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$2,850,000
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Property Description
EQUESTRIAN TRAINING FACILITY - 15 ACRES; 21 STALLS, INDOOR AND OUTDOOR ARENAS, PRIMARY RESIDENCE AND BUNKHOUSE; ZONED AG. This boutique equestrian farm offers the perfect balance of professional-grade amenities in a smaller scale operation. Every structure has been thoughtfully designed to support efficient barn management while providing comfort for both horses and people. The MAIN STALL BARN includes 19 matted stalls with tongue-and-groove construction, individual lighting, electric outlets, water hookups, and blanket bars. Select stalls offer windows, while the insulated and heated structure ensures year-round comfort. A dedicated feed and medical room and lean-to with 2 additional stalls and storage, enhance functionality. The INDOOR ARENA is 80x200 and was built by MORTON. It features quality GGT footing, three rows of lighting, two rows of fans, angled kickboards, sliding doors on both ends, and a service door. The arena connects seamlessly to a well-appointed barn complex that includes a heated and air-conditioned viewing room with kitchenette, bar seating, and half bath. The OUTDOOR ARENA is 100x200 also with GGT footing and automatic sprinkler system. Other property amenities include 4-board white PVC fencing around the perimeter, 7 fenced pastures, 2 all-weather turnouts, 2 scenic ponds and hay field. Supporting structures include a 28x64 HAY / EQUIPMENT BARN with concrete aisles, floor drains and overhead doors. A separate BUNK HOUSE APARTMENT offers 1,200 sq ft of flexible living options for employees or guests with a front porch, slate flooring, full bath, kitchenette, and sleeping spaces. The MAIN RESIDENCE is a FULLY RENOVATED BRICK RANCH featuring high-end finishes such as Viking and Sub-Zero appliances, white cabinetry, granite countertops, a farmhouse sink, hardwood floors, detailed trim, and mission-style doors. It offers a total of 2600 square feet of finished space with 3 BR / 2.5 BA. The finished basement is an excellent in-law or related living suite with a family room, kitchenette and room that could be a 4th BR. The two-car attached garage completes the home. Only 30 minutes to O'Hare International Airport and 45 -75 minutes to popular showgrounds of Silverwood, Lamplight and Ledges. Sellers have invested an additional $1,825,000 into this property since they purchased. This is a rare opportunity acquire it for less than their total investment. A detailed list of upgrades and improvements is available upon request. Own a refined yet manageable equestrian facility ideal for professional trainers or serious horse owners seeking quality, efficiency, and comfort. Easy to show...come take a look!
Full Property Details
Full Property Details for 27802 N Owens Rd
General
- Price: $2,850,000
- Taxes: $21,621 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12540009
- Updated: 1/15/2026
- Added to Site: 16 day(s) ago
Rental Information
- Complex Features: Horse-Riding Area, Lake, Street Paved
Interior
- Basement: Finished, F
- Interior Features: 1st-Floor Bedroom, In-Law Floorplan, 1st-Floor Bath, Walk-In Closet(s), Granite Counters
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Bar Fridge, Washer, Dryer, Stainless Steel Appliance(s), Water Softener
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Basement Baths: Yes
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 3
- Bedrooms(Blw Grade): 1
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Gravel, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Ivanhoe / Mundelein
- County: Lake
- Township: Fremont
- Driving Directions: From Mundelein head North on N Lake Street, turn left onto IL-176 and continue for about 3.8 miles, turn left onto N Gilmer Road, then right onto N Owens Road, property will be on your right.
School Information
- School District: 79
- Elem School District: 79
- Midd School District: 79
- High School District: 120
- High School: Mundelein Cons High School
- Private School: Mundelein Cons High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Doors: Panel Door(s)
- Sub-Flooring: Hardwood
- Square Feet: 2,372
- Sq. Ft. Source: Assessor
- Year Built: 1961
- Built Before 1978: Yes
Additional Structures
- Other Structures: Barn(s), Guest House, Outbuilding, Stable(s), Arena, Corral(s), Indoor Riding Ring, Outdoor Riding Ring, Storage
Lot Features
- Lot Size (Acres): 15.4
- Lot Size Range: 10 or More Acres
- Lot Dimensions: 750 x 690 x 1267 x 499 x 263
- Fence: Yes
- Lot Features: Pasture
- Potential Use: Horses
- Fencing (Description): Partial
Horse Property
- Horse Facility Desc.: Paddocks
Water Features
- Water Front Desc.: Pond
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1961
- Tax Amount: $21,621
- Tax Year: 2024
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10284000030000
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Schools
Schools serving 27802 N Owens Rd
School Districts:Fremont School District 79, Mundelein Consolidated High School District 120
| Name | Grades | Distance |
|---|---|---|
Fremont Intermediate School 28754 North Fremont Center Road, Mundelein, IL 60060 | 3-5 | 1.7 mi |
Fremont Elementary School, Mundelein, IL 28908 North Fremont Center Road, Mundelein, IL 60060 | PK-2 | 1.8 mi |
Fremont Jr High/Middle School 28871 North Fremont Center Road, Mundelein, IL 60060 | 6-8 | 1.7 mi |
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27802 N Owens Rd
Date
Details
Price
Change
Source
1/01/2026
Listed
$2,850,000
80.95%
MLS
5/13/2022
Sold
$1,575,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 27802 N Owens Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,444
265%
$295,146
3%
2023
$6,150
100%
$286,991
241%
2022
100%
$84,233
4%
2021
-100%
$81,189
3%
2020
$4,966
—
$78,816
3%
2019
$4,966
-12%
$76,159
-10%
2018
$5,613
-5%
$84,616
15%
2017
$5,891
1%
$73,416
4%
2016
$5,846
—
$70,283
6%
2015
$5,847
17%
$66,325
—
2014
$4,994
-2%
$66,325
—
2013
$5,097
2%
$66,372
-6%
2012
$4,991
—
$70,943
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27802 N Owens Rd
27802 N Owens Road, Mundelein, IL 60060 (MLS# 12540009) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 27802 N Owens Road is currently listed for $2,850,000 and was received on January 01, 2026. Want to learn more about 27802 N Owens Road? Do you have questions about finding other Single Family real estate for sale in Mundelein? You can browse all Mundelein real estate or contact a Coldwell Banker agent to request more information.

