741 S Midlothian Road Mundelein, IL ^$ 5,200,000

741 S Midlothian Road

^$ 5,200,000

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Recently Listed

741 S Midlothian Road

Mundelein, IL, 60060

^$ 5,200,000

Bedrooms-- Baths-- Sq 9,594

Monthly Estimate*

^$ 32,017

741 S Midlothian Road, Mundelein, IL 60060 - Image 1

Commercial Property for sale in Mundelein, IL

for $5,200,000. This 9,594 square foot building was built on a lot size of 0.989991.

High-visibility investment opportunity on busy Midlothian Road! This property is home to a well-trafficked car wash with strong daily vehicle counts and consistent customer flow. Positioned in a prime Mundelein corridor, the site benefits from excellent frontage, easy ingress/egress, and steady exposure to passing traffic. Surrounded by established residential neighborhoods and nearby retail, the location supports repeat business and long-term growth potential. Ideal for investors seeking cash flow, value-add potential, or redevelopment upside in a strong Lake County market. Don't miss this chance to own a busy car wash in a high-demand area. Contact us for additional details.

Commercial Active

Price

^$ 5,200,000

Property Type

Commercial

Taxes

^$ 39,686

Style

Auto Service

Lot Size

0.989991

Town/City

Mundelein

County/Region

Lake

MLS | Web ID

12573519

Features

General

Cooling Central Air

Possession Closing

Electric Service - 201 to 600 Amps

Stories Count 2

Tax Year 2024

Business Type Auto Service

County Lake

Operating Expense 2025

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions North Midlothian Road State Hwy60 NE

City Mundelein

MLS Area Confidential Commercial Listings

Lot Size Square Feet 43124

Tax Annual Amount 39686

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 9594

Lot Dimensions COMMON

* Excluded Features

List By

@Properties Commercial

Broker

pmessina@atproperties.com

Affordability Calculator

$35,324

Per Month

Monthly Principal & Interest: $32,017
Monthly Property Taxes: $3,307
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mundelein, IL

Average List Price ^$1,323,000

Percent of Sale Price 75%

About Mundelein, IL

31,473 Population

3% Since 2002

^$78,973 Median Income

38 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2026	$5,200,000		Listed Price

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741 S Midlothian Road, Mundelein, IL, 60060 is a Commercial Property for sale at $5,200,000 with 9,594 sqft and a lot size of 0.989991. The property's zip code is 60060 which is in Mundelein, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 3/7/2026.

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741 S Midlothian Road

Commercial Property for sale in Mundelein, IL

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