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Mundelein Shopping Center 155 N Seymour Ave 1,640 - 9,390 SF of Space Available in Mundelein, IL 60060
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 107 | 1,640 SF | Negotiable | $23.49 CAD/SF/YR $1.96 CAD/SF/MO $38,529 CAD/YR $3,211 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 109-111 | 3,250 SF | Negotiable | $14.66 CAD/SF/YR $1.22 CAD/SF/MO $47,636 CAD/YR $3,970 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 155 | 4,500 SF | Negotiable | $12.56 CAD/SF/YR $1.05 CAD/SF/MO $56,535 CAD/YR $4,711 CAD/MO | Modified Gross |
101-115 N Seymour Ave - 1st Floor - Ste 107
Space built-out for retail
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
101-115 N Seymour Ave - 1st Floor - Ste 109-111
Former medical office space with nice build-out.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Health Care Space
- Mostly Open Floor Plan Layout
- Fits 9 - 26 People
155-161 N Seymour Ave - 1st Floor - Ste 155
Former theater space, perfect for nonprofit
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 9,390 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 23,300 SF |
| Parking | 51 Spaces | Total Land Area | 3.16 AC |
| Center Properties | 2 | Year Built | 1982 |
| Total Space Available | 9,390 SF |
| Center Type | Strip Center |
| Parking | 51 Spaces |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 23,300 SF |
| Total Land Area | 3.16 AC |
| Year Built | 1982 |
ABOUT THE PROPERTY
Three storefronts are available for lease in the Mundelein Shopping Center. The property is conveniently located in downtown Mundelein, across the street from Kracklauer Park. The 1,640 SF unit is a former retail store and is perfect for a variety of uses. The 3,250 SF turn-key medical office has a reception area, multiple offices and treatment rooms with individual plumbing. The former theater includes an auditorium, a ticket/concession area and a sound booth and could be used as a religious facility or community center.
NEARBY MAJOR RETAILERS
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Mundelein Shopping Center | 155 N Seymour Ave
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