Vernon Hills, IL Commercial Real Estate for Sale

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Commercial Land Along High-Traffic Corridor
Updated: Nov 6, 2025
Commercial Land Along High-Traffic Corridor

25043 N Il Route 21, Vernon Hills, IL 60061

$1,999,000
1.22 AC lot
1.22‑acre commercial land parcel
Approximately 22,000 vehicles per day along the corridor
Located just south of Brookdale Plaza
Interstate access supports customer, employee, and vendor travel
Established commercial development surrounds the site
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Single-Tenant Ground Leased Restaurant
Updated: Jun 1
Single-Tenant Ground Leased Restaurant

151 E Townline Rd, Vernon Hills, IL 60061

$3,578,947
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.
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Freestanding Flex Space with Showroom
Freestanding Flex Space with Showroom

195 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
9,500 sqft

Freestanding commercial facility combining showroom, workshop, office, and service-oriented areas along an established retail corridor.

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General Commercial Land Parcel
General Commercial Land Parcel

Vernon Hills, IL 60061

$1,450,000
4.80 AC lot

Two adjacent parcels totaling about 4.8 acres offer general commercial zoning and utilities to the site.

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Retail Space in Vernon Hills
Retail Space in Vernon Hills

850 N Milwaukee Avenue |, Vernon Hills, IL 60061

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13,885 sqft

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

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Vernon Hills Retail Opportunity
Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

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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

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86,122 sqft

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

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Commercial Land with Signalized Access
Commercial Land with Signalized Access

1750 North Milwaukee Avenue, Vernon Hills, IL 60061

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48,352 sqft

Outparcel positioned within an established retail setting with access to prominent national and regional shopping anchors.

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Four-Story Multi-Tenant Office Building
Four-Story Multi-Tenant Office Building

75 N Fairway Dr, Vernon Hills, IL 60061

Contact for pricing
189,686 sqft

Full-service café, abundant surface parking, and 100% occupancy with two corporate tenants and lease commitments through 2031.

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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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Staples Retail NNN Property
Staples Retail NNN Property

1600 N Milwaukee Ave, Vernon Hills, IL 60061

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19,150 sqft

Fee-simple retail NNN asset with Staples on an NN lease and about 13.6 years of primary term remaining.

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Commercial Land with Direct Access
Commercial Land with Direct Access

24857 Milwaukee Avenue, Vernon Hills, IL 60061

$2,200,000

Commercial land offering direct Milwaukee Ave access at a controlled intersection in Vernon Hills.

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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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Versatile Flex and Industrial Suites
Versatile Flex and Industrial Suites

Lakeview Pkwy and Fairway Drive, Vernon Hills, IL 60061

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151,925 sqft

Office, flex, and industrial suites with expansion potential.

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Prime Retail Land For Sale
Prime Retail Land For Sale

1820 N Milwaukee Ave, Vernon Hills, IL

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6.10 AC lot

Commercial land with high visibility and flexible development options.

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Vernon Hills Commercial Land Parcel
Vernon Hills Commercial Land Parcel

1252 US-45, Vernon Hills, IL 60061

Contact for pricing
0.82 AC lot

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

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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 Unit with Private Bath
Office Unit with Private Bath

708 Florsheim Dr Unit 106, Libertyville, IL 60048

$202,900
1,104 sqft

Multi-room office layout includes reception, kitchen, and dedicated copy/fax area.

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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.

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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.

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C2-Zoned Commercial Land
C2-Zoned Commercial Land

1290 S Butterfield Road, Mundelein, IL 60060

$399,000

Vacant commercial land with C2 zoning, interstate access, and established retail anchors nearby.

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

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

151 Townline Rd, Vernon Hills, IL 60061-1465

Estimated value:
$460,000
1.55 AC lot
View details
401 Sullivan Dr
COMMERCIAL (GENERAL)

401 Sullivan Dr, Vernon Hills, IL 60061-1959

Estimated value:
$450,000
1.94 AC lot
View details
560 Bunker Ct
COMMERCIAL (GENERAL)

560 Bunker Ct, Vernon Hills, IL 60061-1842

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

875 Woodlands Pkwy, Vernon Hills, IL 60061-4168

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

371 Townline Rd, Vernon Hills, IL 60061-4336

Estimated value:
$1,700,000
1.34 AC lot
View details
915 Ct Of Shorewood
COMMERCIAL (GENERAL)

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

Estimated value:
$395,000
2,826 sqft
View details
2 Phillip Rd
VACANT COMMERCIAL LAND

2 Phillip Rd, Vernon Hills, IL 60061-1824

Estimated value:
$7,520,000
2.06 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 16 active listings on our real estate platform. These investment opportunities span a total of 690,463 square feet of properties for sale, with an estimated market value of $9,227,947.

Sale prices for business properties in Vernon Hills, IL start at $1,450,000, averaging $2,306,986, and reaching up to $3,578,947 — 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 $1.8M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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