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23k SF Building Near Metra | TOD District Seymour Ave 13,500 - 23,000 SF of Retail Space Available in Mundelein, IL 60060



Highlights
- 90+ Parking spaces
- Great Building
- No Columns
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,500-23,000 SF | 5-30 Years | $9.50 /SF/YR $0.79 /SF/MO $218,500 /YR $18,208 /MO | Triple Net (NNN) |
1st Floor
18,000 SF COLUMN-FREE BUILDING - 138' x 98' CLEAR SPAN - DOWNTOWN MUNDELEIN TOD DISTRICT 18,000 SF freestanding building with a fully column-free main room, in downtown Mundelein's transit-oriented redevelopment district, steps from the Metra station on the North Central Service line. Purpose-built for public assembly and operating as a roller rink today. THE ROOM Main activity room measures 138 feet by 98 feet - approximately 13,500 SF with no interrupting columns. A clear span of that size is effectively impossible to build new at this rent and nearly impossible to find in a downtown setting. Whatever the concept, the floor plate does not fight it. Second room of 80 feet by 48 feet, approximately 4,000 SF, currently used for back-of-house, storage and staging. Works as a secondary court, studio, workshop, prep kitchen, retail area or private event room. ALREADY BUILT FOR PUBLIC ASSEMBLY Existing improvements include a full concessions counter with service line and prep area, public restrooms sized for assembly occupancy, party and group seating areas, dedicated storage and equipment rooms, a front entry with lobby and admissions area, and existing signage on the Seymour Avenue elevation. For a swim school, fitness, childcare or entertainment operator, that infrastructure is the difference between opening in three months and opening in eighteen. BUILT FOR A SWIM SCHOOL A column-free 138 x 98 floor plate is exactly what a swim school needs and almost never finds. Pools and decks cannot be built around structural columns, and 13,500 SF of uninterrupted slab accommodates multiple teaching pools, deck, viewing gallery, locker rooms and lobby without compromise. Ceiling height is not a constraint for aquatic use. Add 741 new residential units arriving within walking distance and this is a swim school site in a market that does not have one. The same clear span works for national fitness, grocery, discount retail, medical, childcare and education users - anything that needs an open floor plate and does not need height. TERMS $9.50/SF/YR NNN with 3% annual escalation. Five to ten year terms. 18,000 SF, or the 13,500 SF main room separately. Available on notice - current occupancy is year-to-year. OWNERSHIP MANAGES THE ENTITLEMENT Commercial uses at this location are established through the Village of Mundelein special use process. Ownership prepares and files the application and manages it through Village review on the tenant's behalf, at no cost to the tenant. Approval is at the Village's discretion in every case. The block already operates a wide mix of uses - roller rink, tattoo studio, barbershop, pet groomer, fraternal hall, indoor classic car dealership and shoe store. 741 RESIDENTIAL UNITS DELIVERED OR UNDER CONSTRUCTION WITHIN BLOCKS Flaherty & Collins - 225 apartments and 17 townhomes, under construction. Cardinal Square D-1 & D-2 - 180 apartments, complete. Station 250 - 165 apartments, complete. Morris Station - 108 rental townhomes, completed 2024 and fully rented. Mundelein Senior Apartments - 46 units, nearing completion. Swim schools, fitness, childcare and retail all underwrite on rooftops. This building has 741 new units arriving around it, plus daily Metra ridership. THE VILLAGE IS BUILDING THIS DOWNTOWN ON PURPOSE Courtland Commons sits directly behind the property - a stormwater basin with pollinator garden, public art, walking trails and a large public event space. A new pedestrian overpass crosses the Metra corridor. The Park Street area closes in summer for outdoor dining. A new Starbucks has opened in the corridor. Tighthead Brewing Company anchors the Archer Business Center a block north. The property sits inside Mundelein's Downtown TIF District (TIF II), established 2016 and running through 2039. The Village has publicly stated it is seeking development partnerships in this district and is open to assisting with eligible project costs. Contact the Village of Mundelein Department of Community Development regarding incentive eligibility. LOCATION 139-145 N Seymour Avenue, Mundelein, Lake County. Steps from the Mundelein Metra station on the North Central Service line with direct service to Chicago Union Station and O'Hare Transfer. Near Route 45 (Lake Street) and Route 176, with approximately 21,100 vehicles per day on Route 45 through downtown. Village Hall, the police station, post office and Kracklauer Park are within blocks. Draws from Mundelein, Libertyville, Vernon Hills, Grayslake, Round Lake, Hawthorn Woods, Long