343 Park St, Mundelein, IL 60060

This exceptional 23,500 square foot lot, located at 343 E Park St in Mundelein, Illinois (zip code 60060), presents a remarkable development opportunity. Zoned C5-MU, this property allows for a variety of multi-family residential projects, including townhomes, row houses, apartments, or condominiums. The site boasts convenient access to all utilities, making construction efficient and cost-effective. The property's strategic location near downtown Mundelein offers immediate proximity to local amenities and services. Surrounding development features new construction of high-end rental properties, indicating strong market demand and potential for high returns. Adding to its appeal, a neighboring village-owned property offers potential for expansion or incorporation into a larger development plan. The APN is 1119300019. This is a rare chance to acquire a sizable parcel in a thriving area with significant upside potential. The asking price is $199,900. Further land acquisition may also be possible. This property is situated in Lake County, Illinois, and offers a unique blend of location, zoning, and potential for significant returns. Don't miss this chance to secure a prime piece of real estate in a rapidly developing area.