Address
700 N Lake Street, Mundelein, IL
Price
$ 790,000
Property Attributes
  • MLS#11985588
  • TypeCommercial
  • CountyLAKE
  • CityMundelein
  • AreaIvanhoe - Mundelein
  • NeighborhoodBushs Corners
  • Zip60060
  • StyleCommercial
  • Year Built1979
  • Taxes$ 31152
  • Price$ 790,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.77323 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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 2 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. The parking lot repaved in 2019. Tenants pay for their percentage of utilities, water, trash, landscaping/snowplowing, common area maintenance.

Price History
3/1/2024 Listed $790,000

General Features

Cooling Central Individual
Roof Membrane
Zoning COMMR
Construction Materials Brick
Year Built 1979
Electric Separate Meters
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Repairs,Scavenger,Sewer
Stories 2
Township Fremont
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial
County Lake
Property Type Commercial Sale
Status Active
Directions NW corner of Route 45 (Lake) and Route 176 (Maple Ave)
City Mundelein
Total Units 12
MLS Area Ivanhoe / Mundelein
Lot Size Square Feet 77242
Street Name Lake
Tax Annual Amount 31152.2
Additional Parcels Y/N Yes
Days on Market 12
Standard Status Active
Property Type Mixed Use

Interior Features

Flooring Carpet,Tile,Varies
Street Suffix Street

Exterior Features

Lot Dimensions 165.94X213.28X217X192.86
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60060

Price
AVG $140K
$790K
Taxes
AVG $19,032
$31,152
Visits
AVG 269
51
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1979

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