875-899 E US 45 Highway Mundelein, IL
$ 849,900
Property Attributes
  • MLS#10142408
  • TypeLand
  • CountyLAKE
  • CityMundelein
  • AreaIvanhoe - Mundelein
  • Zip60060
  • StyleCommercial
  • Taxes26766
  • Price$ 849,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.99 Acres
Listing Provided Courtesy Of:
Kathcon Real Estate Services
Property Description

Enough frontage for 18 storefronts with a daily traffic count close to 13000! Just under 420 feet frontage situated for a very profitable investment. Multi family rezoning possible but not easily profitable due to high connection fees for sewer and costly water main issues. Better possibility is commercial incubator space where the market condition is extremely favorable. Near full occupancy in local incubator rentals. Think supply and demand. C3 Zoned, will allow for a myriad of uses. Mundelein, in response to numerous inquiries, will consider a blanket variance to allow even more tenant possibilities. Kathcon is developing plans to build an incubator project of approximately 40000 square feet of rentable space in the $9-10 per sq ft range. Don't want to eat the elephant all at once? Contact Kathcon for updated details for investor participation.

Elementary School High School
Diamond Lake Elementary School Adlai E Stevenson High School
Price History
11/21/2018 Listed $899,900
5/12/2020 6% - $849,900

General Features

Elementary School Diamond Lake Elementary School
High School Adlai E Stevenson High School
Property Type Land
Property Type Land
Standard Status Active
Zoning COMMR

Interior Features

Basement None

Exterior Features

Lot Dimensions 417 X 261 X 343 X 498
Road Surface Type Asphalt

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60060

AVG $170K
AVG $4,306
AVG 61
AVG 27
Data Provided by Walkscore ® not using MLS data

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