Property subject to offer! A unique opportunity in the heart of a rapidly growing corridor – the Village Center. Positioned adjacent to AREA’s large-scale residential development, this site benefits from strong built-in demand, daily traffic, and immediate community visibility. The project is just north of the City Government office and adjacent to the North Central Metra train station. Surrounded by nearby residential development and a commercial corridor, this property is perfect for personal services, retail, or a restaurant. The property is flexible in structure – available for purchase, ground lease, or as part of a larger commercial development project in collaboration with the Village of Mundelein through a potential public/private partnership. Its location within an active redevelopment zone and TIF District makes it especially attractive for retail, personal services, or mixed-use concepts seeking to align with the village’s long-term growth strategy. Pricing is provided as guidance for interested buyers but land lease or a lease option within a shopping area on the corner could be options. Bring your dream retail or service business idea to life – all ideas will be considered!
Property Details
Price:
$286,000
MLS #:
MRD12462927
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
ivanhoemundelein
Listed Date:
Oct 10, 2025
Schools
School District:
120
Elementary School:
Mundelein Cons High School
Middle School:
Mundelein Cons High School
High School:
Mundelein Cons High School
Interior
Laundry Features
None
Exterior
Financial
Tax Year
2024
Listing Agent & Office
Leah Erickson
Coldwell Banker Commercial Real Estate Group
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