Corcoran Urban Real Estate
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4 Properties Within 0.5 miles of: 28884 N Il Route 83, Mundelein

28884 N Il Route 83
Mundelein, IL 60060

Price

$875,000

Est Payment
$5,146 / month (details)  
Taxes
$6,088  
Type
Land  
Sq. Ft.
n/a  
Lot Size
217800  
Neighborhood
Ivanhoe / Mundelein  
MLS
#12374458
Status
Active (12 days)

Property Description

Exceptional 5-acre vacant lot in a prime, high-visibility location with fantastic frontage and direct access to Route 83, as well as immediate proximity to the Rt 83/Rt 60 intersection-offering outstanding exposure and convenience for future development. Zoned Residential, or C1-C4 Commercial per Ordinance No. 0-25-04-20 (approved 4/14/2025), this property presents a rare opportunity for commercial or mixed-use development in a rapidly growing area surrounded by established residential neighborhoods and active commercial corridors. The parcel includes two PINs (10-23-100-004 & 10-23-100-005), and an access road is already in place on the site. Soil testing has been completed and approved, streamlining the development process. This location is ideal for a wide variety of commercial uses and is perfectly positioned to capitalize on steady traffic flow and surrounding community demand.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
District 120, District 79

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-25-2025 Listed at $875,000
Last Modified 5/31/25 12:05 AM
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