404 Washington BlvdMundelein, IL 60060

For Sale
$1,950,000

31,600 SF Warehouse, 2.38 Acres

Overview

Added:
Feb 3
Days on market:
39
This exceptional 31,600 square foot industrial building, situated on a generous 2.38-acre lot in Mundelein, Illinois, presents a compelling investment opportunity. The property boasts a well-maintained structure with ample parking, specifically designed for outside storage and truck parking. The building's layout is highly functional, incorporating 21% office space and the remaining area dedicated to warehouse operations. Key features include a loading dock equipped with a leveler, a 10-foot drive-in door, and substantial heavy power capacity. The column spacing is 28 feet, offering flexibility for various layouts and configurations. Its strategic location provides excellent access to major transportation arteries, including a convenient 4.5-mile proximity to the I-94 & Townline Road interchange. Additional access is readily available via Hawley/Route 176, Lake Street, Route 45, Route 60, and Route 83. The property's versatility allows for either full occupancy by a single owner-user or subdivision into smaller units to generate additional rental income. Recently under new ownership, the building has undergone a complete renovation, ensuring modern functionality and efficiency. This property represents a rare opportunity to acquire a high-quality industrial asset in a desirable location with significant potential for growth and return on investment. The asking price is $1,950,000.

Property Details for 404 Washington Blvd

Property type
Investment properties, Other investment properties
Square Feet
31,600 SF
Year Built
1976
Lot Size (sq. ft)
103,673 SF

Location Insight

City
Mundelein
County
Lake
State
Illinois
Latitude
42.25813
Longitude
-87.98707
404 Washington Blvd, Mundelein, Illinois

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404 Washington Blvd
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