Search
Two-Building Shopping Center
New
For Sale
Contact for pricing

1302-1356 S Milwaukee Ave, Vernon Hills, IL 60061

Village provisions allow retail, restaurant, and medical uses within the B-1 General Business District.

Property Size31,916 SF
Lot Size4.92 Acres
Days on Market2

Property Features for 1302-1356 S Milwaukee Ave

General Information

Standard status Active
Size 31,916 SF
Lot size 4.92 Acres
Property subtype Retail
Zoning B-1
Occupancy 46%

Additional Details

Tenant in Place Yes

Building Details

Building Size 31,916 SF
Buildings 2
Tenancy Multi
Listing Agency: NAI Hiffman
Listed By: Art Burrows · License #471000323
Source: Hiffman
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 30 at 3:43PM

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 NAI Hiffman

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The shopping center contains 31,916 SF across two buildings measuring 5,606 SF and 26,310 SF, set on 4.92 acres. The buildings date to the early 1960s and early 1980s, respectively. Across 14 tenant spaces, six tenants occupy 46.4% of the rentable area.

Located at 1302–1356 S Milwaukee Ave in Vernon Hills, the property is zoned B-1 General Business District. Village provisions allow retail, restaurant, and medical uses.

Key Highlights

  • 31,916 SF of retail space in two buildings: 5,606 SF and 26,310 SF
  • 4.92‑acre site
  • 14 tenant spaces; six tenants occupy 46.4% of the rentable area

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Storage Facility Bakery (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

46.4%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby
86k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 71% Shops & Services 25% Hotels & Casinos 4%
McDonald's Dining
19,739 visits/mo 0.3 miles
Culver's Dining
17,418 visits/mo 0.2 miles
Starbucks Dining
14,914 visits/mo 0.1 miles
BP Shops & Services
13,269 visits/mo 0.3 miles
Eddie Merlot's Dining
6,088 visits/mo 0.2 miles

Demographics for 60061, IL

27,581
Population
11,649
Households
2.4
Avg Household Size
41
Median Age
66%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
3,283
Density / Sq Mi
$121,588
Median Household Income
$60,647
Median Earnings
$1,862
Median Rent
$390,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

Similar Off Market Nearby

  • Coinstar Kiosk Bitcoin Enabled — 2502 n waukegan rd, glenview, il 60025
  • Coinstar Kiosk | Bitcoin ATM — 2502 N Waukegan Rd, Lincolnshire, IL 60069
  • Shops at Arrive Town Center — 1255 Town Center Rd Suite 100, Vernon Hills, IL 60061

Frequently Asked Questions

What type of property is this?
Shopping center - Village provisions allow retail, restaurant, and medical uses within the B-1 General Business District.
Where is this shopping center located?
The property is located at 1302-1356 S Milwaukee Ave Vernon Hills, IL.
What are key features of this property?
This property features: 31,916 SF of retail space in two buildings: 5,606 SF and 26,310 SF; 4.92‑acre site; 14 tenant spaces; six tenants occupy 46.4% of the rentable area
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved