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1501 Townline Rd
Mundelein, IL 60060
Townline Road and Butterfield Road · Land For Sale · 4.25 AC

Investment Highlights

  • Retail Corridor
  • Property can be subdivided

Executive Summary

This is a great piece of property located minutes away from Interstate 94. The property is surrounded by roof tops and located right on Townline road in the retail corridor with high traffic counts. Property zoned M-1 General Manufacturing, however, the Comprehensive Development Plan for the village calls for general commercial use. Zoning could be easily changed for retail, medical, office or senior living.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units - Senior
  • Medical
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 4.25 AC
Zoning M-1

1 Lot Available

Lot

Price $1,750,000
Price Per AC $411,764.71
Lot Size 4.25 AC

4.25 acres located at the intersection of Townline Road and Butterfield Road. The land is unimproved with all utilities to the site.

Description

Great parcel of property for development in the heart of Vernon Hills. Many options available for redevelopment. Owner would consider selling portions of the property rather than the whole parcel. Out Lots available.

Property Taxes

Property Taxes

Parcel Number
15-05-100-019
Land Assessment
$286,510
Improvements Assessment
$0
Total Assessment
$286,510
  • Listing ID: 12155212

  • Date on Market: 4/5/2018

  • Last Updated:

  • Address: 1501 Townline Rd, Mundelein, IL 60060

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