Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the retail plaza located at 605-625 N Midlothian Road in Mundelein, Illinois (the “Property” or “Building Two”). The Property contains 9,750 square feet of gross leasable area on a 1.22-acre parcel and is configured with six (6) individual retail suites ranging from approximately 850 to 2,400 square feet. The Property is currently 18.46% leased to Tamales Diana, a local restaurant, with five (5) suites vacant. The flexible suite sizes provide significant lease-up and value-add potential.
The Property is strategically positioned at the signalized intersection of N Midlothian Road and W Maple Avenue (IL Route 176) within an established retail corridor. The surrounding area features a strong mix of retail, restaurants, medical services, and other neighborhood-oriented businesses, with the Property directly across from Mundelein High School and near established residential neighborhoods. The Property also benefits from convenient access to major commercial areas throughout Mundelein and neighboring communities, including Libertyville and Vernon Hills.
Mundelein is a vibrant suburban village located in Lake County, approximately 40 miles northwest of downtown Chicago.