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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$495,000

Est. payment - /mo

5,555 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 5,555 sqft

Price per Sqft $89

MLS Listing ID 12353142

Year Built 1967

Annual Tax Amount $9,825

Tax Year 2023

Lot Dimensions 336x55

Property Sub-Type Retail/Stores

Property Description

Excellent opportunity to own a standalone commercial property in a high-visibility, high-traffic location on North Lake Street in the heart of Mundelein. This versatile property features two lots (front and rear), offering a rare combination of retail/office exposure in the front with functional warehouse capability in the rear, along with future redevelopment potential. Key Highlights: Standalone building - ideal for owner-users or investors Prime main road frontage with strong visibility and traffic Dual-lot configuration providing flexibility and added value Rear area supports warehouse use, including truck-accessible loading capability Suitable for distribution, storage, contractor use, light industrial, or mixed-use operations Front portion ideal for retail, office, medical, cafe, or bakery (subject to zoning) Rear lot can be utilized for loading, parking, storage, or expansion Strong redevelopment opportunity - potential for multi-family or apartment development (subject to zoning and municipal approvals) This property is ideal for business owners seeking visibility with operational functionality, as well as developers looking to capitalize on land and location. Bring your vision-retail, bakery, office, warehouse, or future residential development-and unlock the full potential of this highly flexible site. Drive by today and explore the possibilities.

Location

State IL

County Lake

Area Ivanhoe / Mundelein

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Retail/Stores

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Listed by Muhammad Haroon of RE/MAX SAWA

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

324 N Lake ST Mundelein, IL 60060

Garrett Johnson

Key Details

Location

Interior

Building

Nearby School & Business

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