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.

Listing Courtesy of Sperry Van Ness

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.