615 N Lake St | Mundelein, IL 60060
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615 N Lake St
Mundelein, IL 60060
Retail Property For Sale
Investment Highlights
- Great freestanding Masonry Commercial Retail/Office/Mixed Use/Industrial Building, C1 Mundelein Zoning,Building is 2800 sq feet, Lot is 4550 SQ FT
- 19,700(VPD) on lake and 12,800 on route 176 cars pass this location a day.
- Ceiling height about 14 ft, The Building has a Great signage area, classic facade, 200 amp electric system, very bright, lighting,
- Just South of the intersection of 176 and Lake , Almost right on the stoplight hard corner. Building is in Good Shape,
- Currently built out as an open Retail Space or open auto repair space. Private rest room, with 2 Drive in Door (DIDs),
- Front Parking storage Lot for about 7 cars, Perfect for an owner user, ideal for a variety of commercial uses,
Executive Summary
Great freestanding Masonry Commercial Retail/Office/Mixed Use/Industrial Building, C-5 Mundelein Zoning, Building is 2800 sq feet, Lot is 4550 SQ FT, Just South of the intersection of 176 and Lake , Almost right on the stoplight hard corner. 19,700(VPD) on lake and 12,800 on route 176 cars pass this location a day. Building is in Good Shape, Currently built out as an open Retail Space or open auto repair space. Private rest room, with 2 Drive in Door (DIDs), Ceiling height about 14 ft, The Building has a Great signage area, classic facade, 200 amp electric system, very bright, lighting, Front Parking storage Lot for about 7 cars, Great potential here, Perfect for an owner user, ideal for a variety of commercial uses, Auto Repair, Bike Shop, Retail, Restaurant, Or for professional office use, school, adult education center, atty, insurance, real estate, medical use, Surrounding Area companies and business include, Lukes Red Hots, Emils sports bar, BP Amoco, La Luz Bakery, Mundelein True Value, Cabinet Creations, Tina G's Mundelein Barber, Mundelein Automotive Do not bother tenant, call listing agent for showing.
PROPERTY FACTS Under Contract
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
F
Year Built
1940
Price
$249,000
Price Per SF
$89
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.10 AC
Zoning
C-5 - C-5 ZONING MUNDELEIN
Parking
4 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
58 FT on Lake St
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 11-19-315-002 | Improvements Assessment | $24,895 |
| Land Assessment | $21,172 | Total Assessment | $46,067 |
PROPERTY TAXES
Parcel Number
11-19-315-002
Land Assessment
$21,172
Improvements Assessment
$24,895
Total Assessment
$46,067
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