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Vernon Hills, IL Grocery And Convenience Stores for Sale

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Mariano's Fresh Market Investment Opportunity
Updated: Mar 27
Mariano's Fresh Market Investment Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
71,248 sqft 1.89 AC lot
Long‑term NNN lease with Mariano's (11 years remaining).
Investment‑grade guarantor: The Kroger Company (NYSE: KR).
Significant net operating income: $2,439,338 annually.
Rare 10% rental increases every 5 years during the base term and 12.5% increases during options.
Built in 2011 as a build‑to‑suit prototype for Mariano's.
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Vernon Hills Retail Opportunity
Updated: May 26
Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
71,248 sqft
Investment‑Grade Guaranty: Backed by The Kroger Company (NYSE: KR), S&P Rated BBB/Stable
Long‑Term NNN Lease: 11 years of base term remaining with four 5‑year renewal options
High‑Volume Performance: Flagship Prototype Store build‑to‑suit location
Rental Growth: Enjoy 10% base rent increases every 5 years.
$144,000 AAHI: Located within five miles of the location.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Corporate 7-Eleven Gas Station
Corporate 7-Eleven Gas Station

630 W Rand Rd, Mount Prospect, IL 60056

$3,966,761
3,245 sqft 0.76 AC lot

Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.

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Freestanding Retail Building
Freestanding Retail Building

8357 Skokie Blvd, Skokie, IL 60077

Contact for pricing
2,589 sqft 0.39 AC lot

Freestanding former convenience store with dedicated parking and two customer entrances off Main St or Skokie Blvd.

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Free-Standing 7-Eleven with Fuel
Free-Standing 7-Eleven with Fuel

630 W Rand Rd, Mount Prospect, IL 60056

Contact for pricing

Free-standing 7-Eleven convenience store with fuel stations, fully renovated in 2019 and located on a signalized corner.

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Grocery Storefront with Office Conversion
Grocery Storefront with Office Conversion

5270 Lincoln Avenue, Skokie, IL 60077

Contact for pricing
3,874 sqft

For sale grocery storefront in Skokie Village with more than 4,000 sq. ft. and an available office conversion option.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waukegan Land For Sale
Waukegan Land For Sale

1730 W Beach Road, Waukegan, IL 60087

$152,900
1.41 AC lot

1.41 acre corner lot ready for development in Waukegan.

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Prime Commercial Land in Antioch
Prime Commercial Land in Antioch

530 Main Street, Antioch, IL 60002

$680,000
0.81 AC lot

High-visibility commercial land with main road frontage near downtown Antioch.

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Melrose Park Land For Sale
Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,099,000

Commercial land available in Melrose Park, Illinois.

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Commercial Land
Commercial Land

324 S Main Street, Lombard, IL 60148

$185,000
0.31 AC lot

Commercial land zoned for B5A (COMMR) development, with access and exposure in a downtown Lombard setting.

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Vernon Hills, IL Grocery And Convenience Stores Market Trends and Statistics

Explore 2 grocery and convenience stores for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 142,496 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 6
Grocery and convenience stores 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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