Log In/Sign Up
Your email has been sent.
Patriots Plaza 301-357 Townline Rd 45,000 SF 69% Leased Retail Building Mundelein, IL 60060 For Sale



INVESTMENT HIGHLIGHTS
- Prime retail location with over 37,000 vehicles per day.
- Surrounded by national retailers and strong residential base.
- Flexible redevelopment or owner-user potential.
- Two large building and lot options: 90,613 SF and 122,442 SF.
- High household income and strong local demographics.
EXECUTIVE SUMMARY
Patriot’s Plaza presents a rare investment opportunity in Mundelein, Illinois, located at the highly visible intersection of Townline Road and Lake Street. This retail property offers exceptional frontage and exposure with traffic counts exceeding 37,000 vehicles per day, making it a prime destination for retailers and service providers. The site includes two large-format building and lot configurations—90,613 SF and 122,442 SF—providing flexibility for redevelopment, owner-user occupancy, or multi-tenant leasing strategies.
The property is positioned within a strong trade area anchored by national brands such as Jewel-Osco, Panera Bread, Burger King, and Chase Bank. Its proximity to dense residential neighborhoods, multiple industrial parks, and educational institutions ensures a steady flow of consumer traffic. The surrounding market boasts high household incomes and robust demographics, creating a favorable environment for retail success.
With negotiable pricing and strategic location advantages, Patriot’s Plaza is ideal for investors seeking long-term value or businesses looking to establish a flagship presence in a thriving suburban corridor. This property combines visibility, accessibility, and growth potential in one of Lake County’s most active retail markets.
The property is positioned within a strong trade area anchored by national brands such as Jewel-Osco, Panera Bread, Burger King, and Chase Bank. Its proximity to dense residential neighborhoods, multiple industrial parks, and educational institutions ensures a steady flow of consumer traffic. The surrounding market boasts high household incomes and robust demographics, creating a favorable environment for retail success.
With negotiable pricing and strategic location advantages, Patriot’s Plaza is ideal for investors seeking long-term value or businesses looking to establish a flagship presence in a thriving suburban corridor. This property combines visibility, accessibility, and growth potential in one of Lake County’s most active retail markets.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
45,000 SF
Building Class
C
Year Built
1987
Percent Leased
69%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
6.09 AC
Zoning
C - Commercial and Auto
Parking
250 Spaces (5.56 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Perfectly situated between 2 main roads for easy access Fully-Built out Oil Changing Station with over 2,500 S/F of above and below ground usable space
- 349-357
- 13,748 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 337 B | 1,034 SF | Retail | In-Line | 30 Days |
| 349-357 | 13,748 SF | Office | - | Now |
337 B
| Size |
| 1,034 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
349-357
| Size |
| 13,748 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
337 B
| Size | 1,034 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Perfectly situated between 2 main roads for easy access Fully-Built out Oil Changing Station with over 2,500 S/F of above and below ground usable space
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $206,120 CAD | |
| Land Assessment | $987,582 CAD | Total Assessment | $1,193,702 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$987,582 CAD
Improvements Assessment
$206,120 CAD
Total Assessment
$1,193,702 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Patriots Plaza | 301-357 Townline Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
