Incredible Re-Development Opportunity in Mundelein, IL
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Minimum Bid: $199,900
Buyer’s Premium: 6%
Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added)
Lot Size: Approx. .6 Acres
Building Size: Approx. 2986.5 SF
2019 Taxes: $5,888.66
PIN #: 1130100021
Zoning: C5 MU; TIF 2 District
Just re-listed to the market. Approximately .6 acres (24,829 sf) of land. located in downtown Mundelein in a high traffic location. Currently zoned C5 MU; (downtown mixed use district) and is in a TIF 2 District (adopted in 2016). Many other commercial businesses surround this property, including a McDonalds (across the street) and other restaurants, dry-cleaners and gas stations. Mundelein is a growing downtown area and this land is ideal for re-development.
There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops or added parking for your neighboring business.
Pre-Auction Bids Highly Encouraged!
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Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||September 22, 2021 11:00 am CDT|
Bidding Starts: September 22, 2021 11:00 am CDT
Bidding Ends: September 24, 2021 11:00 am CDT
Location: 167 Seymour Street, Mundelein, IL, 60060
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Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
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BID APPROVAL PROCESS:
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There is a 6% Buyer's Premium in effect for this auction.
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