Listing provided courtesy of Coldwell Banker Commercial Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12462927
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Request Info331 Plaza CircleMundelein, IL 60060
Vacant Land · 0.43 Acres$286,000
Active
331 Plaza Circle Overview
- Time on Site:
- 263 days
- Visits:
- 5
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!
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331 Plaza Circle Facts & Features
- Type Vacant Land
- Lot 0.43 Acres
Details
General
School Information
- School District: 120
- Elementary School: Mundelein Cons High School
- Middle Or Junior School: Mundelein Cons High School
- High School: Mundelein Cons High School
Income/Expenses
- Existing Lease Type: Net
Business Information
- Current Use: Development,Platted
Location/Region
- County Or Parish: Lake
- MLS Area Major: Ivanhoe / Mundelein
- Township: Libertyville
Tax Information
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 11301230010000
- Possible Use: Commercial,Office,Recreational,Retail,Special Use
- Property Type: Land
- Special Listing Conditions: Third Party Approval
- Zoning: COMMR
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: None
- Laundry Features: None
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Additional Parcels: No
- Frontage Length: 220
- Frontage Type: City Street,Public Road
- Lot Size Acres: 0.43
- Lot Size Dimensions: 220x110x165x96
- Road Surface Type: Concrete
- Water Source: Municipal Water
Waterfront/View
- Waterfront: No
General Information
- Sewer: Storm Sewer
- Utilities: Electricity Nearby,Natural Gas Nearby,Sewer Nearby
331 Plaza Circle Neighborhood
Community
60060 (Mundelein) Demographics
39
Median Age
1,500
Population Density (per sq. mile)
50%
College Educated
$93,905
Estimated Median Income
9,912
Estimated Total Home Owners
3,128
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.331 Plaza Circle Monthly Cost
331 Plaza Circle Market Data
Based on the last 30 days in this zip code
$515,041
Average List Price
$222
Average Price per Square Foot
40
Properties Sold
54
Average Days on Market
145
Properties for Sale
331 Plaza Circle History
| Date | Value | Agent |
|---|---|---|
| 10/15/2025Source: MRED | Active |
|
| 10/10/2025Source: MRED | October 10, 2025 |