NEC of IL Route 60/83 and Midlothian Rd, Mundelein, IL 60060

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NEC of IL Route 60/83 and Midlothian Rd is aland property located in Mundelein, IL. The property currently has 1 land for lease and is marketed by .

The Village of Mundelein is a northern suburb approximately 35 miles northwest of Chicago, located in Lake County. Over the past few years, the Village of Mundelein has rebranded and redefined itself. By fostering an exceptional quality of life, the village offers the services and amenities to support businesses, residents, and visitors alike. Often referred to as, “the Heart of Lake County,” the Village of Mundelein is well-positioned or convenient access to and from the City of Chicago and the greater Chicago Region. Furthermore, Mundelein offers outstanding educational opportunities, a strong industrial base and great housing values.
Mundelein is growth-oriented and ready to assist in development and redevelopment within the village. A flourishing downtown encourages local, regional and national businesses alike to have roots in the area. Major employers include Medline Industries with over 900 employees, Accurate Transmissions, Amcor Flexibles Healthcare, Maclean-Fogg and the University of Saint Mary of the Lake, to name a few.
The immediate market has seen recent growth in both new residential developments and retail. There are a number of new residential developments in the works including Sheldon Woods, located on IL Route 60/89 and Route 176, with plans for 192 single-family houses. There are additional planned developments that include a 182 new townhome subdivision behind Mundelein Crossings, 63 family homes in a subdivision by K. Hovnanian Homes and Lake Ridge Subdivision of 33 remaining townhomes by DR Horton homebuilders.
On the corner of IL Route 83/60 and Midlothian Road, the retailers include Walgreens, Burger King, McDonald's, Aldi, Goodwill, Wingstop and a UPS store. There is also a BMO Harris bank branch and a Kinder Care, all located on the signalized corner. Missing from the mix is a fuel station, convenience stores and other fast-casual restaurant concepts. The subject property's frontage land is ideal for additional retail. This will be a primary target marketing category or the retail development, complementing a residential and/or senior housing development well.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Land	For sale: Contact for Pricing
The subject property consists of 24 acres of raw land on the NEC of IL Route 60/83 and Midlothian Road located in Mundelein in unincorporated Lake County. The property is not currently improved. The parcel is currently zoned as R-1 Residential with a small corner zoned GC General Commercial. If this property is annexed into the Village of Mundelein, it will default to the R-1 Single-Family Residential zoning district. The property is well suited for a residential development that may include single-family homes, multi-family homes for senior living. This area is also ideal for a mixed-use development which may include some or all of these housing options. The hard corner is ideal or retail, more specifically a fuel station, convenience store, and/or fast-casual restaurant concept - particularly at the lighted intersection - and similar developments surrounding the property.  « show less The subject property consists of 24 acres of raw land on the NEC of IL Route 60/83 and Midlothian Road located in Mundelein in unincorporated...  show more » View Details The subject property consists of 24 acres of raw land on the NEC of IL Route 60/83 and Midlothian Road located in Mundelein in unincorporated Lake County. The property is not currently improved. The parcel is currently zoned as R-1 Residential with a small corner zoned GC General Commercial. If this property is annexed into the Village of Mundelein, it will default to the R-1 Single-Family Residential zoning district. The property is well suited for a residential development that may include single-family homes, multi-family homes for senior living. This area is also ideal for a mixed-use development which may include some or all of these housing options. The hard corner is ideal or retail, more specifically a fuel station, convenience store, and/or fast-casual restaurant concept - particularly at the lighted intersection - and similar developments surrounding the property. Pricing: Contact for Pricing Availability: Now Listing ID: 3349787 Save to list