Grocery Store

Vernon Hills, IL Grocery And Convenience Stores for Sale

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Vernon Hills Retail Opportunity
Updated: May 27
Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

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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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Starbucks Investment Opportunity in Chicago
Starbucks Investment Opportunity in Chicago

6332 N Northwest Hwy, Chicago, IL 60631

$2,390,000
2,149 sqft 0.62 AC lot

Leased Starbucks in Chicago's Northside with drive-thru and parking.

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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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Grocery and Convenience Store Business
Grocery and Convenience Store Business

4132 W Peterson Avenue, Chicago, IL 60646

$145,000

Business-only sale with included equipment, fixtures, and established food and liquor operations.

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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.

Signalized Corner Commercial Land
Signalized Corner Commercial Land

1730 W Beach Road, Waukegan, IL 60087

$152,900
1.41 AC lot

Municipal water and sewer are located in the rights-of-way along both adjoining streets.

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Corner Commercial Land
Corner Commercial Land

530 Main Street, Antioch, IL 60002

$680,000
0.81 AC lot

Corner parcel with two curb cuts and water available for commercial development.

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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 Near Prairie Path
Commercial Land Near Prairie Path

324 S Main Street, Lombard, IL 60148

$185,000
0.31 AC lot

A 0.31-acre parcel near the Prairie Path, positioned within downtown Lombard’s established business area.

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

Explore 1 grocery and convenience stores for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 71,248 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 5
Showrooms 2
Grocery and convenience stores 1

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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