Grove and Wauconda. IDEAL FOR Swim school, swimming lessons, aquatic center, indoor pool, learn to swim, swim academy, gymnastics, cheer gym, tumbling, dance studio, dance academy, martial arts, karate, taekwondo, boxing gym, MMA gym, CrossFit, fitness center, gym, health club, spin studio, yoga studio, pilates, barre, personal training, group fitness, physical therapy, rehabilitation, sports medicine, golf simulator, indoor golf, esports, arcade, family entertainment center, roller rink, skating rink, event venue, banquet facility, wedding venue, food hall, brewery, brewpub, taproom, restaurant, theater, art studio, maker space, photography studio, grocery store, supermarket, discount retail, dollar store, department store, furniture showroom, flooring showroom, mattress store, home goods, sporting goods, pet supply, retail store, national retail, medical clinic, urgent care, dialysis center, imaging center, dental office, veterinary clinic, animal hospital, pet daycare, wellness center, day care center, preschool, childcare, early learning center, montessori, charter school, private school, tutoring center, church, place of worship, community center, self storage, office, showroom, classic car showroom, motor vehicle dealership. PROPERTY FACTS 139-145 N Seymour Avenue, Mundelein, IL 60060. 18,000 SF available. Main room 138' x 98' (approx. 13,500 SF), column-free. Second room 80' x 48' (approx. 4,000 SF). Concessions, public restrooms, party rooms and storage in place. 23,483 SF total building on 1.766 AC. Built 1965. Zoned C-5-R, Village of Mundelein. Located within Downtown TIF District II. Adjacent to Metra North Central Service line. ZONING Zoned C-5-R under the Village of Mundelein Zoning Code, Chapter 20.36, Table 20.36-1. Commercial uses at this location are established through the Village special use process, which ownership files and manages on the tenant's behalf. Planned Unit Development is available as a special use in this district under Chapter 20.20. Prospective tenants should confirm their specific use with the Village of Mundelein Department of Community Development. Broker makes no representation as to approvability of any use. Contact Jason Bitton - RE/MAX Commercial - 847-858-2909 - Jason@JasonCRE.com
- Lease rate does not include utilities, property expenses or building services
- 23,483 SF building
- 1.8 acre site
- Open span interior (no columns)
- ~12’ ceilings
- Excellent parking
- Large footprint rarely available downtown
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 23,000 SF | Gross Leasable Area | 37,850 SF |
| Min. Divisible | 13,500 SF | Year Built | 1965 |
| Property Type | Retail | Parking Ratio | 2.38/1,000 SF |
| Property Subtype | Department Store |
| Total Space Available | 23,000 SF |
| Min. Divisible | 13,500 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 37,850 SF |
| Year Built | 1965 |
| Parking Ratio | 2.38/1,000 SF |
About the Property
18,000 SF COLUMN-FREE BUILDING - 138' x 98' CLEAR SPAN - DOWNTOWN MUNDELEIN TOD DISTRICT 18,000 SF freestanding building with a fully column-free main room, in downtown Mundelein's transit-oriented redevelopment district, steps from the Metra station on the North Central Service line. Purpose-built for public assembly and operating as a roller rink today. THE ROOM Main activity room measures 138 feet by 98 feet - approximately 13,500 SF with no interrupting columns. A clear span of that size is effectively impossible to build new at this rent and nearly impossible to find in a downtown setting. Whatever the concept, the floor plate does not fight it. Second room of 80 feet by 48 feet, approximately 4,000 SF, currently used for back-of-house, storage and staging. Works as a secondary court, studio, workshop, prep kitchen, retail area or private event room. ALREADY BUILT FOR PUBLIC ASSEMBLY Existing improvements include a full concessions counter with service line and prep area, public restrooms sized for assembly occupancy, party and group seating areas, dedicated storage and equipment rooms, a front entry with lobby and admissions area, and existing signage on the Seymour Avenue elevation. For a swim school, fitness, childcare or entertainment operator, that infrastructure is the difference between opening in three months and opening in eighteen. BUILT FOR A SWIM SCHOOL A column-free 138 x 98 floor plate is exactly what a swim school needs and almost never finds. Pools and decks cannot be built around structural columns, and 13,500 SF of uninterrupted slab accommodates multiple teaching pools, deck, viewing gallery, locker rooms and lobby without compromise. Ceiling height is not a constraint for aquatic use. Add 741 new residential units arriving within walking distance and this is a swim school site in a market that does not have one. The same clear span works for national fitness, grocery, discount retail, medical, childcare and education users - anything that needs an open floor plate and does not need height. TERMS $9.50/SF/YR NNN with 3% annual escalation. Five to ten year terms. 