schools near Mundelein, IL

Grades Students P/T Ratio ZIP
Carl Sandburg Middle School 06 - 08 608 14.3 60060
Frederick School 05 - 06 674 16.1 60030
Fremont Junior High/Middle School 06 - 08 724 14.6 60060
Grayslake Middle School 07 - 08 725 15.6 60030
Hawthorn Middle School North 06 - 08 584 12.7 60061
Hawthorn Middle School South 06 - 08 702 12.4 60061
Lake Zurich Middle - N Campus 06 - 08 708 11.8 60047
West Oak Middle School 05 - 08 432 11.8 60060

High Schools near Mundelein, IL

Grades Students P/T Ratio ZIP
Grayslake Central High School 09 - 12 1,461 15.7 60030
Grayslake North High School 09 - 12 1,571 15.5 60030
Lake Zurich High School 09 - 12 1,993 15.6 60047
Libertyville High School 09 - 12 1,969 15.1 60048
Mundelein Cons High School 09 - 12 2,067 17.4 60060
Vernon Hills High School 09 - 12 1,271 13 60061

Ungraded Schools near Mundelein, IL

Grades Students P/T Ratio ZIP
* Lake County Collaborative ALOP 07 - 12 0 60030
Laremont School PK - 12 143 4.2 60030
Sedol Sector Programs 02 - 12 6 0.1 60030

Real estate near Mundelein