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Price cut: $76,000
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Land · Mundelein, IL
$799,000$875,000
beds · baths
28884 N IL Route 83 Street, Mundelein, IL, 60060
A brick-and-mortar place to make your own — room to make it home.
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What’s special

5.00-acre lot
Exceptional 5-acre vacant lot in a prime, high-visibility location with fantastic frontage and direct access to Route 83, as well as immediate proximity to the Rt 83/Rt 60 intersection-offering outstanding exposure and convenience for future development. Zoned Residential, or C1-C4 Commercial per Ordinance No. 0-25-04-20 (approved 4/14/2025), this property presents a rare opportunity for commercial or mixed-use development in a rapidly growing area surrounded by established residential neighborhoods and active commercial corridors. The parcel includes two PINs (10-23-100-004 & 10-23-100-005), and an access road is already in place on the site. Soil testing has been completed and approved, streamlining the development process. This location is ideal for a wide variety of commercial uses and is perfectly positioned to capitalize on steady traffic flow and surrounding community demand.
— the listing agent’s description

The home

5.00-acre lot
Land

What it’ll cost

$10,231,060 taxes / yr
No HOA
Listed $875,000
Now $799,000
74 days on dwello

Estimated monthly payment

$857,069/mo
Principal & interest$4,248
Property taxes$852,588
Homeowners insurance$233
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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74 days on dwello
Price history
Price reduced
Feb 23, 2026
↓ $76,000$799,000
Listed for sale
Feb 11, 2026
$875,000
Now $76,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$10,231,060/yr
From county records — verify with the assessor.

Schools nearby

Mechanics Grove Elementary School · 1.0 mi
Mundelein High School · 1.2 mi
Fremont Middle School · 1.6 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Corey Barker · Keller Williams North Shore West
Listing last updated Apr 25, 2026 · data refreshed from the MLS Jun 17, 2026, 6:12 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:12 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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