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    Vernon Hills, IL

    Vernon Hills, IL Commercial Real Estate for Sale

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    Long Grove, IL Mundelein, IL Lincolnshire, IL
    13 properties
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    Commercial Land on Milwaukee Avenue
    Updated: Nov 6, 2025
    Commercial Land on Milwaukee Avenue

    25043 N Il Route 21, Vernon Hills, IL 60061

    $1,999,000
    1.22 AC lot
    1.22‑acre commercial lot on high‑traffic Milwaukee Ave (approx. 22,000 vehicles per day).
    Exceptional exposure and visibility due to location south of Brookdale Plaza and established commercial presence.
    Versatile location suitable for medical, professional office, retail, service business, or lodging (verify zoning).
    Strategic location in a well‑developed area with high‑traffic convenience and accessibility.
    Easy interstate access for customers, employees, and vendors.
    View details
    Single-Tenant Ground Leased Restaurant
    Updated: May 28
    Single-Tenant Ground Leased Restaurant

    151 E TOWNLINE RD, Vernon Hills, IL 60061

    $3,695,652
    3,454 sqft
    Single‑tenant Raising Cane’s property with a new 15‑year triple‑net ground lease through May 2041.
    Lease features zero landlord responsibilities, with 10% rental escalations throughout the primary term.
    Signed May 2041 lease also includes five 5‑year renewal options.
    Construction completed May 2026; rent commenced May 26, 2026.
    New 3,454 SF building on Illinois Route 60/Townline Road with 35,000 vehicles per day reported.
    View details
    Prime Land on Milwaukee Avenue
    Prime Land on Milwaukee Avenue

    55 S Milwaukee Ave, Vernon Hills, IL

    $2,200,000
    2.21 AC lot

    2.21 acres of land for sale on Milwaukee Avenue.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Retail Space in Vernon Hills
    Retail Space in Vernon Hills

    850 N Milwaukee Avenue |, Vernon Hills, IL 60061

    Contact for pricing
    13,885 sqft

    Multi-tenant outlot building with high visibility and redevelopment potential.

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    Land Near Vernon Hills Metra
    Land Near Vernon Hills Metra

    59 E US Highway 45, Vernon Hills, IL 60061

    Contact for pricing
    7 sqft · 7.00 AC lot

    7-acre commercial land near Metra station and Route 45.

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    Vernon Hills Retail Opportunity
    Vernon Hills Retail Opportunity

    1720 N Milwaukee Ave, Vernon Hills, IL 60061

    Contact for pricing
    71,248 sqft

    High-volume retail location with long-term lease and investment-grade guarantee.

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    Vernon Hills Single-Story Office Building
    Vernon Hills Single-Story Office Building

    565 Lakeview, Vernon Hills, IL 60061

    Contact for pricing
    86,122 sqft

    86,122 SF office building suitable for general and medical use.

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    Prime Retail Land For Sale
    Prime Retail Land For Sale

    1820 N Milwaukee Ave, Vernon Hills, IL

    $2,133,499
    6.10 AC lot

    Commercial land with high visibility and flexible development options.

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    Vernon Hills Commercial Land Available
    Vernon Hills Commercial Land Available

    1760 N Milwaukee Ave, Vernon Hills, IL

    $996,304
    1.50 AC lot

    Commercial land with flexible development options in high-traffic area.

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    Air-Conditioned Warehouse in Industrial Park
    Air-Conditioned Warehouse in Industrial Park

    1011 WOODLANDS PKWY, Vernon Hills, IL 60061

    Contact for pricing
    97,134 sqft

    Fully air-conditioned warehouse with high visibility access on Route 45 and a generator for uninterrupted operations.

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    Versatile Flex and Industrial Suites
    Versatile Flex and Industrial Suites

    Lakeview Pkwy and Fairway Drive, Vernon Hills, IL 60061

    Contact for pricing
    151,925 sqft

    Office, flex, and industrial suites with expansion potential.

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    Vernon Hills Commercial Land Parcel
    Vernon Hills Commercial Land Parcel

    1252 US-45, Vernon Hills, IL 60061

    $850,000
    0.82 AC lot

    0.82-acre vacant land parcel zoned B-1 for General Business.

