SOLDRetail
Mark Heidecke Of Horvath & Tremblay Facilitates Retail Property Sale In Mundelein For $2.9M
815 South Lake Street
$2,900,000
$177/SF
Building Size
16,336 SF
Asset Type
Retail
Closing
Mar 26, 2026
AI
The retail asset located at 815 South Lake Street in Mundelein has a sale price of $2,900,000. This property encompasses a total square footage of 16,336, resulting in a price per square foot of $177.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,900,000
- Address: 815 South Lake Street
- Market: Mundelein
- Square Footage: 16,336
- Price Per Square Foot: $177
The transaction was facilitated by Mark Heidecke, representing the broker agency Horvath & Tremblay, who was involved in this retail property sale.
Mundelein Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93