875-899 E Us 45 Hwy., Mundelein, IL 60060

875-899 E Us 45 Hwy., Mundelein, IL 60060
Photo 1 of 1
$800,000
Sold on 8/06/21
Beds Baths Sq. Ft. Taxes Built
0.00 0 $26,766
On the market: 988 days
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Kathcon Real Estate Services