Your complete guide to business transactions in this growing Lake County village. Market insights, local regulations, and expert resources.
Mundelein is a thriving village in Lake County with a diverse economy and strong community character. With approximately 32,000 residents and a mix of industrial, commercial, and residential areas, Mundelein offers business opportunities in manufacturing, retail, professional services, and healthcare.
The village is home to the University of Saint Mary of the Lake (Mundelein Seminary) and has a growing downtown district. The economy includes manufacturing, distribution, retail, restaurants, and professional services. Mundelein's location along Route 45 and proximity to I-94 provides excellent transportation access for businesses.
| Metric | Value |
|---|---|
| Population | 32,000 |
| Total Businesses | 1,200+ |
| Average Business Sale Price | $285,000 |
| Median Time to Sell | 7 months |
| Top Industries | Manufacturing, Retail, Professional Services, Healthcare, Restaurants |
| Region | Lake County / North Suburbs |
Mundelein's diverse economy and growing population create opportunities for business sellers. Here's what you need to know about selling in the Mundelein market:
Mundelein offers diverse business opportunities in a growing Lake County community. Here's what buyers should know:
Industrial and manufacturing operations.
Local retail and specialty shops.
Financial, legal, and consulting services.
Medical and dental practices.
Diverse dining and food service.
Auto repair and service businesses.
Mundelein offers affordable Lake County location, diverse economy, growing population, downtown revitalization, and excellent transportation access along Route 45.
Mundelein's downtown revitalization has created new opportunities for restaurants, retail, and service businesses. The village's investment in downtown infrastructure and events has increased foot traffic and visibility for local businesses.
Manufacturing, retail, restaurants, healthcare services, and professional services are in demand. Downtown businesses and those serving the growing residential population tend to perform well.
Yes, SBA loans are available through Lake County lenders. Local community banks often provide competitive terms. Seller financing is also common for qualified buyers.
Get expert guidance for your Mundelein business transaction.