Vernon Hills, IL Conventional restaurants for sale

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.

View details

Updated: Oct 14

Restaurant Property

545 Lakeview Parkway, Vernon Hills, IL 60061

$2,500,000

Central air conditioning
Exhaust fan
Zoned COMMR
Directions via I‑94, Townline Road and Milwaukee Avenue

View details

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Three-Unit Storefront Building

55 Barron Boulevard, Grayslake, IL 60030

$899,900

0.66 AC lot

A separate parcel provides a parking lot alongside the commercial building.

View details

Brick Mixed-Use Building

818 10th St, Waukegan, IL 60085

$449,900

4,538 sqft

Two upper-level apartments accompany a first-floor Mexican restaurant and additional commercial area.

View details

Multi-Level Restaurant and Bar

250 Center St, Grayslake, IL 60030

$3,750,000

9,165 sqft

Built-out foodservice and event property with commercial kitchen infrastructure, multiple dining areas, and outdoor patios.

View details

Mixed-Use Brick Building

818 10th Street, Waukegan, IL 60085

$449,900

0.16 AC lot

Two-level property combines a Mexican restaurant with two upstairs apartments and additional commercial space.

View details

Vernon Hills, IL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Vernon Hills, IL 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 $6,078,947.

Sale prices for conventional restaurants in Vernon Hills, IL start at $2,500,000, averaging $3,039,473, 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.

Neighborhood	Average Price
60061	$3.6M

Neighborhood

Average Price

60061

$3.6M

Vernon Hills, IL Conventional Restaurants for Sale

151 E Townline Rd, Vernon Hills, IL 60061

545 Lakeview Parkway, Vernon Hills, IL 60061