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    701 Woodlands Pkwy Vernon Hills, IL 60061

    For Lease
    Contact for pricing

    Medical building with expansion potential in Corporate Woods development.

    Property size:
    30,900 SF
    Lot size:
    3.85 Acres

    Property Features for 701 Woodlands Pkwy

    General Information

    Size
    30,900 SF
    Lot size
    3.85 Acres

    Source: Van Vlissingen and Co. Agent Nick Panarese III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Medical Building in Corporate Woods

    This freestanding medical building offers 22,497 square feet of newly built-out medical space, along with an additional 8,403 square feet of raw space suitable for storage or expansion. The property allows for individual signage, providing a distinct identity for your organization. Situated on a large site, there is potential for building and/or parking expansion. The property is located within the award-winning Corporate Woods development. Its location is across the street from Lifetime Fitness and Lake County Forest Preserve, and adjacent to Homestead Suites Hotel, with proximity to other hotels and restaurants along Milwaukee Avenue. The building has a total property size of 30,900 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vernon Hills
    County
    Lake
    State
    Illinois
    Longitude
    -87.9376774
    Latitude
    42.2117303

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    FAQs

    What type of property is this?
    Medical office - Medical building with expansion potential in Corporate Woods development.
    Where is this medical office located?
    The property is located at 701 Woodlands Pkwy Vernon Hills, IL.
    What are key features of this property?
    This property features: - 22,497 Sq. Ft. of newly build-out medical space; - 8,403 Sq. Ft. of raw space/storage/expansion; - Large site offers building and/or parking expansion
    (847) 634-2300
    Request Owner's contact information
    701 Woodlands Pkwy Vernon Hills, IL 60061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Woodlands Pkwy Vernon Hills, IL 60061
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