Listing provided courtesy of HomeSmart Connect LLCMREDas Distributed by MLSGrid- MLS# 12555257MLS Provider

505 E Hawley Street #505-511Mundelein, IL 60060

Commercial · 14,964 Sq. ft. | 0.86 Acres
$699,000 Active

505 E Hawley Street #505-511 Overview

Time on Site:
152 days
Visits:
11

2 ADJACENT OFFICE BUILDINGS Two adjacent office buildings being sold together. Ample parking, great location just south of Route 176 and east of Route 45 adjacent to the US Post Office. Both buildings have monument signage. Contact broker for details on leases. 505 E Hawley: 12,600 SF 2 story professional building with vacancy. Each level is equipped with common restrooms. Solid construction. Potential for owner/user with income from leased suites. 511 E Hawley: 2,364 SF currently a 1 tenant single story building leased to Lake County Physical Therapy. These buildings can also be sold separately

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

505 E Hawley Street #505-511 Facts & Features

  • Type Commercial
  • Sq. ft. 14,964
  • Price/Sq.ft. $47
  • Lot 0.86 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1979

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Ivanhoe / Mundelein

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $28,500.00
  • Tax Year: 2024

General Information

  • Parcel Number: 11301020440000
  • Possible Use: Office
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 14964

General Information

  • Cooling: Central Air
  • Electric: Over 600 Amps
  • Leasable Area: 14964
  • Stories: 2

Unit Information

  • Unit SqFt.: 14964
  • Unit Number: 505-511

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Acres: 0.86
  • Lot Size Dimensions: 37488
  • Lot Size Square Feet: 37488

Building Exterior/Construction

  • Construction Materials: Brick

505 E Hawley Street #505-511 Neighborhood

Community

60060 (MUNDELEIN) Demographics

39
Median Age
1,500
Population Density (per sq. mile)
50%
College Educated
$93,905
Estimated Median Income
9,912
Estimated Total Home Owners
3,128
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

505 E Hawley Street #505-511 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 E Hawley Street #505-511 Market Data

Based on the last 30 days in this zip code

$515,041
Average List Price
$222
Average Price per Square Foot
40
Properties Sold
54
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

505 E Hawley Street #505-511 History

Date Event Value Agent
4/5/2026Source: MRED Status Change
Active
3/31/2026Source: MRED Price Reduction
$699,000 -18.7%
3/31/2026Source: MRED Status Change
Price Change
2/2/2026Source: MRED Status Change
Active
1/28/2026Source: MRED Added to Database
January 28, 2026