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331 Plaza Cir - AREA Commercial Corner 0.88 Acres of Commercial Land Offered at $286,000 in Mundelein, IL 60060

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INVESTMENT HIGHLIGHTS

Adjacent to Metra
Bring your idea - Purchase, Land Lease, or BTS options!

Surrounded by Residential Development

EXECUTIVE SUMMARY

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 BTS shopping area on the corner could be options. Bring your dream retail or service business idea to life - all ideas will be considered!

CBC - Brochure

Allowable Uses

PROPERTY FACTS

Price	$286,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use Hospitality Bank Bar Community Center Convenience Store Daycare Center Fast Food Garden Center General Freestanding Healthcare Health Club Lodge or Meeting Hall Loft or Creative Space Medical Neighborhood Center Rehabilitation Center Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Veterinarian or Kennel
Sale Conditions	Ground Lease (Leasehold) Build to Suit	Total Lot Size	0.88 AC
No. Lots	1	Parcel Number	11-30-123-001
Property Type	Land
Zoning	C5-V - No Development Status, Planned Unit Development, Platted.

Price	$286,000
Sale Type	Investment or Owner User
Sale Conditions	Ground Lease (Leasehold) Build to Suit
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Hospitality Bank Bar Community Center Convenience Store Daycare Center Fast Food Garden Center General Freestanding Healthcare Health Club Lodge or Meeting Hall Loft or Creative Space Medical Neighborhood Center Rehabilitation Center Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Veterinarian or Kennel
Total Lot Size	0.88 AC
Zoning	C5-V - No Development Status, Planned Unit Development, Platted.
Parcel Number	11-30-123-001

1 LOT AVAILABLE

Lot 4

Price	$286,000	Lot Size	0.88 AC
Price Per AC	$325,000.00

Price	$286,000
Price Per AC	$325,000.00
Lot Size	0.88 AC

Positioned adjacent to AREA's large-scale residential development, adjacent to Metra Station and many other amenities!

DESCRIPTION

A unique opportunity in the heart of a rapidly growing corridor - the Village Center. 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.

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