Curtis Dosland
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Excellent opportunity to own a standalone commercial property in a high-visibility, high-traffic location on North Lake Street in the heart of Mundelein. This versatile property features two lots (front and rear), offering a rare combination of retail/office exposure in the front with functional warehouse capability in the rear, along with future redevelopment potential. Key Highlights: Standalone building - ideal for owner-users or investors Prime main road frontage with strong visibility and traffic Dual-lot configuration providing flexibility and added value Rear area supports warehouse use, including truck-accessible loading capability Suitable for distribution, storage, contractor use, light industrial, or mixed-use operations Front portion ideal for retail, office, medical, cafe, or bakery (subject to zoning) Rear lot can be utilized for loading, parking, storage, or expansion Strong redevelopment opportunity - potential for multi-family or apartment development (subject to zoning and municipal approvals) This property is ideal for business owners seeking visibility with operational functionality, as well as developers looking to capitalize on land and location. Bring your vision-retail, bakery, office, warehouse, or future residential development-and unlock the full potential of this highly flexible site. Drive by today and explore the possibilities.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1967
General Information
County: Lake
Listed By:
RE/MAX SAWA
877-312-7292
MRED MLS
MLS ID: 12353142
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324 N Lake Street, Mundelein, IL 60060.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $495,000 | $495,000 | $495,000 |
| Down Payment | $99,000 | $17,325 | $123,750 |
| Monthly Mortgage Amount | $2,311 | $2,914 | $3,009 |
| Taxes | $689 | $689 | $689 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $218 | $0 |
| Monthly Estimated Total | $3,144 | $3,965 | $3,842 |
Curtis Dosland
REALTOR®
Cell: (563) 212-0545
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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