Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace l***@midamericagrp.com Show Phone

Listed By: Liz Krebs

Source: Moodyscre

Added: Apr 11, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:02AM

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Investment Insights

Based on property information with market context.

This commercial land benefits from its proximity to several residential developments. The Del Webb Grand Dominion development, located just south, includes approximately 700 residential units. A new Lennar townhome development with 150 units is under construction just north of the property. Downtown Mundelein added approximately 200 apartment units in 2019. Furthermore, Pulte is planning to build 187 single-family homes immediately across the street, with construction scheduled to begin in the spring of 2021. The property provides 5 parking spaces per 1,000 square feet.

Key Highlights

• High parking ratio: 5 spaces per 1,000 sf
• Located near Del Webb Grand Dominion (±700 residential units)
• New Lennar townhome development (150 units) nearby

Property Analytics

Current Use

Commercial land

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

755

Businesses Nearby

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Market

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Frequently Asked Questions

What type of property is this?

Land - Commercial land available near residential and apartment developments.

Where is this land located?

The property is located at 3262 W Il Rte 60 Mundelein, IL.

What are key features of this property?

This property features: High parking ratio: 5 spaces per 1,000 sf; Located near Del Webb Grand Dominion (±700 residential units); New Lennar townhome development (150 units) nearby