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Vernon Hills Retail Outlot Opportunity
For Lease
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E Townline Rd & N Milwaukee Ave, Vernon Hills, IL

Outlot opportunity in Vernon Hills for restaurant and retail concepts.

Space Size7,000 SF
Lot Size89.93 Acres
Days on Market965

Property Features for E Townline Rd & N Milwaukee Ave

General Information

Standard status Active
Size 7,000 SF
Lot size 89.93 Acres
Property subtype RETAIL

Spaces For Lease

at E Townline Rd & N Milwaukee Ave Contact us

1 Hawthorn Ctr

Floor
1
Size
7,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
• Vernon Hills is a northern suburb of Chicago in Lake County • World headquarters...
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Listing Agency: GreatStreet Realty Partners, LLC
Listed By: Steve Pilafas
Source: Moodyscre
Added: Jan 22, 2024 Changed: Sep 11 Last Checked: Sep 13 at 8:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GreatStreet Realty Partners, LLC

Investment Insights

Based on property information with market context.

This retail opportunity is located in Vernon Hills, a northern suburb of Chicago in Lake County. The area features a strong daytime population and affluent demographics. It is anchored by Hawthorn Mall and is near the world headquarters of companies such as CDW, Grainger, Abbvie, and American Hotel Register. This 7,000-square-foot outlot is suitable for restaurant and retail concepts.

Key Highlights

  • Affluent demographics
  • Outlot opportunity for restaurant and retail concepts
  • Strong daytime population

Property Analytics

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Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
156k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 47% Apparel 28% Shops & Services 16% Dining 8%
Sam's Club Superstores
72,629 visits/mo 0.4 miles
Kohl's Apparel
44,053 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
23,130 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
8,982 visits/mo 0.5 miles
Jimmy John's Dining
2,493 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Outlot opportunity in Vernon Hills for restaurant and retail concepts.
Where is this retail space located?
The property is located at E Townline Rd & N Milwaukee Ave Vernon Hills, IL.
What are key features of this property?
This property features: Affluent demographics; Outlot opportunity for restaurant and retail concepts; Strong daytime population
(847) 472-5008 Call to check price and availability
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