608-632 E Hawley St
Mundelein, IL 60060
Neighborhood Commercial Center · Retail Property For Sale

VALUE-ADD INVESTMENT OPPORTUNITY • 10% Cap Rate • Ideal 1031 Exchange • Approximately 29,460 +/- square foot property • 1.65 acres or 72,090 square foot site • 10 units range approximately from 1,550 +/- to 5,670 +/- square feet • Great mix of long-term, service-oriented tenants including tap room, frame shop, medical supplies, insurance broker and butcher shop • Low rents • C-1 Commercial District Zoning allows for variety of uses • 932 total feet of frontage on two corners • Parking for 83 vehicles 608 – 632 Hawley Street is a single story, multi-tenant commercial center located in Mundelein, Illinois. The building offers approximately 29,460 square feet of space and is currently divided into 10 units that vary in size from approximately 1,550 to approximately 5,670 square feet. The building is currently 90% occupied by a great mix of long-term, tenants the majority of which are service-oriented. These include a tap room, frame shop, medical supplies, glass repair/installation, insurance broker and butcher shop, among others. The property is currently leased at below market rents. Situated on an irregularly shaped land site on the corners of Hawley Street, Prospect Avenue and Norton Avenue, the land site is approximately 72,090 square feet or 1.65 acres. Zoning is C-1 Commercial District which allows a variety of uses including commercial, institutional and residential. Parking for 83 vehicles is available on the south and east ends of the lot. The property offers 524 square feet of frontage on Hawley Street, 288 square feet of frontage on Prospect Avenue and 120 square feet along Norton Avenue. 608 – 632 Hawley Street is within a mixed-use area on a commercial strip anchored by newer housing developments. Located one block from Route 176 (E. Maple Avenue, 10,450 VPD) and 4 blocks from Route 45 (N. Lake St. 22,500 VPD). This location is very convenient to The Village Center (.06 miles) with Village Hall and the Metra Station. The property is an easy walk to multiple shopping, dining options and coffee shops. PLEASE DO NOT DISTURB THE CLIENTS.