When was property at 875 U.S. 45 built and last sold?

The property at 875 U.S. 45 was built in and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 875 U.S. 45 is $0.

What are some comparable homes to 875 U.S. 45?

There are currently no comparable homes to 875 U.S. 45.

Mundelein

60060

875-899 E US 45 Highway

$800,000

● Land - Off Market

875-899 E US 45 Highway

Mundelein, IL 60060

Studio

0 Bath

$972,661

RealtyHop Estimate

14.44%

Since Sep 1, 2021

National-US

Primary Model

About This Property

Enough frontage for 18 storefronts with a daily traffic count close to 13000! Just under 420 feet frontage situated for a very profitable investment. Multi family rezoning possible but not easily profitable due to high connection fees for sewer and costly water main issues. Better possibility is commercial incubator space where the market condition is extremely favorable. Near full occupancy in local incubator rentals. Think supply and demand. C3 Zoned, will allow for a myriad of uses. Mundelein, in response to numerous inquiries, will consider a blanket variance to allow even more tenant possibilities. Kathcon is developing plans to build an incubator project of approximately 40000 square feet of rentable space in the $9-10 per sq ft range. Don't want to eat the elephant all at once? Contact Kathcon for updated details for investor participation.

Unit Size

Days on Market

Land Size

2.99 acres

Price per sqft

Property Type

Land

Property Taxes

$2,231

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #10142408)

Price History

Date / Event	Date	Event
Aug 6, 2021	Sold	Premium
Sold
Nov 21, 2018	Listed by Kathcon Real Estate Services	$849,900
Listed by Kathcon Real Estate Services

Property Highlights

Air Conditioning

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Comparables

About Mundelein

Stats & Trends

Median Asking:

$399,990

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

Average Home Size

1910 ft²

Average Home Age

33.1 years

Currently For Sale

67 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$4,000 /mo

4 Beds
2 Baths
2,986 ft²

507 Exeter Place, Vernon Hills, IL, 60061 Listing by Jim Cacioppo

Unit for rent at 1011 Green Meadow Avenue, Vernon Hills, IL, 60061

$3,300 /mo

3 Beds
2 Baths
1,936 ft²

1011 Green Meadow Avenue, Vernon Hills, IL, 60061 Listing by Sang Han

Unit for rent at 2 Echo Court, Vernon Hills, IL, 60061

$2,100 /mo

2 Beds
1 Bath
950 ft²

2 Echo Court #2, Vernon Hills, IL, 60061 Listing by Lidia Jarmuz

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Thomas Miller, Kathcon Real Estate Services
Last Updated: 3 years ago
Data Source: MRED, MLS# 10142408

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

875-899 E US 45 Highway

About This Property

Price History

Property Highlights

Comparables

About Mundelein

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions