27802 N Owens Rd
Mundelein, IL 60060
Equestrian Training Facility in Mundelein IL · Land For Sale · 14.80 AC

Excellent agricultural, equestrian or development land for sale in scenic Mundelein. 14.8 ACRES. Come build your custom dream home and bring the horses, or redevelop to a modern residential community with 40 lots. Lot size is 646,910 SQ FT. The dimensions are 748X762X1264X691. Zoning is Lake County Unincorporated - Zoning AG. This property is a great candidate for a private or public stable or farm. It can be utilized for equestrian use or raising, training and housing horses, cows, alpacas, chickens or other livestock. The property features an indoor stable with 20 horse stalls and an outdoor stable which can hold 8 horses with multiple paddocks. There is a large storage shed with two garage doors for easy entry and access and a covered outside storage area. The property is fully fenced. If dogs are your game, then this property can accommodate them as well. The property features a doghouse with kennels. It is able to house about 20 dogs and has an interior half bathroom and a large dog run area. The barn and animal use buildings have been updated fully in 2018! Also featured on the property is a nicely updated 1336 sq. ft. ranch home with 3+1 bedrooms and 2.1 bathrooms. There is a combined living and dining area great for entertaining. The home also features a modern, updated kitchen with stainless steel appliances, Sub Zero refrigerator, Viking oven with 6 burner cooktop and built-in grill, and subway tile backsplash. There are two bedrooms, an office/3rd bedroom, and 1.1 bathrooms on the main level. The modern finished basement has a 4th bedroom, full bath, a recreation room with a wet bar, laundry room, and tons of storage space. Behind the stable building, there is an extra parking area for vehicles and trailers and the house has a 2.5 car attached garage. Ownership has spent $700K in updates/additions to house and buildings, and the property can provide about $35,000 a month in additional income, with horse stall rentals, dog kennel use and income from crops and agricultural use.