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AREA;s Commercial Development Opportunity

$286,000

331 Plaza Circle Lot 4, Mundelein, IL 60060

Active
Last Updated: 10/15/2025

0.88 acres

Lot Area

C5-V

Zoning

Details:
Lot Area:    0.88 acres
Zoning:    C5-V
MlsNumber:    12462927
Highlights:
  • Lot Dimension: 220x120x165x106
  • Tax Roll Number: 11301230010000
  • Water: Municipal Water
  • Lot Size: 1/2 - 1 Acre
  • Sewer: City
Description:

From the North take I-94 S to IL-60 W (Townline Rd), turn right on Hawley St, right on Plaza Circle. From the South/ORD take I-94 W to IL-60 W (Townline Rd) follow to Hawley St, right on Plaza Circle. From the West take IL-120 E to IL-60 E, left on Hawley St, right on Plaza Circle. From the East take IL-60 W (Townline Rd), right on Hawley St, right on Plaza Circle. The plaza is just off Hawley Street near IL-60/Townline Rd, in central Mundelein.

Property subject to offer! A unique opportunity in the heart of a rapidly growing corridor - the Village Center. Positioned adjacent to AREA's large-scale residential development, this site benefits from strong built-in demand, daily traffic, and immediate community visibility. The project is just north of the City Government office and adjacent to the North Central Metra train station. Surrounded by nearby residential development and a commercial corridor, this property is perfect for personal services, retail, or a restaurant. The property is flexible in structure - available for purchase, ground lease, or as part of a larger commercial development project in collaboration with the Village of Mundelein through a potential public/private partnership. Its location within an active redevelopment zone and TIF District makes it especially attractive for retail, personal services, or mixed-use concepts seeking to align with the village's long-term growth strategy. Pricing is provided as guidance for interested buyers but land lease or a lease option within a shopping area on the corner could be options. Bring your dream retail or service business idea to life - all ideas will be considered!


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Listing ID: c002df5a-1eff-4535-bfa4-df1dea49f377
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