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$690,000

  • Sold
  • Closed
  • Commercial
  • 26,595 Sq. Ft.
See This Home
Save This Home
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Brick 2-story office building with over 16,000 sf of space. Corner lot on major roadways with curb cuts to Route 45 and 176. First floor offers 3 office suites, public restrooms, and kitchen area. Second floor has 7 office suites and public restrooms. All units are rented out. Building also has a lower level that offers a community room and 2 potential office suites, plus public restrooms and storage room. Newer roof. Newer windows. Brand new carpeting in hallways and stairs. The parking lot repaved in 2019.

Full Property Details for 700 N Lake St

General

  • Sold For: $690,000
  • Taxes: $26,106 (2024)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12155014
  • Added to Site: 499 day(s) ago

Interior

  • Interior Features: Common Meeting Room(s), Inside Corridor(s), Public Restroom(s), Storage Inside, Basement
  • Flooring: Carpet, Tile, Varies

Additional Information

  • Security/Safety: Alarm Monitored, Fire Extinguisher(s), Partially Sprinklered, Smoke or Fire Protectors

Location

  • Area: Ivanhoe / Mundelein
  • County: Lake
  • Driving Directions: NW corner of Route 45 (Lake) and Route 176 (Maple Ave)
  • Location Details: North Suburban, Corner

Heating & Cooling

  • Cooling Type: Central Individual
  • Heating Type: Forced Air, Gas

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Roof: Membrane
  • Sub-Flooring: Carpet, Tile, Varies
  • Stories/Levels: 2
  • Square Feet: 26,595
  • Current Bldg. Use: Commercial
  • # of Stores: 2
  • Year Built: 1979

Lot Features

  • Lot Size (Sq. Ft.): 77,242
  • Lot Dimensions: 165.94 x 213.28 x 217 x 192.86
  • Zoning: COMMR

Financial Considerations

  • Security Deposit: Alarm Monitored, Fire Extinguisher/s, Partially Sprinklered, Smoke or Fire Protectors
  • Assessment Year: 1979
  • Tax Amount: $26,106.76
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Repairs, Scavenger, Sewer

Disclosures and Reports

  • Property ID: 10244050690000

Listed by Century 21 Circle
Sold by Century 21 Circle

Listing agent

— 700 N Lake St —

  • Century 21 Circle

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Schools serving 700 N Lake St

School Districts:Mundelein Elementary School District 75, Mundelein Consolidated High School District 120
NameGradesDistance
Mechanics Grove Elementary School
1200 North Midlothian Road, Mundelein, IL 60060
3-51 mi
Washington Elementary School, Mundelein, IL
122 South Garfield Avenue, Mundelein, IL 60060
K-21 mi
Carl Sandburg Middle School, Mundelein, IL
855 West Hawley Street, Mundelein, IL 60060
6-80.7 mi
Mundelein Cons High School
1350 West Hawley Street, Mundelein, IL 60060
9-120.9 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 700 N Lake St

Date
Details
Price
Change
Source
8/19/2025
Sold
$690,000
0.15%
MLS
6/20/2025
Price Reduced
$689,000
-11.66%
MLS
1/23/2025
Price Reduced
$779,900
-2.5%
MLS
9/04/2024
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Century 21 Circle
Sold by Century 21 Circle

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700 N Lake Street, Mundelein, IL 60060 (MLS# 12155014) is a Commercial property that was sold at $690,000 on August 19, 2025. Want to learn more about 700 N Lake Street? 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.