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$6,168,000
26997 Highway 83 Hwy Midlothian Rd, Mundelein, IL 60060
0 Beds
0 Baths
n/a SqFt

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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.
  • Price:
  • $6,168,000
  • Acreage:
  • 24.00
  • Listing ID #:
  • MRD11255956
  • Street Address:
  • 26997 Highway 83 Hwy Midlothian Rd
  • City:
  • Mundelein
  • State:
  • Illinois
  • Postal Code:
  • 60060
  • County:
  • Lake
  • Community:
  • Ivanhoe / Mundelein
  • Listing Status:
  • Active
  • Listing Type:
  • Land
School District: 75
4
out of 5

Mundelein Cons High School
Public
School Grade Level 9-12
School Students 2027 students
School Teachers 18 student/
teacher
  • Existing Land Use:
  • Commercial, Multi-Family, Single Family, Retail
  • Lot Size:
  • 10.0-24.99 Acres
  • Road Type:
  • Asphalt
  • Days On Market:
  • 270
  • Originating Mls:
  • Mred
  • Ownership:
  • Fee Simple
  • Tax Year:
  • 2020
  • Utilities:
  • Electric Nearby, Gas Nearby, Water Nearby
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Sperry Van Ness
  • ILMRED