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Vernon Hills, IL

Land

Vernon Hills, IL Land 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

7 properties

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Commercial Land on Milwaukee Avenue

Updated: Nov 6, 2025

Commercial Land on Milwaukee Avenue

25043 N Il Route 21, Vernon Hills, IL 60061

$1,999,000

1.22 AC lot

1.22‑acre commercial lot on high‑traffic Milwaukee Ave (approx. 22,000 vehicles per day).
Exceptional exposure and visibility due to location south of Brookdale Plaza and established commercial presence.
Versatile location suitable for medical, professional office, retail, service business, or lodging (verify zoning).
Strategic location in a well‑developed area with high‑traffic convenience and accessibility.
Easy interstate access for customers, employees, and vendors.

General Commercial Waterfront Land

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"

Residential Land Approved for Condos

Residential Land Approved for Condos

425 Benjamin Drive, Vernon Hills, IL 60061

$1,400,000

1 sqft 1.00 AC lot

Land approved for 40-unit condo building in Vernon Hills.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Land Near Vernon Hills Metra

Land Near Vernon Hills Metra

59 E US Highway 45, Vernon Hills, IL 60061

Contact for pricing

7 sqft 7.00 AC lot

7-acre commercial land near Metra station and Route 45.

Prime Retail Land For Sale

Prime Retail Land For Sale

1820 N Milwaukee Ave, Vernon Hills, IL

Contact for pricing

6.10 AC lot

Commercial land with high visibility and flexible development options.

General Commercial Land Parcel

General Commercial Land Parcel

24803 N Milwaukee Avenue, Vernon Hills, IL 60061

Contact for pricing

4.80 AC lot

Two adjacent parcels totaling about 4.8 acres offer general commercial zoning and utilities to the site.

Vernon Hills Commercial Land Parcel

Vernon Hills Commercial Land Parcel

1252 US-45, Vernon Hills, IL 60061

Contact for pricing

0.82 AC lot

0.82-acre vacant land parcel zoned B-1 for General Business.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Vacant Industrial Development Land

Vacant Industrial Development Land

625 Margate Dr, Lincolnshire, IL 60069

$699,000

1.96 AC lot

Vacant land in Lake County offered for development with versatile zoning for industrial, office, or retail use.

Commercial Land with High Visibility

Commercial Land with High Visibility

100 Half Day Road, Lincolnshire, IL 60069

Contact for pricing

40 sqft

Commercial land with strong visibility and access, suitable for multiple development concepts in an infill area.

Industrial Land in Established Park

Industrial Land in Established Park

927 Tower Road, Mundelein, IL 60060

Contact for pricing

3.92 AC lot

3.92-acre industrial property with utilities and completed due diligence.

Commercial Land for Development

Commercial Land for Development

427 E Il Route 83, Mundelein, IL 60060

$349,900

1.00 AC lot

Commercial development land with existing sewer infrastructure and flexible options for sale or land lease.

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.

680 Woodlands Pkwy

VACANT COMMERCIAL LAND

680 Woodlands Pkwy, Vernon Hills, IL 60061-3102

$39,495,000

Estimated value

0.70 AC lot

2 Phillip Rd

VACANT COMMERCIAL LAND

2 Phillip Rd, Vernon Hills, IL 60061-1824

$7,520,000

Estimated value

2.06 AC lot

820 Frst Edge Dr

VACANT COMMERCIAL LAND

820 Frst Edge Dr, Vernon Hills, IL 60061-3105

$855,000

Estimated value

0.46 AC lot

820 Frst Edge Dr

VACANT COMMERCIAL LAND

820 Frst Edge Dr, Vernon Hills, IL 60061-3105

$270,000

Estimated value

0.46 AC lot

59 Us Hwy 45

VACANT COMMERCIAL LAND

59 Us Hwy 45, Vernon Hills, IL 60061-3183

$265,000

Estimated value

0.25 AC lot

29 Us Hwy 45

VACANT COMMERCIAL LAND

29 Us Hwy 45, Vernon Hills, IL 60061-3183

$775,000

Estimated value

0.64 AC lot

Milwaukee Ave

VACANT COMMERCIAL LAND

Milwaukee Ave, Vernon Hills, IL 60061

$8,900,000

Estimated value

0.99 AC lot

Il Rte 21

VACANT COMMERCIAL LAND

Il Rte 21, Vernon Hills, IL 60061

$8,900,000

Estimated value

11.55 AC lot

Corporate Woods Pkwy

VACANT COMMERCIAL LAND

Corporate Woods Pkwy, Vernon Hills, IL 60061

$2,400,000

Estimated value

0.47 AC lot

777 Hickory Hl Dr

VACANT COMMERCIAL LAND

777 Hickory Hl Dr, Vernon Hills, IL 60061-3182

$28,000,000

Estimated value

6.71 AC lot

715 Hawthorn Ctr

VACANT COMMERCIAL LAND

715 Hawthorn Ctr, Vernon Hills, IL 60061-1513

$435,000

Estimated value

2.29 AC lot

750 Hawthorn Row

VACANT COMMERCIAL LAND

750 Hawthorn Row, Vernon Hills, IL 60061-1675

$4,665,000

Estimated value

0.10 AC lot

1233 Us Hwy 45

VACANT COMMERCIAL LAND

1233 Us Hwy 45, Vernon Hills, IL 60061-3189

$250,000

Estimated value

1.52 AC lot

1 Phillip Rd

VACANT COMMERCIAL LAND

1 Phillip Rd, Vernon Hills, IL 60061-1858

$2,000,000

Estimated value

0.05 AC lot

1 Phillip Rd

VACANT COMMERCIAL LAND

1 Phillip Rd, Vernon Hills, IL 60061-1858

$2,000,000

Estimated value

0.74 AC lot

555 Corporate Woods Pkwy

VACANT COMMERCIAL LAND

555 Corporate Woods Pkwy, Vernon Hills, IL 60061-3111

$2,700,000

Estimated value

0.46 AC lot

Milwaukee Ave

VACANT COMMERCIAL LAND

Milwaukee Ave, Vernon Hills, IL 60061

Value Estimation by Request

Vernon Hills, IL Land Market Trends and Statistics

Explore 72 land for sale in Vernon Hills, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 1,121,234 square feet of properties for sale, with an estimated market value of $4,849,000.

Sale prices for lots in Vernon Hills, IL start at $1,400,000, averaging $1,616,333, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$1.7M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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