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$899,900
875-899 East Us 45 Highway
Mundelein, IL 60060

130,244.40 SqFt Lot
2.9900 Acres
Land


Status:Active
Enough frontage for 18 storefronts with a daily traffic count close to 13000! Just under 420 feet frontage situated for a very profitable investment. Multi family rezoning possible but not easily profitable due to high connection fees for sewer and costly water main issues. Better possibility is commercial incubator space where the market condition is extremely favorable. Near full occupancy in local incubator rentals. Think supply and demand. C3 zoned, will allow for a myriad of uses. Mundelein, in response to numerous inquiries, will consider a blanket variance to allow even more tenant possibilities. Kathcon is developing plans to build an incubator project of approximately 40000 square feet of rentable space in the $9-10 per sq ft range. Don't want to eat the elephant all at once? Contact kathcon for updated details for investor participation.
Basics
Property Type:   Land
Lot Size:   130,244.40 SqFt Lot
Lot Acres:   2.9900 Acres
Neighborhood:   Ivanhoe / Mundelein
MLS#:   10142408
     
Home Features
Central Air
Schools
Dist: 125
Elem: Diamond Lake Elementary School
Sr. Adlai E Stevenson High School
   
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Listing Agent: Thomas Miller    Listing Broker: Kathcon Real Estate Services    Agent Phone: 8478123023    Broker Phone: 8478123023   

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