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425 Townline Road Mundelein, IL 60060 • Commercial - Retail • New

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  • 425 Townline Road, Mundelein, IL 60060 Main Photo

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Description

Freestanding 13,609 SF showroom and warehouse building on 0.97 acres along the Route 60 (Townline Road) corridor in Mundelein. Offered for lease at $11.00/SF/YR NNN or for sale at $2,200,000. Available December 1, 2026. A 14' clear showroom (69' x 64'-76') with storefront windows on Townline Road opens to a 50' x 85' warehouse at 12'3 clear. The rear warehouse (63' x 32') has 18' clear height and a 25' W x 15' H drive-in door. Interior 10' and 17' drive-in doors are in a 22' x 19' drive-in room. Split-level offices: two private offices and a bathroom up half a level; a breakroom/kitchenette, an office and a bathroom down half a level. Men's and women's restrooms. Lower level: 68' x 88' (about 6,000 SF), 8'8 clear, included in the lease as storage. Built in 1979. Fully sprinklered. 75 parking spaces and a pylon sign on Townline Road. Lease: $12,475 per month base rent on 13,609 SF; NNN estimated at $3.00 to $3.50/SF/YR; terms of five years or longer preferred. Sale: $161.66/SF on the main floor; two parcels. Zoned C-2 General Commercial (Village of Mundelein): retail, office, medical/dental clinic, health and fitness center, sports training, indoor amusement, restaurant and personal services are listed as permitted uses; buyer or tenant to verify use with the Village. Townline Road carries about 29,100 vehicles a day (IDOT 2025). Inside Mundelein's Tax Increment Finance Area 4. All dimensions approximate; buyer or tenant to verify.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1979

General Information

County: Lake
Listed By:
RE/MAX Suburban 847-367-8686
MRED MLS
$2,200,000
Est. $15,860/mo
New to the Market New
SQUARE FEET13,609 MLS#12791513
STATUSNew PROPERTY TYPECommercial - Retail

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425 Townline Road, Mundelein, IL 60060.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,200,000$2,200,000$2,200,000
Down Payment $77,000$0$440,000
Monthly Mortgage Amount $14,191$15,140$12,156
Taxes $3062$3062$3062
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,321$0$0
Monthly Estimated Total $19,216$18,844$15,860

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