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    Vernon Hills, IL Apartment Buildings for Sale

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    Long Grove, IL Mundelein, IL Lincolnshire, IL
    Vernon Hills Multifamily Investment Opportunity
    $699,900
    8,326 SF

    Vernon Hills Multifamily Investment Opportunity

    630 Westmoreland Drive, Vernon Hills, IL 60061

    Five-unit apartment building in a desirable Vernon Hills location.

    • Located in the highly desirable suburb of Vernon Hills.
    • Well‑maintained five‑unit apartment building.
    • Strong long‑term investment fundamentals.
    • Proximity to major employment centers.
    • Nationally ranked school systems.
    Updated: Feb 4
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waukegan Multifamily Investment Opportunity
    $519,000
    0.70 Acres

    Waukegan Multifamily Investment Opportunity

    Five-unit property with income and potential for increased cash flow.

    1425 10th Street, Waukegan, IL 60085
    View details
    Prospect Heights Multifamily Investment Opportunity
    $849,788
    3,376 SF

    Prospect Heights Multifamily Investment Opportunity

    Multifamily property in Prospect Heights, IL, ideal for investors.

    512 Piper Lane, Prospect Heights, IL 60070
    View details
    Mixed-Use Building in Waukegan
    $449,900
    0.16 Acres

    Mixed-Use Building in Waukegan

    Mixed-use building with restaurant and apartments in active commercial area.

    818 10th Street, Waukegan, IL 60085
    View details
    Spacious Condo in Lake Run
    $180,000
    1,250 SF

    Spacious Condo in Lake Run

    Oversized 2-bed, 2-bath unit with amenities in Prospect Heights.

    16 E Old Willow Road #202S, Prospect Heights, IL 60070
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details

    Vernon Hills, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 8,326 square feet of properties for sale, with an estimated market value of $699,900.

    Sale prices for two-family homes in Vernon Hills, IL start at $699,900, averaging $699,900, and reaching up to $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 28K
    Population Growth (5Y) +3.3%
    Median Household Income $121,588
    College Educated 97.4%

    High-Yield Neighborhoods for Investment

    Identify Vernon Hills submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60061 $699.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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