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331 Plaza Cir - AREA Commercial Corner 0.88 Acres of Commercial Land Offered at $399,233 CAD in Mundelein, IL 60060

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INVESTMENT HIGHLIGHTS

  • Adjacent to Metra
  • Bring your idea - Purchase, Land Lease, or BTS options!
  • Surrounded by Residential Development

EXECUTIVE SUMMARY

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 BTS shopping area on the corner could be options. Bring your dream retail or service business idea to life - all ideas will be considered!

PROPERTY FACTS

Price $399,233 CAD
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Bank
  • Bar
  • Community Centre
  • Tienda de conveniencia
  • Daycare Centre
  • Fast Food
  • Garden Centre
  • General Freestanding
  • Healthcare
  • Health Club
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Medical
  • Neighbourhood Centre
  • Rehabilitation Centre
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Supermarket
  • Veterinarian or Kennel
Total Lot Size 0.88 AC
Zoning C5-V - No Development Status, Planned Unit Development, Platted.
Parcel Number 11-30-123-001

1 LOT AVAILABLE

Lot 4

Price $399,233 CAD
Price Per AC $453,674.01 CAD
Lot Size 0.88 AC

Positioned adjacent to AREA's large-scale residential development, adjacent to Metra Station and many other amenities!

DESCRIPTION

A unique opportunity in the heart of a rapidly growing corridor - the Village Center. 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.

Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38060426

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 331 Plaza Cir, Mundelein, IL 60060

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