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    Vernon Hills, IL
    Conventional Restaurant

    Vernon Hills, IL Conventional Restaurants for Sale

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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

    $3,695,652
    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.
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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Freestanding Restaurant with Outdoor Seating
    Freestanding Restaurant with Outdoor Seating

    260 S Milwaukee Avenue, Wheeling, IL 60090

    $799,900
    3,255 sqft 0.73 AC lot

    Fully equipped restaurant with commercial kitchen infrastructure, indoor and outdoor dining, parking, and COMMR zoning.

    View details
    Freestanding Bakery and Deli
    Freestanding Bakery and Deli

    260 S Milwaukee Avenue, Wheeling, IL 60090

    $799,900
    0.73 AC lot

    Operating restaurant property with commercial baking equipment, indoor and outdoor dining, parking, and attached support space.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    1116-1122 North Diamond Lake Road, Mundelein, IL 60060

    $1,450,000

    Includes an operating restaurant, leased convenience store, and two residential units with supporting site improvements.

    View details
    Brewery Restaurant with Patio
    Brewery Restaurant with Patio

    169 N Seymour Ave, Mundelein, IL 60060

    Contact for pricing
    8,198 sqft

    Fully built-out brewery and restaurant with indoor dining, private events, and outdoor patio service.

    View details

    Vernon Hills, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 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 $3,695,652.

    Sale prices for conventional restaurants in Vernon Hills, IL average $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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    Conventional restaurants 2

    Demographics Overview

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

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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