21500 Sylvan Dr, Mundelein, IL 60060
This exceptional six-acre commercial property, located at 21500 W Sylvan Dr S, Mundelein, IL 60060, presents a unique investment opportunity. Zoned B-PUD, this single-tenant site is ideal for retail development. The property's location at the Northwest corner of Midlothian Road and Gilmer Road offers excellent visibility and accessibility. The surrounding area boasts a mix of residential and commercial developments, including the Villa at the Commons, Stonebridge at Old McHenry, Hawthorn Trail Phase III, Hawthorn Woods Country Club Residential, a bank development, and an 8,000 square foot event venue. This strategic location ensures high traffic volume and strong potential for future growth. The property's classification as Retail, Land, and Special Purpose provides flexibility for a variety of development options. This is a prime opportunity to capitalize on the thriving Mundelein market. Detailed zoning information and site plans are available upon request. Don't miss this chance to acquire a significant commercial parcel in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.