Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    950 Butterfield Rd, Mundelein, IL 60060

    0.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.95-acre commercial land parcel, located at 950 S. Butterfield Rd in Mundelein, Illinois (APN 11-32-100-011), presents a unique investment opportunity. The property boasts a General Commercial (GC) zoning designation, allowing for diverse development options such as a medical office, retail strip center, or professional building. Situated on a busy stretch of Butterfield Road, the site benefits from over 130 feet of frontage and approximately 20,600 vehicles passing daily, ensuring high visibility and accessibility. The land currently includes a rental home and two large detached garages, which can be repurposed or demolished to accommodate new construction. A substantial gravel parking area behind the home provides ample space and access to the garages. This property adjoins an additional available acre site with a shared curb cut, offering potential for expansion or synergistic development. The Butterfield Commercial Corridor is strategically located to serve Mundelein, Vernon Hills, and Libertyville. The City of Mundelein may offer business incentives. Please note that the tenant should not be disturbed. The lot size is approximately 41,210 square feet.

    Property profile
    Verified
    Property type Land
    Lot 0.95 ac (41,382 SF)
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 950 Butterfield Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message