324 N Lake Street — Mundelein, IL 60060
Active
Mundelein, IL 60060

324 N Lake Street

$495,000
0 beds · 0 baths
Listed at $495,000 17 days on market $9,826/yr taxes
01About this home

Excellent opportunity to own a standalone commercial property in a high-visibility, high-traffic location on North Lake Street in the heart of Mundelein. This versatile property features two lots (front and rear), offering a rare combination of retail/office exposure in the front with functional warehouse capability in the rear, along with future redevelopment potential. Key Highlights: Standalone building - ideal for owner-users or investors Prime main road frontage with strong visibility and traffic Dual-lot configuration providing flexibility and added value Rear area supports warehouse use, including truck-accessible loading capability Suitable for distribution, storage, contractor use, light industrial, or mixed-use operations Front portion ideal for retail, office, medical, cafe, or bakery (subject to zoning) Rear lot can be utilized for loading, parking, storage, or expansion Strong redevelopment opportunity - potential for multi-family or apartment development (subject to zoning and municipal approvals) This property is ideal for business owners seeking visibility with operational functionality, as well as developers looking to capitalize on land and location. Bring your vision-retail, bakery, office, warehouse, or future residential development-and unlock the full potential of this highly flexible site. Drive by today and explore the possibilities.

02Inside the home
03By the numbers
$495,000
List price
Square feet
Bedrooms
Bathrooms
1967
Year built
Lot size
Garage spaces
$9,826
Annual taxes
Retail/Stores
Style
17
Days on market
04Features
Cooling
None
05Neighborhood
  • Bill's Pizza and Pub 0.3 mi
  • Bill's Pizza 0.3 mi
  • Tacos El Norte 0.5 mi
  • McDonald's 0.5 mi
  • Gale Street Inn - Diamond Lake 0.6 mi
  • El Barrio 0.7 mi
  • Mendoza Grocery 0.7 mi
  • BP Shop 0.9 mi
  • ALDI 0.9 mi
  • Country Corner (Bait Shop and Alcohol) 1.1 mi
  • Jewel-Osco 1.1 mi
  • Citgo 1.2 mi
  • Robert Lewandoski Park 0.3 mi
  • Courtland Commons 0.4 mi
  • Kracklauer Park 0.5 mi
  • Diamond Lake Boat Launch 0.5 mi
  • Cardinal Terrace Park 0.6 mi
  • Gordon Ray Park 0.6 mi
  • Lauretta's Italian Bake Shop and Cafe 0.4 mi
  • Dunkin' 0.8 mi
  • Starbucks 0.9 mi
  • Area Coffee 1.0 mi
  • Scooter's Coffee 1.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 12, 2026
Listed for saleThis listing
RE/MAX SAWA
$495,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by RE/MAX SAWA · Muhammad Haroon
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12353142
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