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$280,000
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Property Description
Commercial Property Being Offered In Downtown Mundelein~This Is A Double Storefront (516 & 518 N Seymour Ave)~Great Location And Walking Distance To All That The Downtown Mundelein Area Has To Offer~Property Being Sold 'As Is'.
Full Property Details
Full Property Details for 516 N Seymour Ave
General
- Price: $280,000
- Taxes: $15,173 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12269951
- Updated: 10/13/2025
- Added to Site: 368 day(s) ago
Interior
- Interior Features: Private Restroom(s), Storage Inside
- Flooring: Concrete
Location
- Area: Ivanhoe / Mundelein
- County: Lake
- Township: Libertyville
- Driving Directions: Take Rte 176 & Rte 45 to Seymour S to address
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Hot Water
Utilities
- Water: Municipal Water
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Foundation: Concrete Perimeter
- Roof: Membrane
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Square Feet: 6,010
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 7,796
- Lot Dimensions: .18
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $15,173.94
- Tax Year: 2023
Disclosures and Reports
- Property ID: 11193150260000
Listed by HomeSmart Connect LLC
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Schools
Schools serving 516 N Seymour Ave
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 | 1.2 mi |
Carl Sandburg Middle School, Mundelein, IL 855 West Hawley Street, Mundelein, IL 60060 | 6-8 | 0.7 mi |
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060 | 9-12 | 1 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 516 N Seymour Ave
Date
Details
Price
Change
Source
4/18/2025
Price Reduced
$280,000
-6.67%
MLS
1/15/2025
Listed
$300,000
—
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 516 N Seymour Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,366
3%
$106,930
8%
2023
$10,090
3%
$98,625
4%
2022
$9,810
—
$94,795
2%
2021
$9,770
1%
$92,754
2%
2020
$9,695
—
$91,195
1%
2019
$9,695
-1%
$90,328
1%
2018
$9,784
2%
$89,852
3%
2017
$9,631
-1%
$87,015
2%
2016
$9,688
2%
$85,647
7%
2015
$9,466
-1%
$80,052
—
2014
$9,539
4%
$80,052
1%
2013
$9,159
9%
$78,978
1%
2012
$8,408
—
$78,231
—
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 516 N Seymour Ave
516 N Seymour Avenue, Mundelein, IL 60060 (MLS# 12269951) is a Commercial property. 516 N Seymour Avenue is currently listed for $280,000 and was received on January 15, 2025. Want to learn more about 516 N Seymour Avenue? Do you have questions about finding other Commercial real estate for sale in Mundelein? You can browse all Mundelein real estate or contact a Coldwell Banker agent to request more information.

