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431 N Lake Street Mundelein, IL 60060
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Key Details
Sold Price $220,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $55
MLS Listing ID 11463862
Sold Date 01/23/23
Year Built 1950
Annual Tax Amount $10,476
Tax Year 2021
Lot Dimensions 50X150
Property Description
Opportunity Knocks! This 2-unit (431 & 433) retail building with stone front is 4,000 sf (2000 sf each unit) with nearly 20,000 cars passing by each day! Be in the heart of this wonderful shopping district with all its activities. Exciting things happening --- This property qualifies for either one of two Mundelein grant programs allowing you to upgrade this property and receive up to 60% or $50,000 of the costs to do your improvements. Also, the Village is doing a remake of the rear of the buildings on this block including underground utilities and repaving the alley way to enhance the exposure and parking.
Location
State IL
County Lake
Zoning COMMR
Interior
Cooling Central Air
Flooring Concrete
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Structure Type Concrete, Stone
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Bought with Daiva Salkauskiene • DMA Northwest Realty, Inc
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