505 and 511 E Hawley Street # 505-511 Mundelein, IL $ 699,000
505 and 511 E Hawley Street # 505-511
$ 699,000
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505 and 511 E Hawley Street # 505-511

Mundelein, IL, 60060
$ 699,000
Bedrooms-- Baths-- Sq 14,964

Monthly Estimate*

$ 4,414

505 and 511 E Hawley Street # 505-511, Mundelein, IL 60060 - Image 1

Commercial Property for sale in Mundelein, IL

for $699,000. This 14,964 square foot building was built in 1979 on a lot size of 0.86.

**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.

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Commercial Contingent

Price

$ 699,000

Property Type

Commercial

Taxes

$ 14,274

Style

Office

Lot Size

0.86

Year Built

1979

Town/City

Mundelein

County/Region

Lake

MLS | Web ID

12714198

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1979
Electric Over 600 Amps
Tenant Pays Other
Stories Count 2
Township Libertyville
Unit Number 505-511
Property Subtype Office
Tax Year 2025
Current Use Office
Gross Income 0
Additional Parcels Description 11301020610000
County Lake
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Contingency Attorney/Inspection
Possible Use Office
Status Contingent
Directions South of Route 176 and East of Route 45 on E. Hawley
City Mundelein
MLS Area Ivanhoe / Mundelein
Lot Size Square Feet 37488
Tax Annual Amount 14274.01
Additional Parcels Y/N Y
Leasable Area 14964
Standard Status Active Under Contract
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 14964
Lot Dimensions 37488
Lot Size Acres 0.86
Frontage Type City Street
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* Excluded Features
List By
Homesmart Connect, Llc.

Broker

jmahoneyteam@gmail.com

Email

Affordability Calculator

$5,603
Per Month
79%
21%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
$1,190
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$699,000 Listed Price

Map


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505 and 511 E Hawley Street # 505-511, Mundelein, IL, 60060 is a Commercial Property for sale at $699,000 with 14,964 sqft and a lot size of 0.86. 505 and 511 E Hawley Street # 505-511 was built in 1979. The property's zip code is 60060 which is in Mundelein, IL