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28884 N IL Route 83 Mundelein, IL $ 875,000
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$ 875,000 Get more info
28884 N IL Route 83
$ 875,000
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Share Save

28884 N IL Route 83

Mundelein, IL, 60060
$ 875,000
Baths0.0

Monthly Estimate*

$ 5,459

28884 N IL Route 83, Mundelein, IL 60060 - Image 1
28884 N IL Route 83, Mundelein, IL 60060 - Image 2
28884 N IL Route 83, Mundelein, IL 60060 - Image 3
28884 N IL Route 83, Mundelein, IL 60060 - Image 4
28884 N IL Route 83, Mundelein, IL 60060 - Image 5
28884 N IL Route 83, Mundelein, IL 60060 - Image 6
Studio

Lots and Land for sale in Mundelein, IL

for $875,000. The lot size is 5.

Exceptional 5-acre vacant lot in a prime, high-visibility location with fantastic frontage and direct access to Route 83, as well as immediate proximity to the Rt 83/Rt 60 intersection-offering outstanding exposure and convenience for future development. Zoned Residential, or C1-C4 Commercial per Ordinance No. 0-25-04-20 (approved 4/14/2025), this property presents a rare opportunity for commercial or mixed-use development in a rapidly growing area surrounded by established residential neighborhoods and active commercial corridors. The parcel includes two PINs (10-23-100-004 & 10-23-100-005), and an access road is already in place on the site. Soil testing has been completed and approved, streamlining the development process. This location is ideal for a wide variety of commercial uses and is perfectly positioned to capitalize on steady traffic flow and surrounding community demand.

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Lots and Land Contingent

Price

$ 875,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,088

Style

Lot Size

5

Town/City

Mundelein

County/Region

Lake

MLS | Web ID

12374458
Features
General
Utilities Electricity Nearby Electric to Site Natural Gas Nearby Natural Gas Available Sewer Nearby Sewer Connected Water Available
Possession Closing
Zoning COMMR
Township Fremont
Tax Year 2023
Ownership Fee Simple
Additional Parcels Description 10231000040000
County Lake
Property Type Land Land
Contingency Attorney/Inspection
Possible Use Commercial Condominium Multi-Family Single Family
Status Contingent
Directions Route 83 North of Route 60 West side of the road adjacent to the Ivanhoe Community Club Park
City Mundelein
High School District 120
MLS Area Ivanhoe / Mundelein
Tax Annual Amount 6088.18
Additional Parcels Y/N Y
Standard Status Active Under Contract
Middle/Junior School District 79
Elementary School District 79
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Exterior
Total Parking 0
Lot Dimensions 217800
Lot Size Acres 5
Road Surface Type Asphalt
Frontage Length 495
Frontage Type State Road
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Keller Williams North Shore West

Broker

corey@coreybarkergroup.com

Email

Affordability Calculator

$5,966
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,459
Monthly Property Taxes
$507
Monthly 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
567360 Elementary School
565877 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/25/2025$875,000 Listed Price

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28884 N IL Route 83, Mundelein, IL, 60060 is a Lots and Land for sale at $875,000 with a lot size of 5. 28884 N IL Route 83 is a studio with 0.0 baths. The property's zip code is 60060 which is in Mundelein, IL

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