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Downtown Mundelein Ground-Lease Pad 144 Seymour Ave 0.17 - 0.57 Acres of Commercial Land for Lease in Mundelein, IL 60060



Highlights
- Ground-lease pad in the heart of downtown Mundelein's transit-oriented redevelopment district
- Surrounded by 500+ new market-rate apartments delivered 2024–2025 (Station 250, Cardinal Square, 101 E. Maple) — more underway east of Seymour
- Located within downtown Mundelein's TIF / redevelopment area — a Village-supported commercial corridor
- Steps from the Mundelein Metra station (North Central Service); Pace routes 574 & 593
- Flexible & divisible: 7,500–25,000 SF, suited to drive-thru QSR, coffee, bank/ATM, or small retail
- Aggressive $7.50/SF/YR ground-lease rate; build-to-suit available
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.17 - 0.57 AC |
| Lease Term | 5 - 100 Years |
| Rental Rate | |
| Lease Term | 5 - 100 Years |
| Lot Size | 0.17 - 0.57 AC |
Rare ground-lease pad site in the core of downtown Mundelein, inside the Village's transit-oriented redevelopment district and steps from the Mundelein Metra station. The outparcel delivers 7,500–25,000 SF of flexible, divisible land at $7.50/SF/YR — built for a drive-thru restaurant, coffee/QSR concept, bank branch, ATM kiosk, or small-format retail. The surrounding blocks have absorbed hundreds of new market-rate apartments in the last two years — Station 250 (166 units), Cardinal Square Phase III (180 units), and the 101 E. Maple redevelopment (139 units) — with a senior building and the Flaherty & Collins multifamily/townhome project underway east of Seymour Avenue. That rooftop growth, plus daily Metra commuters on the North Central Service line and Pace bus routes 574 and 593, creates a dense, walkable, built-in customer base rarely available on a suburban pad. All utilities are already run to the site, reducing pre-development cost and timeline. Ground-lease and build-to-suit structures available. The parcel sits within downtown Mundelein's TIF/redevelopment area, where the Village has actively backed new commercial and mixed-use development.
Property Overview
Rare ground-lease pad site in the core of downtown Mundelein, inside the Village's transit-oriented redevelopment district and steps from the Mundelein Metra station. The outparcel delivers 7,500–25,000 SF of flexible, divisible land at $7.50/SF/YR — built for a drive-thru restaurant, coffee/QSR concept, bank branch, ATM kiosk, or small-format retail. The surrounding blocks have absorbed hundreds of new market-rate apartments in the last two years — Station 250 (166 units), Cardinal Square Phase III (180 units), and the 101 E. Maple redevelopment (139 units) — with a senior building and the Flaherty & Collins multifamily/townhome project underway east of Seymour Avenue. That rooftop growth, plus daily Metra commuters on the North Central Service line and Pace bus routes 574 and 593, creates a dense, walkable, built-in customer base rarely available on a suburban pad. All utilities are already run to the site, reducing pre-development cost and timeline. Ground-lease and build-to-suit structures available. The parcel sits within downtown Mundelein's TIF/redevelopment area, where the Village has actively backed new commercial and mixed-use development.
Property Facts
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Downtown Mundelein Ground-Lease Pad | 144 Seymour Ave
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