$1,500,000

Exceptional Mixed Use Property With Unmatched Visibility

  • 1,725 Sqft
  • Updated: Today
  • MLS#12616692

About the Property

Prime Commercial Mixed-Use Opportunity | 2.91 Acres | Mundelein, IL | $1,500,000. Rarely does a commercial opportunity this well-positioned come to market. Situated at the highly visible intersection of Route 176, Route 60/83, and Schank Road in Mundelein, Illinois, this 2.91-acre commercial mixed-use property offers an exceptional combination of location, flexibility, and immediate livability. Wi
Prime Commercial Mixed-Use Opportunity | 2.91 Acres | Mundelein, IL | $1,500,000. Rarely does a commercial opportunity this well-positioned come to market. Situated at the highly visible intersection of Route 176, Route 60/83, and Schank Road in Mundelein, Illinois, this 2.91-acre commercial mixed-use property offers an exceptional combination of location, flexibility, and immediate livability. With IDOT-reported daily traffic counts averaging 15,000 to 20,000 vehicles, your business will enjoy outstanding visibility and consistent exposure in one of the area’s most sought-after corridors. The surrounding community boasts a median household income exceeding $108,000, reflecting a strong and affluent customer base ready to support your venture. Positioned at the heart of one of Lake County’s fastest-growing markets, this property is surrounded by new and expanding residential subdivisions bringing a steady influx of new households-and new customers-directly to your doorstep. The area’s rapid residential growth is matched by a thriving and expanding retail corridor nearby, with shopping, dining, and service businesses continuing to grow and attract even more traffic to the region. Getting in now means positioning your business ahead of the curve as the community continues to flourish. The commercial mixed-use zoning unlocks a wide range of possible uses—including car wash, fast food, landscaping operations, and much more-making this an ideal canvas for a variety of entrepreneurial visions. Adding to the property’s versatility is a residential home that provides the perfect live-and-work setup. The home features two generously sized bedrooms, a full kitchen, a large bathroom, and an unfinished full basement with laundry-offering ample room to expand and customize. A large garage adjacent to the home provides convenient storage for vehicles and equipment. The separate office building allows you to work right by your home and literally walk a few steps home. Whether you’re an owner-operator looking to plant roots, an investor seeking high-visibility commercial land, or an entrepreneur ready to build your next venture-this property checks every box. Seize this rare opportunity to own a high-traffic, strategically located commercial asset right in the path of Mundelein’s exciting growth.
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  • Property type

    Other

  • Year built

    1951

  • Price/sqft

    $869

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20922 W Il Route 176 Mundelein IL 60060, Illinois, United States View on Google Maps
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Laurie Caputo

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Laurie Caputo
Illinois, United States
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Baird & Warner
Baird & Warner
120 S. LaSalle Street, Suite 2000, 60603-3564, Chicago, Illinois, United States
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Established in 1855, Baird & Warner is Illinois’ largest independent real estate services company. The Baird

Established in 1855, Baird & Warner is Illinois’ largest independent real estate services company. The Baird & Warner brand has been synonymous with experience, innovation, and integrity since it’s founding. Steve Baird, the firm’s fifth-generation owner, has been consistently recognized among the industry’s most influential leaders. Baird & Warner operates 28 sales offices serving Illinois, Wisconsin, Indiana and South Florida, and a full-service relocation department serving clients globally.


Baird & Warner is perennially named as a Top Workplace in Chicagoland by the Chicago Tribune. With in-house Key Mortgage, Title, and relocation services, Baird & Warner is truly a one-stop-shop for all real estate solutions.

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Last updated
Today
First listed
September 25
Listing reference
8215e926-361f-11f1-b7af-6045bdd61ac4
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