O'Neil Property Group

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$495,000
210 Days On Site

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
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
PriceΒ 
$495,000
Days On SiteΒ 
210 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
5,555 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1967
MLS NumberΒ 
12353142
StatusΒ 
Active
Property TaxΒ 
$9,825.84
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
6 months agoListing updated with changes from the MLS
7 months agoStatus changed to Active
7 months agoListing first seen on site
General Features
Additional Property UseΒ 
AutomotiveMedical/Dental
Property Sub TypeΒ 
Retail
SqFt TotalΒ 
5555
ZoningΒ 
COMMR
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Community Features
MLS AreaΒ 
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 2026-11-08 02:33 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: 2026-11-08 02:33 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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