IL
Lake
Mundelein
60060
324 N Lake Street
324 N Lake Street, Mundelein, IL 60060
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Listing Type
Commercial/Industrial
Listing Status
Active
11
$495,000

Home Details for 324 N Lake Street

Price
$495,000
Type
Commercial Sale
Year built
1967
County
Lake
MLS Listing#
12353142
Property 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 Features
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Listing Courtesy: RE/MAX SAWA - 877-312-7292
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-12 03:01:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-12 03:01:07
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
Office
773 250 7410
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