331 Plaza Circle, Mundelein, IL 60060

Property Description

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!

Listing Status:

Active

Listing Office:

Coldwell Banker Commercial Real Estate Group : 630-844-2222

Listing Agent:

Leah Erickson : 815-780-7952

MLS ID:

12462927

Interior

• Laundry: None
• Basement: None

Exterior

• Parking: Parking spaces: 0

Location

• Road/Access: ConcreteCity StreetPublic Road
• Originating MLS: mred
• School District: 120
• County: Lake

Lot

• Zoning: COMMR11301230010000
• Current Use: Development

Utilities

• Utilities: Electricity NearbyNatural Gas NearbySewer Nearby
• Water: Municipal Water
• Sewer: Storm Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Leah Erickson, Coldwell Banker Commercial Real Estate Group