615 N Lake Street
Mundelein, IL, 60060 $ 239,000
Baths0.0 Sq 2,800 Monthly Estimate*
$ 1,588
Studio
for $239,000. This 2,800 square foot building was built in 1940 on a lot size of 0.104454.
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.
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FeaturesGeneralCooling Window Unit(s)
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Community Water-Municipal Water to Site
Possession Closing Immediate
Zoning COMMR
Construction Materials Brick Concrete
Year Built 1940
Electric Circuit Breakers
Tenant Pays Other Varies by Tenant
Stories 1
Township Avon
Tax Year 2021
Current Use Commercial
Gross Income 0
County Lake
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale Retail/Stores
Contingency Attorney/Inspection
Status Contingent
Directions Route 176 to Lake in Mundelein South to address East side of the street.
City Mundelein
Total Units 1
MLS Area Ivanhoe / Mundelein
Lot Size Square Feet 4550
Street Name Lake
Tax Annual Amount 4563.62
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Leasable Area 2800
Days on Market 1072
Lease Type N/A
Standard Status Active Under Contract
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InteriorFlooring Concrete
Street Suffix Street
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 2800
Lot Dimensions 100 X 45.50
Frontage Type City Street County Road Public Road Signal Intersection State Road Township Road
Exterior Aluminum Siding
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* Excluded FeaturesList By@Properties CommercialBroker
mikelevin@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,588
- Monthly Property Taxes
- $380
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Mundelein, IL
Average List Price $633,400
Percent of Sale Price 165%
About Mundelein, IL 31,473 Population
3% Since 2002
$ 78,973 Median Income
38 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/30/2023 | $239,000 | -4.02% | Price Down |
| 4/14/2023 | $249,000 | -3.86% | Price Down |
| 12/27/2022 | $259,000 | -3.72% | Price Down |
| 9/1/2021 | $269,000 | -3.93% | Price Down |
| 1/19/2021 | $280,000 | | Listed Price |