Mundelein IL Real Estate & Commercial for Sale

Prime Office/Warehouse Condo for Sale in Mundelein/Vernon Hills This fully renovated 1,900 sq. ft. office suite with a small warehouse is located in a highly sought-after industrial park. Featuring a modern reception area, 2 private offices, a kitchen space, a bathroom, a storage room, and a convenient dock for unloading, this space offers exceptional functionality for your business. The building is constructed with durable brick, and there is ample parking for both employees and visitors. The association of 709.21 per quarter covers exterior maintenance, lawn care, snow removal, scavenger services, and common insurance, providing peace of mind for the owner. Located with easy access to major highways, a train station, and local shopping, this property is ideal for businesses seeking both convenience and visibility. The well-managed industrial park is home to many other thriving businesses. Don't miss out on this great opportunity!

Located at the gateway to Mundelein and on the edge of its growing downtown, this fully leased, turn-key investment offers over 3,000 square feet of income-generating space within the flexible C5-C zoning district. These two freestanding, two-unit buildings present an exceptional opportunity for investors seeking strong cash flow in a prime location. 914 Lake Street is a mixed-use property featuring a commercial unit on the ground floor and a residential apartment above. The commercial space offers a thoughtfully designed layout with artistic touches, three restrooms (two ADA-compliant), and ramped access. A welcoming outdoor deck enhances its appeal. The upper-level residential unit is a spacious, multi-level apartment with a well-appointed bedroom, a luxurious en suite bathroom, and an in-unit washer and dryer. Currently leased, this unit provides reliable rental income. The entire property underwent a full renovation in 2018, including updates to the roof, mechanicals, and finishes. Additional features include a hardwired security system, fire monitoring, and pre-wiring for cable/internet connectivity. 918 Lake Street was a fully updated in 2024. This two-unit residential building is now fully leased. Unit A is a large one bedroom unit. Unit B is a two story, two bedroom unit. Both fully renovated. This property offers an excellent investment opportunity with strong rental income. Situated on Route 45 (Lake Street), this property enjoys high visibility with approximately 16,000 vehicles passing daily (per IDOT). With its strategic location near major intersections, new developments, and the METRA station, this is a prime opportunity to invest in Mundelein's evolving landscape. Both buildings benefit from ample on-site parking, making them well-suited for tenants and business operations. The flexible C5-C zoning allows for continued residential use or potential commercial adaptation in the future. Additionally, 918 Lake Street may qualify for Mundelein's Business Incentive Grant (BIG Program), which reimburses up to 50% of eligible exterior and select interior improvements (up to $25,000). Separately, some businesses may qualify for the Village of Mundelein's STAR Grant, too. For inquiries regarding zoning Grant Program eligibility, contact Mundelein's Community Development and Planning Department. Owner will not separate lots.

Current tenant is Restaurant. Building only for Sale not business. Lease is currently in place with tenant 3250 sq ft building in town Showings after 3PM

Rare opportunity to own a fully renovated, high-performing 6-unit multifamily property in the heart of Mundelein, IL. This all-brick building sits on an expansive 32,513 SF (.7464-acre) lot and has undergone major upgrades, ensuring low maintenance and high rental income. Four of the six units were completely rebuilt in 2024 with brand-new HVAC, plumbing, kitchens, appliances, flooring, and bathrooms. The remaining two units are in excellent condition, occupied by long-term tenants for added stability. Centrally positioned in downtown Mundelein, this turnkey investment is surrounded by ongoing residential and commercial development, ensuring strong tenant demand. The C-5-C Corridor zoning offers incredible flexibility for future development, including multifamily expansion, retail, medical, office, or restaurant use. The property features 30 parking spaces and additional revenue potential through sectioned storage rentals. Mundelein is a rapidly growing submarket, benefiting from large-scale developments such as Ivanhoe Village, Station 250 Apartments, and Springs at Mundelein, all of which increase the area's rental demand. Affluent neighboring communities, including Vernon Hills, Libertyville, and Lake Zurich, further strengthen the investment appeal. With a full occupancy rate, a prime location, and zoning that allows for future value-add potential, this property offers both immediate cash flow and long-term appreciation.

Commercial Property Being Offered In Downtown Mundelein~This Is A Double Storefront (516 & 518 N Seymour Ave)~Great Location And Walking Distance To All That The Downtown Mundelein Area Has To Offer~Property Being Sold 'As Is'.

333 Washington is a 32,855 SF single-tenant building located just north of Allanson Road, minutes from Route 60 (Townline Road and Butterfield Road). The facility is fully air-conditioned, has a reinforced concrete foundation with masonry and steel walls and brick and metal panel exterior, and both parking and building are expandable. The building has a large fenced area with potential for trailer parking, heavy car parking, or outside storage. The property is conveniently 4.5 Miles from the I-94 & Townline Road four-way interchange and 26 miles to O'Hare International Airport. Easy access via local thoroughfares such as Hawley / Route 176, Lake Street, Route 45, Route 60, and Route 83.

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 3 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. Brand new carpeting in hallways and stairs. The parking lot repaved in 2019.