Date
Details
Price
Change
Source
10/10/2025
Listed
$286,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$286,000
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Property Description
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!
Full Property Details
Full Property Details for 331 Plaza Cir
General
- Price: $286,000
- Taxes: (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12462927
- Updated: 10/16/2025
- Added to Site: 103 day(s) ago
Interior
- Basement: None
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Location
- Area: Ivanhoe / Mundelein
- County: Lake
- Township: Libertyville
- Driving Directions: From the North take I-94 S to IL-60 W (Townline Rd), turn right on Hawley St, right on Plaza Circle. From the South/ORD take I-94 W to IL-60 W (Townline Rd) follow to Hawley St, right on Plaza Circle. From the West take IL-120 E to IL-60 E, left on Hawley St, right on Plaza Circle. From the East take IL-60 W (Townline Rd), right on Hawley St, right on Plaza Circle. The plaza is just off Hawley Street near IL-60/Townline Rd, in central Mundelein.
- Location Details: Corner, Mixed-Use Area, In City Limits, High Traffic Area
School Information
- School District: 120
- Elem School District: 120
- Midd School District: 120
- High School District: 120
- Elementary School: Mundelein Cons High School
- Middle School: Mundelein Cons High School
- High School: Mundelein Cons High School
- Private School: Mundelein Cons High School
Utilities
- Sewer: Storm Sewer
- Water: Municipal Water
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Structural Information
- Basement Desc.: None
- Square Feet: 0.88
- Current Bldg. Use: Development
Lot Features
- Lot Size (Acres): 0.88
- Lot Size (Sq. Ft.): 38,333
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 220 x 120 x 165 x 106
- Frontage: City Street, Public Road
- Frontage Feet: 220
- Street/Road Desc.: Concrete
- Potential Use: Commercial, Office, Recreational, Retail
- Zoning: COMMR
- Lot Description: Cleared, Irregular, Level
Financial Considerations
- Lease Price: $19
- Tax Year: 2024
- Pays Sewer: Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Third Party Approval
- Property ID: 11301230010000
Listed by Coldwell Banker Commercial Real Estate Group
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Listing agents
— 331 Plaza Cir —
Coldwell Banker Commercial Real Estate Group
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NMLS#: 1598647
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Schools
Schools serving 331 Plaza Cir
School Districts:Mundelein Elementary School District 75, Mundelein Consolidated High School District 120
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Mundelein, IL 122 South Garfield Avenue, Mundelein, IL 60060 | K-2 | 0.6 mi |
Mechanics Grove Elementary School 1200 North Midlothian Road, Mundelein, IL 60060 | 3-5 | 1.5 mi |
Carl Sandburg Middle School, Mundelein, IL 855 West Hawley Street, Mundelein, IL 60060 | 6-8 | 0.8 mi |
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060 | 9-12 | 1.2 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 331 Plaza Cir
Tax History
Tax History for 331 Plaza Cir
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
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 331 Plaza Cir
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- Townhouse
- Active
- Updated 3 hours ago
- 3Beds
- 2Total Baths
- 1,125Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,872Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,458Sq. Ft.
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- Condo
- Active
- Updated 18 hours ago
- 2Beds
- 3Total Baths
- 1,682Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 4,237Sq. Ft.
- Lots/Land
- Active
- Updated 1 day ago
- 1.29Acres
- Townhouse
- Active
- Updated 16 hours ago
- 2Beds
- 2Total Baths
- 1,620Sq. Ft.
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331 Plaza Circle, Mundelein, IL 60060 (MLS# 12462927) is a Lots/Land property with a lot size of 0.88 acres. 331 Plaza Circle is currently listed for $286,000 and was received on October 10, 2025. Want to learn more about 331 Plaza Circle? 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.