Courtesy: Baird & Warner
847-367-1855
Prime Commercial Mixed-Use Opportunity 2.91 Acres Mundelein, IL $1,500,000 Rarely does a commercial opportunity this well-positioned come to market. Situated at the highly visible intersection of Route 176, Route 60/83, and Schank Road in Mundelein, Illinois, this 2.91-acre commercial mixed-use property offers an exceptional combination of location, flexibility, and immediate livability. With IDOT-reported daily traffic counts averaging 15,000 to 20,000 vehicles, your business will enjoy outstanding visibility and consistent exposure in one of the area's most sought-after corridors. The surrounding community boasts a median household income exceeding $108,000, reflecting a strong and affluent customer base ready to support your venture. Positioned at the heart of one of Lake County's fastest-growing markets, this property is surrounded by new and expanding residential subdivisions bringing a steady influx of new households-and new customers-directly to your doorstep. The area's rapid residential growth is matched by a thriving and expanding retail corridor nearby, with shopping, dining, and service businesses continuing to grow and attract even more traffic to the region. Getting in now means positioning your business ahead of the curve as the community continues to flourish. The commercial mixed-use zoning unlocks a wide range of possible uses-including car wash, fast food, landscaping operations, and much more-making this an ideal canvas for a variety of entrepreneurial visions. Adding to the property's versatility is a residential home that provides the perfect live-and-work setup. The home features two generously sized bedrooms, a full kitchen, a large bathroom, and an unfinished full basement with laundry-offering ample room to expand and customize. A large garage adjacent to the home provides convenient storage for vehicles and equipment. The separate office building allows you to work right by your home and literally walk a few steps home. Whether you're an owner-operator looking to plant roots, an investor seeking high-visibility commercial land, or an entrepreneur ready to build your next venture-this property checks every box. Seize this rare opportunity to own a high-traffic, strategically located commercial asset right in the path of Mundelein's exciting growth.
Courtesy: RE/MAX SAWA
877-312-7292
Excellent opportunity to own a standalone commercial property in a high-visibility, high-traffic location on North Lake Street in the heart of Mundelein. This versatile property features two lots (front and rear), offering a rare combination of retail/office exposure in the front with functional warehouse capability in the rear, along with future redevelopment potential. Key Highlights: Standalone building - ideal for owner-users or investors Prime main road frontage with strong visibility and traffic Dual-lot configuration providing flexibility and added value Rear area supports warehouse use, including truck-accessible loading capability Suitable for distribution, storage, contractor use, light industrial, or mixed-use operations Front portion ideal for retail, office, medical, cafe, or bakery (subject to zoning) Rear lot can be utilized for loading, parking, storage, or expansion Strong redevelopment opportunity - potential for multi-family or apartment development (subject to zoning and municipal approvals) This property is ideal for business owners seeking visibility with operational functionality, as well as developers looking to capitalize on land and location. Bring your vision-retail, bakery, office, warehouse, or future residential development-and unlock the full potential of this highly flexible site. Drive by today and explore the possibilities.
Courtesy: Baird & Warner Fox Valley - Geneva
630-377-1855
Improved price! Premier Commercial Opportunity in High-Traffic Corridor. Presenting a rare opportunity to acquire a high-visibility commercial property strategically positioned between Hwy. 45 and Rte. 83. Plus, Yellowstone Blvd. now runs from County Line Rd. to Hwy. 45 and right to this location! Significant daily traffic counts on Hwy. 45 plus unparalleled exposure make it a landmark destination for any new or existing enterprise. This site has been the home of a successful, long-established restaurant for over 40 years. Repurpose this 3,500 sq. ft. building to launch your own restaurant, retail, or service-based concept. Kitchen features upright oven, gas stove, deep fryer, walk-in cooler, triple sink basin, and prep station while full lower level has ample storage. Parking lot features 42 dedicated spaces. Looking to innovate? Capitalize on the prime .51-acre lot and ample parking by redeveloping the site for a higher and better use. Whether you are an investor seeking a redevelopment project or an operator looking for a high-profile location, this property is a must-see. Sold As-Is. PLEASE NOTE: the new price reflects the fact that this is no longer a turn key restaurant as much of the furniture and equipment have been sold. Any remaining fixtures and equipment will transfer with the property at buyer's request as stated in LOI.
Mundelein is located in Illinois. Mundelein, Illinois has a population of 31,596. Mundelein is less family-centric than the surrounding county with 35.83% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Mundelein, Illinois is $96,993. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Mundelein is 37.6 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 36.2 inches per year, with 40.6 inches of snow per year.
