Vernon Hills, IL Commercial Real Estate for Sale

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Long Grove, IL Mundelein, IL Buffalo Grove, IL Hawthorn Woods, IL Prairie View, IL Lincolnshire, IL Libertyville, IL Lake Forest, IL

19 properties

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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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Updated: Jul 21

General Commercial Waterfront Land

Vernon Hills, IL 60061

$1,450,000

4.80 AC lot

Approximately 4.8 acres across two adjacent parcels
Zoned General Commercial with use for retail, hospitality, restaurant, medical, and other commercial uses
Utilities to site: electric to site; natural gas available
Overlooks the Des Plaines River
Existing house on the property is conveyed "AS IS"

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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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NNN Ground Lease Property

151 E Townline Rd, Vernon Hills, IL 60061

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3,454 sqft

New construction offering a long-term ground lease with an NNN structure and no landlord responsibilities.

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Single-Tenant Ground Leased Restaurant

151 E TOWNLINE RD, Vernon Hills, IL 60061

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3,454 sqft

Raising Cane’s is secured by a new 15-year triple-net ground lease through May 2041 with zero landlord responsibilities.

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Mariano's Fresh Market Investment Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

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71,248 sqft 1.89 AC lot

Single-tenant NNN leased grocery asset with long-term lease.

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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

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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Four-Story Multi-Tenant Office Building

75 N Fairway Dr, Vernon Hills, IL 60061

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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

1011 WOODLANDS PKWY, Vernon Hills, IL 60061

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97,134 sqft

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

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Office Building

401 W. Sullivan Drive, Vernon Hills, IL 60061

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11,762 sqft

Office building offering 11,762 SF for sale.

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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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Land Near Vernon Hills Metra

59 E US Highway 45, Vernon Hills, IL 60061

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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

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

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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General Commercial Land Parcel

24803 N Milwaukee Avenue, Vernon Hills, IL 60061

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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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Mixed-Use Business Park Campus

1000 Corporate Woods Pkwy, Vernon Hills, IL 60061

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A largely developed mixed-use campus with office and light industrial/distribution space and multiple major tenants.

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Vernon Hills Commercial Land Parcel

1252 US-45, Vernon Hills, IL 60061

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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

445 E Townline Rd, Vernon Hills, IL 60061

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Rare retail outlot for sale in strong retail market.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Vernon Hills, IL, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

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.

VACANT COMMERCIAL LAND

680 Woodlands Pkwy, Vernon Hills, IL 60061-3102

$39,495,000

Estimated value

0.70 AC lot

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COMMERCIAL (GENERAL)

151 Townline Rd, Vernon Hills, IL 60061-1465

$460,000

Estimated value

1.55 AC lot

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COMMERCIAL (GENERAL)

401 Sullivan Dr, Vernon Hills, IL 60061-1959

$450,000

Estimated value

1.94 AC lot

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COMMERCIAL (GENERAL)

560 Bunker Ct, Vernon Hills, IL 60061-1842

$7,885,000

Estimated value

3.82 AC lot

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COMMERCIAL (GENERAL)

875 Woodlands Pkwy, Vernon Hills, IL 60061-4168

$12,950,000

Estimated value

6.90 AC lot

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Vernon Hills, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Vernon Hills, IL, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 719,075 square feet of properties for sale, with an estimated market value of $3,449,000.

Sale prices for business properties in Vernon Hills, IL start at $1,450,000, averaging $1,724,500, and reaching up to $1,999,000 — 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	$1.1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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