Property profile

21500 Sylvan Dr Mundelein, IL 60060

OFF-MARKET
Specialty properties
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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

Location

21500 Sylvan Dr Mundelein, IL 60060
Mundelein metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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