18,000 SF, or the 13,500 SF main room separately. Available on notice - current occupancy is year-to-year. OWNERSHIP MANAGES THE ENTITLEMENT Commercial uses at this location are established through the Village of Mundelein special use process. Ownership prepares and files the application and manages it through Village review on the tenant's behalf, at no cost to the tenant. Approval is at the Village's discretion in every case. The block already operates a wide mix of uses - roller rink, tattoo studio, barbershop, pet groomer, fraternal hall, indoor classic car dealership and shoe store. 741 RESIDENTIAL UNITS DELIVERED OR UNDER CONSTRUCTION WITHIN BLOCKS Flaherty & Collins - 225 apartments and 17 townhomes, under construction. Cardinal Square D-1 & D-2 - 180 apartments, complete. Station 250 - 165 apartments, complete. Morris Station - 108 rental townhomes, completed 2024 and fully rented. Mundelein Senior Apartments - 46 units, nearing completion. Swim schools, fitness, childcare and retail all underwrite on rooftops. This building has 741 new units arriving around it, plus daily Metra ridership. THE VILLAGE IS BUILDING THIS DOWNTOWN ON PURPOSE Courtland Commons sits directly behind the property - a stormwater basin with pollinator garden, public art, walking trails and a large public event space. A new pedestrian overpass crosses the Metra corridor. The Park Street area closes in summer for outdoor dining. A new Starbucks has opened in the corridor. Tighthead Brewing Company anchors the Archer Business Center a block north. The property sits inside Mundelein's Downtown TIF District (TIF II), established 2016 and running through 2039. The Village has publicly stated it is seeking development partnerships in this district and is open to assisting with eligible project costs. Contact the Village of Mundelein Department of Community Development regarding incentive eligibility. LOCATION 139-145 N Seymour Avenue, Mundelein, Lake County. Steps from the Mundelein Metra station on the North Central Service line with direct service to Chicago Union Station and O'Hare Transfer. Near Route 45 (Lake Street) and Route 176, with approximately 21,100 vehicles per day on Route 45 through downtown. Village Hall, the police station, post office and Kracklauer Park are within blocks. Draws from Mundelein, Libertyville, Vernon Hills, Grayslake, Round Lake, Hawthorn Woods, Long Grove and Wauconda. IDEAL FOR Swim school, swimming lessons, aquatic center, indoor pool, learn to swim, swim academy, gymnastics, cheer gym, tumbling, dance studio, dance academy, martial arts, karate, taekwondo, boxing gym, MMA gym, CrossFit, fitness center, gym, health club, spin studio, yoga studio, pilates, barre, personal training, group fitness, physical therapy, rehabilitation, sports medicine, golf simulator, indoor golf, esports, arcade, family entertainment center, roller rink, skating rink, event venue, banquet facility, wedding venue, food hall, brewery, brewpub, taproom, restaurant, theater, art studio, maker space, photography studio, grocery store, supermarket, discount retail, dollar store, department store, furniture showroom, flooring showroom, mattress store, home goods, sporting goods, pet supply, retail store, national retail, medical clinic, urgent care, dialysis center, imaging center, dental office, veterinary clinic, animal hospital, pet daycare, wellness center, day care center, preschool, childcare, early learning center, montessori, charter school, private school, tutoring center, church, place of worship, community center, self storage, office, showroom, classic car showroom, motor vehicle dealership. PROPERTY FACTS 139-145 N Seymour Avenue, Mundelein, IL 60060. 18,000 SF available. Main room 138' x 98' (approx. 13,500 SF), column-free. Second room 80' x 48' (approx. 4,000 SF). Concessions, public restrooms, party rooms and storage in place. 23,483 SF total building on 1.766 AC. Built 1965. Zoned C-5-R, Village of Mundelein. Located within Downtown TIF District II. Adjacent to Metra North Central Service line. ZONING Zoned C-5-R under the Village of Mundelein Zoning Code, Chapter 20.36, Table 20.36-1. Commercial uses at this location are established through the Village special use process, which ownership files and manages on the tenant's behalf. Planned Unit Development is available as a special use in this district under Chapter 20.20. Prospective tenants should confirm their specific use with the Village of Mundelein Department of Community Development. Broker makes no representation as to approvability of any use. Contact Jason Bitton - RE/MAX Commercial - 847-858-2909 - Jason@JasonCRE.com
- Signage
- Air Conditioning
Contact the Leasing Agent
23k SF Building Near Metra | TOD District | Seymour Ave



