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    21500 Sylvan Dr, Mundelein, IL 60060

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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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