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    Retail Outlot Opportunity Near Mall
    Retail Outlot Opportunity Near Mall

    445 E Townline Rd, Vernon Hills, IL 60061

    Contact for pricing

    Rare retail outlot for sale in strong retail market.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Office Condominium Suite with Private Bath
    Office Condominium Suite with Private Bath

    708 Florsheim Drive, Libertyville, IL 60048

    $204,900

    Well-appointed office layout includes kitchenette, reception/copy area, and a private bath.

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    Commercial Land in High-Traffic Area
    Commercial Land in High-Traffic Area

    1290 S Butterfield Road, Mundelein, IL 60060

    $399,000

    C2-zoned vacant lot near I-94 and Route 60.

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    Class A Medical Office Campus
    Class A Medical Office Campus

    1800 & 1900 Hollister Dr, Libertyville, IL 60048

    Contact for pricing
    92,000 sqft

    Two-building medical campus near Advocate Condell Medical Center.

    View details
    Industrial Land in Established Park
    Industrial Land in Established Park

    927 Tower Road, Mundelein, IL 60060

    Contact for pricing
    3.92 AC lot

    3.92-acre industrial property with utilities and completed due diligence.

    View details

    Off-Market Properties in Vernon Hills, IL

    Consider similar Off-Market properties in Vernon Hills, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    680 Woodlands Pkwy
    VACANT COMMERCIAL LAND

    680 Woodlands Pkwy, Vernon Hills, IL 60061-3102

    $39,495,000
    Estimated value
    0.70 AC lot
    View details
    151 Townline Rd
    COMMERCIAL (GENERAL)

    151 Townline Rd, Vernon Hills, IL 60061-1465

    Value Estimation by Request
    1.55 AC lot
    View details
    401 Sullivan Dr
    COMMERCIAL (GENERAL)

    401 Sullivan Dr, Vernon Hills, IL 60061-1959

    $1,700,000
    Estimated value
    1.94 AC lot
    View details
    560 Bunker Ct
    COMMERCIAL (GENERAL)

    560 Bunker Ct, Vernon Hills, IL 60061-1842

    $7,885,000
    Estimated value
    3.82 AC lot
    View details
    875 Woodlands Pkwy
    COMMERCIAL (GENERAL)

    875 Woodlands Pkwy, Vernon Hills, IL 60061-4168

    $12,950,000
    Estimated value
    6.90 AC lot
    View details
    371 Townline Rd
    COMMERCIAL (GENERAL)

    371 Townline Rd, Vernon Hills, IL 60061-4336

    $1,880,000
    Estimated value
    1.34 AC lot
    View details
    915 Ct Of Shorewood
    COMMERCIAL (GENERAL)

    915 Ct Of Shorewood, Vernon Hills, IL 60061-2541

    $610,000
    Estimated value
    2,826 sqft
    View details
    2 Phillip Rd
    VACANT COMMERCIAL LAND

    2 Phillip Rd, Vernon Hills, IL 60061-1824

    $7,520,000
    Estimated value
    2.06 AC lot
    View details
    209 Butterfield Rd
    COMMERCIAL (GENERAL)

    209 Butterfield Rd, Vernon Hills, IL 60061-1958

    Value Estimation by Request
    1.57 AC lot
    View details
    820 Frst Edge Dr
    VACANT COMMERCIAL LAND

    820 Frst Edge Dr, Vernon Hills, IL 60061-3105

    $855,000
    Estimated value
    0.46 AC lot
    View details
    820 Frst Edge Dr
    VACANT COMMERCIAL LAND

    820 Frst Edge Dr, Vernon Hills, IL 60061-3105

    Value Estimation by Request
    0.46 AC lot
    View details

    Vernon Hills, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Vernon Hills, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 3,454 square feet of properties for sale, with an estimated market value of $3,695,652.

    Sale prices for business properties in Vernon Hills, IL start at $3,695,652, averaging $3,695,652, and reaching up to $3,695,652 — 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 average listing prices of real estate assets

    Neighborhood Average Price
    60061 $1.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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