For Lease
$22/SF/YR

119 Gilmer Rd Mundelein, IL 60047

Prime Mundelein Retail Space, 5,525 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
133
Cherry Hill Plaza, located at 119 W Gilmer Rd in Hawthorn Woods, IL 60047, presents a unique retail investment opportunity. This 5,525 square foot shopping center, built in 1998, offers two available suites totaling the entire building's square footage. The property is zoned PUD Vill Hawthorn Woods within Lake County and boasts ample parking with 50+ open spaces. Individual suites range from a minimum of 1,125 square feet to a maximum contiguous space of 4,400 square feet, providing flexibility for various retail or restaurant concepts. The property features robust electrical service with 600 amp plus 200 amp multi-panels. One suite is a fully built-out, second-generation restaurant space. This space includes a front dining room with high ceilings, a private banquet or meeting room, full men's and women's restrooms, a built-in brick stone oven, a cooler/warming stand, dual walk-in refrigerators/freezers, an existing full exhaust hood, and the potential for outside seating. The location benefits from an average income of $200,000 within a one-mile radius, indicating strong consumer spending power. This property is ideal for businesses seeking a well-established location with significant existing infrastructure. The entire building is currently vacant, presenting a blank canvas for a new tenant or a chance to lease out individual spaces.

Highlights

  • 4,400 SF end-cap restaurant space.
  • Features a front dining area (approx. 55 seats), private banquet room (approx. 50 seats) with bar, and outdoor seating (approx. 30 seats).
  • Includes a full kitchen with multiple sinks, two walk-in refrigerators, ample storage, existing hood system, brick stone oven, and combo broiler.
  • Existing furniture, including tables, chairs, and booths, is included.
  • Excellent location near Hawthorn Woods Golf Club and affluent communities (Lake Zurich, Wauconda, Mundelein, Vernon Hills, Barrington).
  • High-traffic area with homes priced from $500,000+, situated at a signalized intersection (Gilmer & Midlothian) with approximately 20,000 vehicles daily.

Property Details for 119 Gilmer Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,525 SF
Year Built
1998

Unit(s) available at that property

Space
Available space
Size
1,450 SF
Rate per SF
$22
Space
Available space
Size
4,400 SF
Rate per SF
$22

Location Insight

City
Mundelein
County
Lake
State
Illinois
Latitude
42.2563248
Longitude
-88.0625005

FAQs

What type of property is this?
Retail property - Prime Mundelein Retail Space, 5,525 SF Available
Where is the retail property located?
The property is located at 119 Gilmer Rd Mundelein, IL.
What is the lease rate?
The lease rate is $22/SF/YR.
What are key features of this property?
This property features: 4,400 SF end-cap restaurant space.; Features a front dining area (approx. 55 seats), private banquet room (approx. 50 seats) with bar, and outdoor seating (approx. 30 seats).; Includes a full kitchen with multiple sinks, two walk-in refrigerators, ample storage, existing hood system, brick stone oven, and combo broiler.
How can I contact the broker?
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119 Gilmer Rd
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