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440 E Hawley St
1,000 - 23,000 SF of Space Available in Mundelein, IL 60060
Highlights
- New 2 Story Retail & Office building with space from 1,000-23,000 SF For Lease
- Retail/Restaurant/Office Space Available For Lease
- Mundelein Metra Train station located only 2 blocks to the South
- Landlord & Village Incentives including: $25,000 for new tenants, Signage Grants, tax incentives etc
- Potential for rooftop dining (7,500 sq. ft.)
- Over 800 newly constructed apartments & condos within 1/2 mile radius
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-11,500 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $17,250 /MO $207,000 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste 200 A-D | 1,000-11,500 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $11,500 /MO $138,000 /YR | Triple Net (NNN) |
1st Floor
New 2 Story Retail & Office building with space from 1,000-23,000 SF For Lease Landlord will buildout space as needed for credit worthy tenants Village Incentives including: $25,000 for new tenants, Signage Grants, tax incentives etc Over 800 newly constructed apartments & condos within 1/2 mile radius Unique opportunity for an outdoor Rooftop concept Mundelein Metra Train station located only 2 blocks to the South New Construction High End Brick/Masonry Construction completed in 2021 1,000-23,000 SF Available Immediately for lease Prominent location on Hawley St just East of Rt 45 Village of Mundelein Incentive packages available including: $25,000 Allowance per new tenant & more! Abundant Parking & Elevator Access High Image 2 Story Retail/Office building built in 2021 Over 135,000 Consumers in a 5-mile radius Ideal for Retail, Restaurant, Office Space, Gaming Cafe or other creative uses. Build to suit available! Carmel HS, Mundelein HS & Libertyville HS located just minutes away! (Over 5,200 students) Elevator building High quality aesthetics/curb appeal Potential for rooftop dining (7,500 sq. ft.) or other creative rooftop uses! -Retail Space Asking Rent: $18.00 Net + $5.40 PSF Cam & Taxes estimate (2024) -Office Space Asking Rent: $12.00 Net + $5.40 PSF Cam& Taxes estimate (2024)
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Retail & Office building w space 1,000-23,000 SF
- Opportunity to customize space to tenant specs!
- Landlord & Village leasing Incentives Available!
- 800 new apartments & condos within 1/2 mile
- Retail, Restaurant, Office Space, Gaming Cafe
- 3 High Schools with 5,200 Students in area!
2nd Floor, Ste 200 A-D
New 2 Story Retail & Office building with space from 1,000-23,000 SF For Lease Mundelein Metra Train station located only 1 block South Landlord will buildout space as needed for credit worthy tenants Village Incentives including: $25,000 for new tenants, Signage Grants, tax incentives etc Over 800 newly constructed apartments & condos within 1/2 mile radius Unique opportunity for an outdoor Rooftop concept New Construction High End Brick/Masonry Construction completed in 2021 1,000-23,000 SF Available Immediately for lease Prominent location on Hawley St just East of Rt 45 Village of Mundelein Incentive packages available including: $25,000 Allowance per new tenant & more! Abundant Parking & Elevator Access High Image 2 Story Retail/Office building built in 2021 Over 135,000 Consumers in a 5-mile radius Ideal for Retail, Restaurant, Office Space, Gaming Cafe or other creative uses. Build to suit available! Carmel HS, Mundelein HS & Libertyville HS located just minutes away! (Over 5,200 students) Elevator building High quality aesthetics/curb appeal Potential for rooftop dining (7,500 sq. ft.) or other creative rooftop uses! -Retail Space Asking Rent: $18.00 Net + $5.40 PSF Cam & Taxes estimate (2024) -Office Space Asking Rent: $12.00 Net + $5.40 PSF Cam& Taxes estimate (2024)
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Elevator Access
- High Ceilings
- Natural Light
- After Hours HVAC Available
- Retail/Restaurant/Office Space Available For Lease
- Office Space from 1,000-23,000 SF for lease
- Mundelein Metra Train station located only 1 block
- 800 new apartments & condos within 1/2 mile radius
- Village & Landlord Incentive packages available!
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 440 E Hawley St , Mundelein, IL 60060
| Min. Divisible | 1,000 SF | Gross Leasable Area | 23,000 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.61/1,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 23,000 SF |
| Year Built | 2021 |
| Parking Ratio | 2.61/1,000 SF |
About the Property
New 2 Story Retail & Office building with space from 1,000-23,000 SF For Lease Landlord will buildout space as needed for credit worthy tenants Village Incentives including: $25,000 for new tenants, Signage Grants, tax incentives etc Over 800 newly constructed apartments & condos within 1/2 mile radius Unique opportunity for an outdoor Rooftop concept Mundelein Metra Train station located only 2 blocks to the South New Construction High End Brick/Masonry Construction completed in 2021 1,000-23,000 SF Available Immediately for lease Prominent location on Hawley St just East of Rt 45 Village of Mundelein Incentive packages available including: $25,000 Allowance per new tenant & more! Abundant Parking & Elevator Access High Image 2 Story Retail/Office building built in 2021 Over 135,000 Consumers in a 5-mile radius Ideal for Retail, Restaurant, Office Space, Gaming Cafe or other creative uses. Build to suit available! Carmel HS, Mundelein HS & Libertyville HS located just minutes away! (Over 5,200 students) -Retail Space Asking Rent: $18.00 Net + $5.40 PSF Cam & Taxes estimate (2024) -Office Space Asking Rent: $12.00 Net + $5.40 PSF Cam& Taxes estimate (2024) An exciting redevelopment opportunity, on the former site of the Mundelein Village Hall. A new construction, two-story, expert masonry commercial structure, consisting of approximately 23,000 leasable square feet for retail, office and restaurant users. The building provides various sizes of contemporary space for individual businesses, including the potential for a 7,500 square foot, rooftop, dining experience. The Village Of Mundelein is a vibrant municipality, and business center in the heart of Lake County, boasting award winning village services, abundant recreational opportunities, and top-rated school districts. Landlord & Village leasing Incentives Available! PROPERTY HIGHLIGHTS Retail/Restaurant/Office Space Available For Lease Available space from 1,000-23,100 SF Elevator building High quality aesthetics/curb appeal Off-street parking (35 surface spaces) Potential for rooftop dining (7,500 sq. ft.)
- 24 Hour Access
- Commuter Rail
- Pylon Sign
- Tenant Controlled HVAC
- Roof Terrace
- Air Conditioning
- Balcony
-
Randy Olczyk -
Thomas Callahan -
Chicagoland Commercial Real Estate
Presented by
440 E Hawley St
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