A right-sized pad in a downtown that's filling up

Description:

144 N Seymour Ave is a rare ground-lease outparcel in the core of downtown Mundelein — an outparcel fronting the 139–145 N Seymour retail center, inside the Village's transit-oriented redevelopment district and steps from the Mundelein Metra station. The pad delivers 7,500–25,000 SF of flexible, divisible land at $4.50/SF/YR, built for a drive-thru restaurant, coffee or fast-casual concept, bank branch, ATM kiosk, or small-format retailer.

The surrounding blocks have absorbed 530 completed homes — Station 250, Cardinal Square D-1 and D-2, Morris Station and Mundelein Senior Apartments — with more than 770 new homes complete or under construction within a half mile once AREA, the Flaherty & Collins apartment and townhome project on Plaza Circle, opens. That rooftop growth, plus daily Metra commuters on the North Central Service line and Pace routes 574 and 593, creates a dense, walkable, built-in customer base. All utilities are already run to the site, and ground-lease or build-to-suit structures are available.


144 N Seymour Ave sits in downtown Mundelein’s walkable core, across from the 139–145 N Seymour retail center. Village Hall (300 Plaza Circle) and the Mundelein Metra station on the North Central Service line are about a quarter mile away, and Courtland Commons — the Village’s new park and event space at Courtland Street and Seymour Avenue, home to Community Days, the Arts Festival and the winter tree lighting — is a short walk south. Seymour Avenue itself is filling in with independent businesses: Fenton Brewing Company opened at 169 N Seymour, Lakes Apothecary expanded into 404 N Seymour and Three Birds Yard Studio opened at 512 N Seymour, with Jack’s Smokin’ BBQ around the corner at 32 E Park Street. Lake Street (Route 45), the main artery through downtown, carries about 21,200 vehicles a day (IDOT 2025), and Pace routes 574 and 593 stop nearby.