21707 Lakeview Pkwy, Mundelein, IL 60060
This exceptional 8.71-acre commercial land parcel, located at 21707 W Lakeview Pkwy in Mundelein, Illinois (zip code 60060), presents a compelling investment opportunity. Situated in unincorporated Lake County, the property boasts an attractive asking price of $1,500,000. The land is zoned E Estate, offering significant potential for development. Utilities are already in place, with gas and electric services readily available on-site. The property's substantial size and convenient location make it ideal for a variety of commercial ventures. The APN is 10-34-100-046. This prime location in Mundelein offers easy access to major transportation routes, enhancing its appeal for developers seeking a strategic foothold in a thriving market. The property's existing infrastructure significantly reduces development costs and timelines, making it an exceptionally attractive proposition for investors seeking a high-return project. Preliminary assessments suggest potential for single-family development, although further due diligence is recommended to confirm feasibility and explore other development options. This is a rare opportunity to acquire a large, well-located commercial parcel with significant upside potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.