N Seymour AveMundelein, IL 60060
1,720 SF inline storefront at $16/SF/YR NNN — available February 2028. Pre-lease a downtown Mundelein address now.
A storefront you can lock in early
A 1,720 SF inline retail storefront on N Seymour Ave in downtown Mundelein, available February 2028 — offered now for pre-lease at $16/SF/YR NNN (approximately $2,293/month base). The space is currently home to the American Legion post, which gives a future tenant a rare thing in a growing downtown: a firm delivery date you can plan a build-out and opening around.
Downtown Mundelein storefronts are getting scarcer as more than 740 new residential units fill in around Seymour Avenue. Committing early locks in today's rate on a space that will open into a considerably denser trade area.
Inside the building
What’s inside
Location & surroundings
Downtown Mundelein is in the middle of a transit-oriented building boom. More than 740 new residential units have recently been delivered or are under construction within a few blocks: Station 250 (165 apartments, just south of Village Hall), Cardinal Square D-1 and D-2 (180 apartments, beside the new pedestrian bridge), Morris Station (108 rental townhomes in the heart of downtown, fully rented), the 46-unit Mundelein Senior Apartments at Prospect Avenue and Hawley Street, and the Flaherty & Collins project on Plaza Circle - 225 apartments, 17 townhomes and 5,000 SF of commercial space, under construction and expected to partially open in 2026. Add the new Starbucks, the Park Street outdoor dining area, and Courtland Commons, the Village's new public park and event space.
The storefront side is filling in with it. The Village counted 38 new businesses opening at the end of 2025 and the start of 2026, with five more existing businesses expanding into larger spaces. Several landed on Seymour Avenue itself - Fenton Brewing Company at 169 N. Seymour, Lakes Apothecary at 404 N. Seymour, and Three Birds Yard Studio at 512 N. Seymour - alongside Jack's Smokin' BBQ at 32 E. Park Street.
Elsewhere in Mundelein - on Wirtz family farmland near Route 60, a separate site well outside downtown - the Wirtz Corporation has proposed Ivanhoe Village, a roughly 740-acre traditional-neighborhood development master-planned for more than 3,100 homes plus retail, medical, office and industrial space over an approximately 25-year build-out. Its annexation agreement was approved in December 2022, and in April 2025 the Village Board gave a schools-and-library payment plan tentative approval, but construction has not started and the project remains in initial planning. It is a long-term signal of where Mundelein is heading, not a project next door.
Project details and unit counts are drawn from Village of Mundelein materials and press reports, and should be independently verified.
Village and press coverage:
Village of Mundelein - New Projects Underway
Village of Mundelein - Development Updates
Chicago YIMBY - Mundelein mixed-use megadevelopment
Chicago Construction News - Illinois' first urbanistic traditional neighborhood
Daily Herald - Mundelein approves Ivanhoe Village payments to schools, library
Tenant questions
When is the space available?+
February 2028. It is offered for pre-lease now, so a tenant can plan a build-out and opening date well in advance. Tenant to verify possession timing in the lease.
What is the rent?+
$16/SF/YR NNN — approximately $2,293 per month base rent, plus NNN charges. Tenant to verify all figures.
What is the traffic count near this space?+
Lake St carries approximately 21,200 vehicles per day past the corridor, including about 975 heavy commercial vehicles (Illinois Department of Transportation, 2025 average annual daily traffic).
What is being built in downtown Mundelein?+
More than 740 new residential units have recently been delivered or are under construction within a few blocks: Station 250 (165 apartments), Cardinal Square D-1 & D-2 (180 apartments), Morris Station (108 rental townhomes, fully rented), Mundelein Senior Apartments (46 units), and the Flaherty & Collins project (225 apartments, 17 townhomes, and 5,000 SF of commercial space) — plus a new Starbucks, the Park Street outdoor dining area, a new pedestrian overpass, and the Courtland Commons park and event space. Unit counts are drawn from the Village of Mundelein's redevelopment materials and should be independently verified.
Interested in this space?
Contact Jason for tour scheduling, terms, and availability.
Jason Bitton · RE/MAX Commercial · #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025)