Property summary
This exceptional 1.89-acre commercial land parcel presents a remarkable investment opportunity in the thriving Mundelein, Illinois market. Located on bustling Butterfield Road, this property boasts over 260 feet of frontage and benefits from a convenient existing curb cut, directly adjoining Butterfield Plaza. The site is zoned GC (General Commercial), offering considerable flexibility for a variety of development projects. Envision a medical office building, a retail strip center, or a professional office complex – the possibilities are vast. Currently featuring two rental homes, these structures can be repurposed or demolished to suit your vision. The property's strategic location within the Butterfield commercial corridor ensures high visibility and accessibility, drawing significant traffic from Mundelein, Vernon Hills, and Libertyville. The City of Mundelein may offer business incentives, making this an even more compelling proposition. This is a rare chance to acquire a substantial land holding in a prime location with excellent growth potential. Serious inquiries only
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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