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$799,000
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Property Description
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.
Full Property Details
Full Property Details for 28884 N Il Route 83 St
General
- Price: $799,000
- Taxes: $10,231,060 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12566039
- Updated: 2/23/2026
- Added to Site: 51 day(s) ago
Location
- Area: Ivanhoe / Mundelein
- County: Lake
- Township: Fremont
- Driving Directions: Route 83 North of Route 60, West side of the road, adjacent to the Ivanhoe Community Club Park
School Information
- School District: 79
- Elem School District: 79
- Midd School District: 79
- High School District: 120
Utilities
- Onsite: Electricity Nearby, Electricity to Site, Natural Gas Nearby, Natural Gas Available, Sewer Nearby, Sewer Connected, Water Available
Structural Information
- Square Feet: 5
Lot Features
- Lot Size (Acres): 5
- Lot Size Range: 5.0 to 5.99 Acres
- Lot Dimensions: 217800
- Frontage: State Road
- Frontage Feet: 495
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Condominium, Multi-Family, Single Family
- Zoning: COMMR
- Lot Description: Level
Financial Considerations
- Tax Amount: $10,231,060
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10231000040000
Listed by Keller Williams North Shore West
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Schools
Schools serving 28884 N Il Route 83 St
School Districts:Mundelein Consolidated High School District 120, Fremont School District 79
| Name | Grades | Distance |
|---|---|---|
Fremont Elementary School, Mundelein, IL 28908 North Fremont Center Road, Mundelein, IL 60060 | PK-2 | 2.9 mi |
Fremont Intermediate School 28754 North Fremont Center Road, Mundelein, IL 60060 | 3-5 | 2.9 mi |
Fremont Jr High/Middle School 28871 North Fremont Center Road, Mundelein, IL 60060 | 6-8 | 2.7 mi |
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28884 N Il Route 83 St
Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$799,000
-8.69%
MLS
2/11/2026
Listed
$875,000
191.67%
MLS
11/19/2015
Sold
$300,000
—
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 28884 N Il Route 83 St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,321
-9%
$43,735
9%
2023
$3,667
5%
$40,072
-9%
2022
$3,501
—
$43,995
4%
2021
$3,502
-15%
$42,454
3%
2020
$4,115
—
$41,286
-15%
2019
$4,115
9%
$48,512
9%
2018
$3,770
3%
$44,665
3%
2017
$3,673
2%
$43,259
5%
2016
$3,614
1%
$41,086
7%
2015
$3,589
4%
$38,517
—
2014
$3,467
3%
$38,517
6%
2013
$3,367
4%
$36,360
-3%
2012
$3,241
—
$37,432
—
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 28884 N Il Route 83 St
28884 N Il Route 83 Street, Mundelein, IL 60060 (MLS# 12566039) is a Lots/Land property with a lot size of 5 acres. 28884 N Il Route 83 Street is currently listed for $799,000 and was received on February 11, 2026. Want to learn more about 28884 N Il Route 83 Street? Do you have questions about finding other Lots/Land real estate for sale in Mundelein? You can browse all Mundelein real estate or contact a Coldwell Banker agent to request more information.

