The median home value in Mundelein, IL is $272,000.
This is
lower than
the county median home value of $300,000.
The national median home value is $308,980.
The average price of homes sold in Mundelein, IL is $272,000.
Approximately 76% of Mundelein homes are owned,
compared to 20% rented, while
4% are vacant.
Mundelein real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Mundelein real estate agent to arrange a tour today!
Learn more about Mundelein.
Now is your chance to own a stunning, fully built-out 5,800 sq ft brewery/restaurant in the heart of downtown Mundelein. Completed in 2023 with a $1,300,000 state-of-the-art buildout, this turnkey operation is ready for immediate launch! Everything is in place from the $580,000 Quality Tank Solutions brewing system capable of producing 1,000 barrels annually, to the $317,000 in top-of-the-line kitchen equipment offering unparalleled quality and efficiency from day one. Guests can enjoy a vibrant atmosphere with a 90-seat dining room, 14 bar seats, a 48-seat private party room, and a 50-seat outdoor patio perfect for warm-weather service. Plus, there's incredible potential to expand with a second-floor buildout featuring a private event room for 120 guests and a rooftop terrace that adds a signature experience and additional revenue stream. The property also includes an extra 40-car parking lot just to the south-an essential amenity in this walkable, thriving downtown. Located at 169 Seymour Ave., this prime location is surrounded by a surge of new development, including over 5,000 residential units planned for Mundelein over the next decade. 500 of these units are just steps away, creating a built-in customer base that's eager for new dining and entertainment options. Don't miss this rare opportunity to step into a high-end operation in one of Lake County's fastest-growing communities. The future is bright in Mundelein-seize it now!
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
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.
High traffic location near the intersection of Route 83 and US Highway 45. Long-time, established restaurant has been operating for over 40 years here. Buy the business, do your own thing, keep it a restaurant/bar, or pitch redevelopment, there are many options for this great location. The building is just over 3500 square feet above grade with storage and freezer in the basement. 42 parking spaces, .51 acre lot. Additional items: larger full kitchen including walk-in freezer, up-right oven, gas stove and deep fryer, ice machine, dishwasher and triple sink basin, prep-station and additional dry-storage in basement.
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