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$349,900
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Property Description
Mundelein Commercial Development: Prime Location, Seller Financing Available - Sale or Land Lease. Capitalize on this strategic site with existing sewer infrastructure and flexible development options. Unlock your investment potential - contact Mundelein Village for zoning details and to explore purchase or lease with potential seller financing.
Full Property Details
Full Property Details for 427 E Il Route 83
General
- Price: $349,900
- Taxes: $4,552 (2022)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12318220
- Updated: 4/16/2025
- Added to Site: 321 day(s) ago
Interior
- Basement: None
Location
- Area: Ivanhoe / Mundelein
- County: Lake
- Township: Vernon
- Driving Directions: Route 83 & N to 60
School Information
- School District: 76
- Elem School District: 76
- Midd School District: 76
- High School District: 125
Heating & Cooling
- Cooling Type: None
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby
Structural Information
- Basement Desc.: None
- Square Feet: 1
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 130 x 336
- Frontage: City Street
- Frontage Feet: 130
- Street/Road Desc.: Asphalt
- Zoning: COMMR
Financial Considerations
- Tax Amount: $4,552
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 15061030070000
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Schools
Schools serving 427 E Il Route 83
School Districts:Diamond Lake School District 76, Adlai E. Stevenson High School District 125
| Name | Grades | Distance |
|---|---|---|
Diamond Lake School 25807 North Diamond Lake Road, Mundelein, IL 60060 | PK-2 | 0.3 mi |
West Oak Intermediate School 26156 North Acorn Lane, Mundelein, IL 60060 | 3-5 | 1 mi |
West Oak Middle School 26156 North Acorn Lane, Mundelein, IL 60060 | 6-8 | 1 mi |
Adlai E Stevenson High School 1 Stevenson Drive, Lincolnshire, IL 60069 | 9-12 | 3.8 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 427 E Il Route 83
Date
Details
Price
Change
Source
4/10/2025
Listed
$349,900
—
MLS
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 427 E Il Route 83
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,562
3%
$48,975
22%
2023
$4,410
2%
$40,184
3%
2022
$4,308
1%
$38,862
1%
2021
$4,282
2%
$38,443
—
2020
$4,211
1%
$38,574
—
2019
$4,181
-9%
$38,432
-8%
2018
$4,570
1%
$41,775
2%
2017
$4,511
4%
$40,800
4%
2016
$4,349
3%
$39,069
7%
2015
$4,235
-7%
$36,537
—
2014
$4,552
4%
$36,537
-7%
2013
$4,382
4%
$39,240
-2%
2012
$4,208
—
$39,987
—
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 427 E Il Route 83
427 E Il Route 83, Mundelein, IL 60060 (MLS# 12318220) is a Lots/Land property with a lot size of 1 acre. 427 E Il Route 83 is currently listed for $349,900 and was received on April 10, 2025. Want to learn more about 427 E Il Route 83? 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.

