Currently Auto Repair shop. Business office and 2 large bays. Ample parking. Currently tenant occupied on month - to - month lease.
2 Units Vacant Pro Forma Cap Rate: 8.80. This high-visibility retail center features four 2,500 SF suites, with flexible design allowing two units to be easily combined into a spacious 5,000 SF layout. Located in a thriving retail corridor with over 26,000 vehicles passing daily, the property offers prime exposure for both national tenants and local operators. Two units are currently vacant, offering immediate upside through lease-up. An eye-catching marquee sign enhances tenant visibility, while abundant parking and easy access drive consistent customer flow. Surrounded by restaurants, retailers, and service providers, this site offers a dynamic environment for sustained tenant success. Perfect for investors seeking a stabilized asset with lease-up potential and long-term upside.
Now is your chance to own a stunning, fully built-out 5,800 sq ft brewery/restaurant in the heart of downtown Mundelein. Completed in 2023 with a $1,300,000 state-of-the-art buildout, this turnkey operation is ready for immediate launch! Everything is in place from the $580,000 Quality Tank Solutions brewing system capable of producing 1,000 barrels annually, to the $317,000 in top-of-the-line kitchen equipment offering unparalleled quality and efficiency from day one. Guests can enjoy a vibrant atmosphere with a 90-seat dining room, 14 bar seats, a 48-seat private party room, and a 50-seat outdoor patio perfect for warm-weather service. Plus, there's incredible potential to expand with a second-floor buildout featuring a private event room for 120 guests and a rooftop terrace that adds a signature experience and additional revenue stream. The property also includes an extra 40-car parking lot just to the south-an essential amenity in this walkable, thriving downtown. Located at 169 Seymour Ave., this prime location is surrounded by a surge of new development, including over 5,000 residential units planned for Mundelein over the next decade. 500 of these units are just steps away, creating a built-in customer base that's eager for new dining and entertainment options. Don't miss this rare opportunity to step into a high-end operation in one of Lake County's fastest-growing communities. The future is bright in Mundelein-seize it now!
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!
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.
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'.
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.

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.
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.