Properties

Features
: Central Air
: Electric to Site , Natural Gas Available
Address Map
US
IL
Lake
Mundelein
60060
Il Route 176
20922
W89° 59' 45.7''
N42° 15' 47.1''
Illinois Route 176 to the property. Property is located at Route 176 and Schank Avenue. Just past muffler shop.
Ivanhoe / Mundelein
Ivanhoe / Mundelein
W
W
COMMR
Additional Information
1725
: Commercial
Circuit Breakers,Service - 101 to 200 Amps
Circuit Breakers,Service - 101 to 200 Amps
405.2 X 244.8 X 284.4 X 119.9 X35.9 X 132.4
1
1
1
Baird & Warner
Laurie Caputo
Financial
22475
Listing Information
247527
2050
MRED
Listing Information
Active
2026-06-15T15:18:08Z
2026-04-17T05:05:19Z
Property Description

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.

Commercial Sale For Sale

20922 W Il Route 176 Route, Mundelein, Illinois 60060

$1,500,000
Listing ID#12616692
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12616692
Price : $1,500,000
Year Built : 1951
Listing Status : Active
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