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535-541 N Lake St 800 SF of Office/Retail Space Available in Mundelein, IL 60060
Highlights
- Single-story commercial office available for immediate occupancy.
- Convenient off-street parking plus one additional rear space.
- Easy access to Route 176 and Route 45 for regional connectivity.
- Private entrance and private restroom included for enhanced privacy.
- Located near downtown Mundelein’s retail and dining amenities.
- Includes HVAC and 100-amp power service for operational efficiency.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 800 SF | 1-5 Years | $30.79 CAD/SF/YR $2.57 CAD/SF/MO $24,629 CAD/YR $2,052 CAD/MO | TBD |
1st Floor
Excellent office, medical, or retail space featuring a private entrance and private washroom. Conveniently located within walking distance of downtown Mundelein’s shops and restaurants, this property also offers ample off-street parking in front, plus one additional parking space in back. Enjoy low utility costs and a highly accessible location surrounded by other established commercial businesses.
- Fully Built-Out as Professional Services Office
- Fits 2 - 7 People
- Partitioned Offices
- Central Air Conditioning
- Reception Area
- Private Restrooms
- Located in-line with other retail
- Excellent office, medical, or retail space
- Private entrance
- Private washroom
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.
Select Tenants at 535-541 N Lake St, Mundelein, IL 60060
- Tenant
- Description
- US Locations
- Reach
- A Safe Place
- Health Care and Social Assistance
- 1
- -
- Loretta's
- Retailer
- 1
- -
- Most Faded Barbershop
- Services
- 1
- -
- Seyda Calderwood: Allstate Insurance
- Insurance
- 1
- -
| Tenant | Description | US Locations | Reach |
| A Safe Place | Health Care and Social Assistance | 1 | - |
| Loretta's | Retailer | 1 | - |
| Most Faded Barbershop | Services | 1 | - |
| Seyda Calderwood: Allstate Insurance | Insurance | 1 | - |
Property Facts
| Total Space Available | 800 SF | Total Land Area | 0.18 AC |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1/1,000 SF |
| Gross Leasable Area | 15,000 SF |
| Total Space Available | 800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 15,000 SF |
| Total Land Area | 0.18 AC |
| Year Built | 1965 |
| Parking Ratio | 1/1,000 SF |
About the Property
Located at 535 N. Lake Street in Mundelein, this 800-square-foot commercial office space is a well-positioned opportunity for professional, medical, or retail users. The space offers a private entrance and a private washroom, creating a self-contained environment for tenants. Its brick masonry construction exudes stability and durability, complemented by an off-street parking arrangement that ensures convenience for occupants and visitors. This property is situated within walking distance of downtown Mundelein’s vibrant selection of shops and restaurants, adding to the appeal for business operations and client access. Its proximity to major thoroughfares, including Route 45 and Route 176, offers excellent connectivity, while the nearby business district provides a strong commercial presence around the site. With a ceiling height of 8 feet, 100-amp electrical service, and HVAC in place, this space delivers practical infrastructure to meet diverse business needs.
- Pylon Sign
- Signage
Nearby Major Retailers
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535-541 N Lake St
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