Active
331 Plaza Circle
Mundelein, IL 60060
$286,000
0beds
0baths
—sqft
0.43acres
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About this home
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!
MLS Description — as provided by the listing brokerage.
The facts
Property typeLand
Lot size0.43 acres
CountyLake
MLS #MRD12462927
Days on market198
Schools
ElementaryMundelein Cons High School
Middle / JuniorMundelein Cons High School
High schoolMundelein Cons High School
Features
Utilities
Electricity NearbyNatural Gas NearbySewer Nearby
Sewer
Storm Sewer
Listed by
Coldwell Banker Commercial Real Estate Group
Leah Erickson · 815-780-7952
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/25/2026, 8:39:56 AM. All data should be independently verified.
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