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$495,000
New Listing

324 N Lake Street
Mundelein, IL 60060

For Sale|Retail|Active
0
Beds
0
Total Baths
5,555
SqFt
$89
/SqFt
1967
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX SAWA
Call Now: 847.967.0022
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847.967.0022
324 N Lake Street324 N Lake Street324 N Lake Street324 N Lake Street
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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.

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Listing Snapshot
Price 
$495,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,555 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1967
MLS® Number 
12353142
Status 
Active
Property Tax 
$9,825.84
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
7 hours agoListing first seen on site
General Features
Additional Property Use 
AutomotiveMedical/Dental
Number Of Stories 
1
Property Sub Type 
Retail
SqFt Total 
5555
Zoning 
COMMR
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Community Features
MLS Area 
Ivanhoe / Mundelein
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX SAWA



Based on information submitted to the MLS GRID as of 2026-04-12 06:55 AM UTC. 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 checked: 2026-04-12 06:55 AM UTC
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Neighborhood & Commute
Source: Walkscore
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