For Sale
$185,000

511 Hawley St Mundelein, IL 60060

Profitable Investment: 2,364 SF Office

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a 2,364 square foot single-story executive office building located at 511 E Hawley St, Mundelein, IL 60060. Built in 1954, this property sits on a 3,193 square foot lot and is zoned C5C, offering significant potential for future development or continued operation as a thriving business. Currently, the entire building is leased to Lake County Physical Therapy, providing a stable income stream for the new owner. The property boasts seven parking spaces, a significant advantage in this location. The building's single-story design offers ease of access and functionality. The address is 511 E Hawley St, Mundelein, IL, within Lake County. The property's APN is 11-30-102-061-0000. This turnkey operation presents a rare chance to acquire a well-located, income-producing asset in a desirable area. The asking price for this property is $185,000. This represents a strong return on investment given the current lease and the potential for future appreciation. Serious inquiries are encouraged.

Highlights

  • 2,364 square-foot single-story office building.
  • Currently leased to Lake County Physical Therapy.
  • One-tenant occupancy.
  • Asking price: $185,000.
  • Located at 511 E Hawley St, Mundelein, IL 60060.
  • 7 parking spaces.

Property Details for 511 Hawley St

Property type
Office properties
Square Feet
2,364 SF
Year Built
1954
Stories
1

Location Insight

City
Mundelein
County
Lake
State
Illinois
Latitude
42.2696442
Longitude
-87.9964213
511 Hawley St, Mundelein, Illinois

FAQs

What type of property is this?
Office property - Profitable Investment: 2,364 SF Office
Where is the office property located?
The property is located at 511 Hawley St Mundelein, IL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 2,364 square-foot single-story office building.; Currently leased to Lake County Physical Therapy.; One-tenant occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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511 Hawley St
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