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875-899 E Us 45 Highway
$800,000
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875-899 E Us 45 Highway

Mundelein, Illinois 60060
Closed / MLS #10142408 / Vacant Land / Mundelein
Listing information updated 8/9/2021 at 2:43pm
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.

Full Features

Basement:
None
Water Front:
No
Square Feet:
N/A
Lot Size:
2.0-2.99 Acres
Acreage:
2.99

Taxes & Assessments

Tax Amount:
$26,766
Tax Year:
2017

Location

Zip Code:
60060
City:
Mundelein
County:
Lake

Schools

School District(s):
76, 125
Elementary School:
Diamond Lake Elementary School
Middle School:
N/A
High School:
Adlai E Stevenson High School

Listing Office: Kathcon Real Estate Services

Listing Office Phone: 847.812.3023

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/9/2021 at 2:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Mundelein, IL

Located in the heart of Lake County, Mundelein is a thriving community that continues to grow due to its abundant recreational opportunities, friendly community, and convenient transportation options. Mundelein celebrates its history with a popular annual festival that includes musical performances,...
$376,956
Average Sale Price
38
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 875-899 E Us 45 Highway, Mundelein, IL 60060

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875-899 E Us 45 Highway is a vacant land which sold for $800,000. This vacant land has been listed on @properties since November 21st, 2018. Nearby schools include Diamond Lake Elementary School and Adlai E Stevenson High School.

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