Property Listing No Longer Available for Sale

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
UpdatedOctober 22nd, 2020
TypeRetail
Price$2,050,000
Building10,000 Sq. Ft.
Land2 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.


Financials



Similar Listings