This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$550,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
**Investment Opportunity - Two Adjacent Office Buildings** Two adjacent office buildings offered together in a prime commercial location just south of Route 176 and east of Route 45, adjacent to the U.S. Post Office. This highly visible property benefits from an estimated 8,500 to 12,000 vehicles passing daily, providing excellent exposure for businesses. Both buildings feature monument signage, ample on-site parking, and strong accessibility. **505 E. Hawley Street** A well-maintained **12,600 SF**, two-story professional office building with available space for an owner-user or additional tenants. Each floor is equipped with common restrooms, and the property's solid construction offers long-term value. Generate income from existing leased suites while occupying available space. **511 E. Hawley Street** A **2,364 SF**, single-story office building fully leased to **Lake County Physical Therapy**, providing stable rental income. Contact the broker for lease information, financial details, and additional property information.
Full Property Details
Full Property Details for 505 and 511 E Hawley St #505-511
General
- Sold For: $550,000
- Taxes: $14,274 (2025)
- Status: Closed
- Type: Office
- Source: MRED
- MLS ID: 12714198
- Added to Site: 57 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Ivanhoe / Mundelein
- County: Lake
- Driving Directions: South of Route 176 and East of Route 45 on E. Hawley
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 14,964
- Current Bldg. Use: Office
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.86
- Lot Size (Sq. Ft.): 37,488
- Lot Dimensions: 37488
- Frontage: City Street
- Potential Use: Office
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1979
- Tax Amount: $14,274.01
- Tax Year: 2025
Disclosures and Reports
- Property ID: 11301020440000
Listed by HomeSmart Connect, LLC.
Sold by Real People Realty
Get Pre-Approved Today
Schools
Schools serving 505 and 511 E Hawley St #505-511
School Districts:Mundelein Elementary School District 75, Mundelein Consolidated High School District 120
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Mundelein, IL 122 South Garfield Avenue, Mundelein, IL 60060 | K-2 | 0.8 mi |
Mechanics Grove Elementary School 1200 North Midlothian Road, Mundelein, IL 60060 | 3-5 | 1.5 mi |
Carl Sandburg Middle School, Mundelein, IL 855 West Hawley Street, Mundelein, IL 60060 | 6-8 | 1 mi |
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 and 511 E Hawley St #505-511
Date
Details
Price
Change
Source
9/01/2026
Sold
$550,000
-21.32%
MLS
7/25/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 and 511 E Hawley Street #505-511, Mundelein, IL 60060 (MLS# 12714198) is a Office property that was sold at $550,000 on September 01, 2026. Want to learn more about 505 and 511 E Hawley Street #505-511? Do you have questions about finding other Office real estate for sale in Mundelein? You can browse all Mundelein real estate or contact a Coldwell Banker agent to request more information.

