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Industrial Land in Established Park
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927 Tower Road, Mundelein, IL 60060

3.92-acre industrial property with utilities and completed due diligence.

Property SizeContact for details
Lot Size3.92 Acres
Days on Market167

Property Features for 927 Tower Road

General Information

Standard status Active
Lot size 3.92 Acres
Property subtype Land
Listing Agency: NAI Hiffman
Listed By: Alex Sutterer · License #475166355
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 20 at 5:07AM

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 NAI Hiffman

Investment Insights

Based on property information with market context.

This 3.92-acre property is located within an established industrial park in Lake County. Utilities are available to the site. The location provides convenient access to transportation, situated 5.8 miles from a full interchange and 1.1 miles from routes 45/83. A detention pond is 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.

Key Highlights

  • M‑1 Zoning permits a wide range of industrial uses, including freight terminal, manufacturing, and warehouse.
  • Utilities are already available to the site.
  • Located 5.8 miles from a full interchange (I‑94 and Townline Road), providing excellent transportation access.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Pharmacy Accounting Firm (Bike/Boat/Book/etc) Store

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

636
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 3.92-acre industrial property with utilities and completed due diligence.
Where is this industrial land located?
The property is located at 927 Tower Road Mundelein, IL.
What are key features of this property?
This property features: M‑1 Zoning permits a wide range of industrial uses, including freight terminal, manufacturing, and warehouse.; Utilities are already available to the site.; Located 5.8 miles from a full interchange (I‑94 and Townline Road), providing excellent transportation access.
More about this property
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