For Sale364d on market

427 E State Route 83

Mundelein, IL, 60060 • 60060 • Lake County

$349,900

1 acLot

Market activity

Demand and pricing signals for this listing

67 views

People checking out this listing

364 days on market

Established listing

About this home

Lot

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.

Estimated monthly payment

Based on current rates

$2,182/month

Principal & Interest$1,715

Property Tax$350

Insurance$117

Down payment20% ($69,980)

3%50%

Est. 6.20% rate · 30yr fixed · $279,920 loan

Full calculator →

At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land

Systems

CoolingNone

Parking & Outdoor

BasementNone

Lot1 Acres

Location & Tax

Neighborhood60060

ZoningCOMMR

Annual tax$4,552

Parcel1506103007

Features & details

2 categories of property features

Interior Features

Cooling

None

Exterior Features

Utilities

Electricity Nearby

Natural Gas Nearby

Listing insights

Market data and value estimates

StatusFor Sale

Days on market364

Tax rate2.60%

On marketApr 10, 2025

PostedApr 10, 2025

Last sold$24,001

MLS statusActive

MLS updatedMar 25, 2026

Tour days6

How are the schools in Mundelein?

3 schools rated nearby

N/A

Diamond Lake School

Primary • Public • PK-2

0.3 mi

West Oak Middle School

Middle • Public • 6-8

1.0 mi

Adlai E Stevenson High School

High • Public • 9-12

3.8 mi

Location

Mundelein, IL, 60060

Expand map

Price history

13 events

DateEventPrice$/sqftSource

Apr 10, 2025Listed For Sale$349,900—MRED as distributed by MLS GRID

Jul 20, 2016Listing Removed$324,900—Baird & Warner

Jun 19, 2016Price Change$324,900—Baird & Warner

Apr 9, 2016Price Change$327,900—Baird & Warner

Jan 19, 2016Listed For Sale$329,000—Baird & Warner

Oct 13, 2015Sold$24,001—MRED as distributed by MLS GRID

Aug 21, 2015Listed For Sale$45,500—Ryan Hill Realty

Jul 10, 2015Listing Removed$45,500—Homepath

Jul 7, 2015Price Change$45,500—Homepath

May 31, 2015Price Change$64,900—Homepath

Mar 31, 2015Price Change$74,900—Ryan Hill Realty, LLC

Feb 24, 2015Listed For Sale$83,000—Ryan Hill Realty, LLC

Sep 27, 2004Sold$330,000—Public Record

Listed For Sale$349,900

Apr 10, 2025•MRED as distributed by MLS GRID

Listing Removed$324,900

Jul 20, 2016•Baird & Warner

Price Change$324,900

Jun 19, 2016•Baird & Warner

Price Change$327,900

Apr 9, 2016•Baird & Warner

Listed For Sale$329,000

Jan 19, 2016•Baird & Warner

Sold$24,001

Oct 13, 2015•MRED as distributed by MLS GRID

Listed For Sale$45,500

Aug 21, 2015•Ryan Hill Realty

Listing Removed$45,500

Jul 10, 2015•Homepath

Price Change$45,500

Jul 7, 2015•Homepath

Price Change$64,900

May 31, 2015•Homepath

Price Change$74,900

Mar 31, 2015•Ryan Hill Realty, LLC

Listed For Sale$83,000

Feb 24, 2015•Ryan Hill Realty, LLC

Sold$330,000

Sep 27, 2004•Public Record

Tax history

22 years of records

YearTax paidAssessed value

Apr 10, 2023$4,562$48,975

Apr 10, 2022$4,410$40,184

Apr 10, 2021$4,308$38,862

Apr 10, 2020$4,252$38,574

Apr 10, 2019$4,181$38,432

Apr 10, 2018$4,478$41,775

Apr 10, 2017$4,478$40,800

Apr 10, 2016$4,235$39,069

Apr 10, 2015$4,552$36,537

Apr 10, 2014$4,382$39,240

Apr 10, 2012$4,208$39,319

Apr 10, 2011$3,753$40,742

Apr 10, 2010$3,773$43,239

Apr 10, 2009$3,795$45,635

Apr 10, 2008$3,496$42,484

Apr 10, 2006$6,206$40,783

Apr 10, 2005$5,992—

Apr 10, 2004$3,866—

Apr 10, 2003$4,068—

Apr 10, 2002$3,968—

Apr 10, 2001$4,039$60,788

Apr 10, 2000$4,142$57,047

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Neighborhood details

Local context around this listing

Mundelein, IL • Lake County

Nearby cities

AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills

Nearby zip codes

6004760049

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Value estimates

Live

30yr rate est.6.20%

Affordability$2,597/mo

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Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)

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