28573 Schank Ave Mundelein, IL 60060
- Land
- 3.13 lot acres
Current Use by Public Records
- Land
Property Details for 28573 Schank Ave
- Lot size
- 3.13 lot acres
- Property type
- Land
Description
This exceptional 3.13-acre commercial land parcel, located at 28573 Schank Ave in unincorporated Mundelein, Illinois (zip code 60060), presents a compelling investment opportunity. The property, encompassing APN numbers 10-22-200-016 & 10-23-100-042, includes a 568 square foot existing building. Its strategic location offers significant advantages. The Future Land Use Map designates the area for Retail/Commercial development, aligning perfectly with the high traffic counts in the vicinity. Schank Avenue sees 11,500 vehicles daily, while Route 176 and Route 60 boast 11,700 and 16,600 vehicles per day respectively. This prime location is conveniently situated just west of the Mundelein Crossing Shopping Center, ensuring high visibility and accessibility. The property's potential is further enhanced by the possibility of assembling additional land, approximately 2.3 acres to the north, which is also available. The property falls within the Freemont School District 79. Annual property taxes are $3,886. The asking price for this exceptional opportunity is $2,300,000. Contact us for further details.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mundelein
- County
- Lake
- State
- Illinois
- Longitude
- -88.0433
- Latitude
- 42.2775
