1500 S. Lake Street, Mundelein, IL
Retail for Sale - $2,050,000 - 10,000 Sq. Ft. on 2 acres
Property Info
CIMLS# | 1048933 |
Location 1500 S. Lake Street Mundelein IL 60060 | |
Updated | October 22nd, 2020 |
Type | Retail |
Price | $2,050,000 |
Building | 10,000 Sq. Ft. |
Land | 2 acres |
Property Description
10,000 sf four (4) unit fully leased strip center located on Rt. 45 (Lake St.) near Rt. 60 (Townline Rd.) in Mundelein, IL. Center is located across the street from Townline Square Shopping Center. There are four (4) tenants: Cash America/Advance America, Cygnus Lactation Services, VapeNJuice and Samaris. All leases are Modified Gross, NOI $97,605.42 There are 34 parking spaces in front and rear of the building. Additional vacant land behind the center can be built on if the owner desires to. The entrance to the center is on Rt. 45. Approximately 25,500 vehicles daily this property. All tenants have signage facing Lake St and are very visible from the street.