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Commercial Land in Mundelein Area
For Sale
Contact for pricing
Pending

20924 & 20902 W Park Ave, Mundelein, IL 60060

Prime location near shopping, restaurants, and residential development.

Property SizeContact for details
Days on Market495

Property Features for 20924 & 20902 W Park Ave

General Information

Standard status Pending
Property subtype Land
Zoning B-2, Commercial
Listing Agency: Real Broker LLC IL
Listed By: Robert Satten · License #475.101369
Source: Crexi
Added: Apr 10, 2025 Changed: Aug 15 Last Checked: Aug 13 at 5:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC IL

Investment Insights

Based on property information with market context.

This commercial land is situated in a signaled location within the Mundelein/Ivanhoe area. It is positioned as a suitable site for quick service restaurants, located across from a Starbucks and near a shopping center anchored by Home Depot and Target. The property is also located a few minutes from a master plan development community featuring over 3,200 homes, townhomes, stores, apartments, and other amenities.

Key Highlights

  • Prime location in the Mundelein/Ivanhoe area.
  • Great QSR (Quick Service Restaurant) location.
  • Located across from Starbucks.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 60060, IL

37,599
Population
13,827
Households
2.7
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
23.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$110,463
Median Household Income
$52,550
Median Earnings
$1,552
Median Rent
$299,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Prime location near shopping, restaurants, and residential development.
Where is this commercial land located?
The property is located at 20924 & 20902 W Park Ave Mundelein, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location in the Mundelein/Ivanhoe area.; Great QSR (Quick Service Restaurant) location.; Located across from Starbucks.
More about this property
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