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    927 Tower Rd Mundelein, IL 60060

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    For Sale
    Contact for pricing

    3.92-acre industrial property in established park setting with utilities.

    Property size:
    3 SF
    Lot size:
    3.92 Acres

    Property Features for 927 Tower Rd

    General Information

    Size
    3 SF
    Lot size
    3.92 Acres

    Source: Alex Sutterer Agent Alex Sutterer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land in Lake County

    This 3.92-acre property is located within an established industrial park in Lake County. Utilities are available to the site. The location offers convenient access to transportation, situated 5.8 miles from a full interchange and 1.1 miles from routes 45/83. A detention pond is already in place. Comprehensive due diligence has been performed, including soil testing, a traffic study, and a topographic map, all available for review. The property is zoned M-1, which allows for various industrial uses such as a freight terminal, motor vehicle operations facility, contractor storage yard with a fully enclosed permanent structure, general or light manufacturing, a minor recycling facility, warehouse and distribution, and major or minor motor vehicle service and repair. The property has 220 feet of frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mundelein
    County
    Lake
    State
    Illinois
    Longitude
    -87.9862088
    Latitude
    42.2491448

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    FAQs

    What type of property is this?
    Industrial land - 3.92-acre industrial property in established park setting with utilities.
    Where is this industrial land located?
    The property is located at 927 Tower Rd Mundelein, IL.
    What are key features of this property?
    This property features: - M-1 Zoning permits a wide range of industrial uses.; - Utilities are already available to the site.; - Easy access to transportation routes, located 5.8 miles from I-94 and 1.1 miles to 45/83.
    (330) 217-5926
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    927 Tower Rd Mundelein, IL 60060
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    Mundelein, IL 60060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    927 Tower Rd Mundelein, IL 60060
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