Address
26997 Highway 83 HWY Midlothian Road, Mundelein, IL
Price
$ 6,168,000
Property Attributes
  • MLS#11255956
  • TypeLand
  • CountyLAKE
  • CityMundelein
  • AreaIvanhoe - Mundelein
  • NeighborhoodCreekside of Long Grove
  • Zip60060
  • StyleCommercial,Multi-Family,Single Family,Retail
  • Price$ 6,168,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size24 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

The subject property consists of 24 acres of raw land on the NEC of IL Route 60/83 and Midlothian Road located in Mundelein in unincorporated Lake County. The property is not currently improved. The parcel is currently zoned as R-1 Residential with a small corner zoned GC General Commercial. If this property is annexed into the Village of Mundelein, it will default to the R-1 Single-Family Residential zoning district. The property is well suited for a residential development that may include single-family homes, multi-family homes for senior living. This area is also ideal for a mixed-use development which may include some or all of these housing options. The hard corner is ideal or retail, more specifically a fuel station, convenience store, and/or fast-casual restaurant concept - particularly at the lighted intersection - and similar developments surrounding the property.

High School
Mundelein Cons High School
Price History
10/26/2021 Listed $6,168,000

General Features

Additional Parcels Y/N No
City Mundelein
County Lake
Current Use Commercial, Multi-Family, Single Family, Retail
Days on Market 11
Directions NEC of IL Route 60/83 and Midlothian Rd
Elementary School District 75
High School Mundelein Cons High School
High School District 120
MLS Area Ivanhoe / Mundelein
Middle/Junior School District 75
Percent Ownership Fee Simple
Possession Negotiable
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name Midlothian
Tax Year 2020
Township Vernon
Utilities Electric Nearby, Gas Nearby, Water Nearby
Waterfront Y/N No

Interior Features

Street Suffix Road

Exterior Features

Frontage Type State Road
Lot Dimensions 0000
Lot Size Acres 24
Road Surface Type Asphalt

Amenities

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

Property vs Land Average in 60060

Price
AVG $340K
$6.17M
Visits
AVG 146
569
Walkscore
AVG 34
52
Data Provided by Walkscore ® not using MLS data

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