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$860,000 Just Listed
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Property Description
2 ADJACENT OFFICE BUILDINGS Two adjacent office buildings being sold together. Ample parking, great location just south of Route 176 and east of Route 45 adjacent to the US Post Office. Both buildings have monument signage. Contact broker for details on leases. 505 E Hawley: 12,600 SF 2 story professional building with vacancy. Each level is equipped with common restrooms. Solid construction. Potential for owner/user with income from leased suites. 511 E Hawley: 2,364 SF currently a 1 tenant single story building leased to Lake County Physical Therapy. These buildings can also be sold separately
Full Property Details
Full Property Details for 505 E Hawley St #505-511
General
- Price: $860,000
- Taxes: $28,500 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12555257
- Updated: 1/28/2026
- Added to Site: 3 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
- 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
- Potential Use: Office
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1979
- Tax Amount: $28,500
- Tax Year: 2024
Disclosures and Reports
- Property ID: 11301020440000
Listed by HomeSmart Connect LLC
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Schools
Schools serving 505 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 | 0.9 mi |
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 E Hawley St #505-511
Date
Details
Price
Change
Source
1/26/2026
Listed
$860,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 E Hawley St #505-511
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,677
-5%
$326,772
8%
2023
$33,412
3%
$301,394
-4%
2022
$32,487
—
$313,919
2%
2021
$32,355
1%
$307,162
2%
2020
$32,105
—
$301,998
1%
2019
$32,105
-1%
$299,126
1%
2018
$32,400
2%
$297,549
3%
2017
$31,655
-7%
$288,155
-4%
2016
$34,025
2%
$300,817
7%
2015
$33,247
-1%
$281,164
—
2014
$33,502
4%
$281,164
1%
2013
$32,168
9%
$277,391
1%
2012
$29,533
—
$274,770
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 E Hawley St #505-511
505 E Hawley Street #505-511, Mundelein, IL 60060 (MLS# 12555257) is a Office property. 505 E Hawley Street #505-511 is currently listed for $860,000 and was received on January 26, 2026. Want to learn more about 505 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.

