This commercial land parcel is located in a signalized area in the Mundelein/Ivanhoe area. The site is positioned across from a Starbucks and near a shopping center anchored by Home Depot and Target. The property is within the vicinity of a master-planned residential community that includes more than 3,200 homes, townhomes, stores, apartments, and other amenities, which supports retail and restaurant-oriented uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$10k

Tax billed · 2023

Assessed value$109k

Assessed land$82k

Assessed improvement$27k

Effective rate8.96%

Value estimate

· Nov 2026

$705k

$635k – $776k

AI approach$725k

Submarket $/SF estimate$409k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$139/SF

Submarket average, outlier-cleaned · 401 recorded sales of this use type

Observed band · Q1–Q3$75 – $250

Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?

Best fit: Electrical Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Electrical Service8.9

Auto Parts Store8.7

Locksmith8.6

20924 Park Ave Mundelein, IL 60060-9107

County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 3 properties nearby

Address Sale price Sold Size

20922 Il Rte 176, Mundelein, IL 60060-9541 $500,000 Oct 2022 568 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$440,000

1,720 SF

219 Maple Ave

OFFICE/RESIDENTIAL (MIXED USE)

219 Maple Ave, Mundelein, IL 60060-1738

View Details
Value Estimation
$190,000

1,411 SF

2201 Midlothian Rd

OFFICE/RESIDENTIAL (MIXED USE)

2201 Midlothian Rd, Mundelein, IL 60060-1035

View Details
Value Estimation
$505,000

568 SF

20922 Il Rte 176

OFFICE/RESIDENTIAL (MIXED USE)

20922 Il Rte 176, Mundelein, IL 60060-9541

View Details

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Includes: Price & PSF · Cap rate · Location · Zoning

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20924 Park Ave Mundelein, IL 60060

Property summary