427 E Il Route 83 Mundelein, IL ^$ 349,900

427 E Il Route 83

^$ 349,900

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427 E Il Route 83

Mundelein, IL, 60060

^$ 349,900

Studio Baths0.0

Monthly Estimate*

^$ 2,183

427 E Il Route 83, Mundelein, IL 60060 - Image 1

Studio

Lots and Land for sale in Mundelein, IL

for $349,900. The lot size is 1.

Mundelein Commercial Development: Prime Location, Seller Financing Available - Sale or Land Lease. Capitalize on this strategic site with existing sewer infrastructure and flexible development options. Unlock your investment potential - contact Mundelein Village for zoning details and to explore purchase or lease with potential seller financing.

Lots and Land Active

Price

^$ 349,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 4,552

Style

Commercial

Lot Size

Town/City

Mundelein

County/Region

Lake

MLS | Web ID

12318220

Features

General

Cooling None

Utilities Electricity Nearby Natural Gas Nearby

Possession Closing

Zoning COMMR

Township Vernon

Tax Year 2022

Current Use Commercial

Ownership Fee Simple

County Lake

Property Type Land Land

Status Active

Directions Route 83 & N to 60

City Mundelein

High School District 125

MLS Area Ivanhoe / Mundelein

Tax Annual Amount 4552

Standard Status Active

Middle/Junior School District 76

Elementary School District 76

Interior

Basement None

Total Baths 0

Exterior

Total Parking 0

Lot Dimensions 130 X 336

Lot Size Acres 1

Road Surface Type Asphalt

Frontage Length 130

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Homesmart Connect Llc

Broker

traderealestate13@gmail.com

Affordability Calculator

$2,562

Per Month

Monthly Principal & Interest: $2,183
Monthly Property Taxes: $379
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Mundelein, IL

Average List Price ^$323,560

Percent of Sale Price 8%

About Mundelein, IL

31,473 Population

3% Since 2002

^$78,973 Median Income

38 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1537262 Elementary School

1538427 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2025	$349,900		Listed Price

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427 E Il Route 83, Mundelein, IL, 60060 is a Lots and Land for sale at $349,900 with a lot size of 1. 427 E Il Route 83 is a studio with 0.0 baths. The property's zip code is 60060 which is in Mundelein, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/13/2025.

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427 E Il Route 83

Lots and Land for sale in Mundelein, IL

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