Prime Commercial Land
For Sale
$286,000
331 Plaza Circle Lot 4, Mundelein, IL 60060
Land in growing corridor, ideal for retail or restaurant.
Property SizeContact for details
Days on Market158
Property Features for 331 Plaza Circle Lot 4
General Information
Standard status
Active
Property subtype
Land
Zoning
C5-V
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(815) 780-7952
Listed By:
Leah Erickson · License #475204597
(815) 780-7952
Source:
Cbcworldwide
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 6:06AM
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 Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This property presents a unique opportunity in the heart of a rapidly growing corridor, specifically within the Village Center. Positioned adjacent to a large-scale residential development, the site benefits from strong built-in demand, daily traffic, and immediate community visibility. It is located 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 suitable for personal services, retail, or a restaurant. The property is 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. The property is suitable for retail or service business ideas.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land in growing corridor, ideal for retail or restaurant.
Where is this commercial land located?
The property is located at 331 Plaza Circle Lot 4 Mundelein, IL.
What is the asking price?
The asking price for this property is $286,000.
