Power Center with Retail
For Sale
Contact for pricing
700 N Milwaukee Ave, Vernon Hills, IL 60061
Multi-tenant retail center featuring T.J. Maxx, Burlington, Five Below, Ross Dress for Less, Old Navy, Best Buy, Michaels, and Discovery Clothing Company.
Property Size258,613 SF
Days on Market141
Property Features for 700 N Milwaukee Ave
General Information
Standard status
Active
Size
258,613 SF
Property subtype
Retail
Occupancy
98%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
T.J. Maxx, Burlington, Five Below, Ross Dress for Less, Old Navy, Best Buy, Michaels, Discovery Clothing Company
Traffic Count
55,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Oak Brook
Listed By:
Adam Foret · License #IL 475160621
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 3:08PM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
Rivertree Court is a 258,613-square-foot shopping center at 700 N Milwaukee Ave in Vernon Hills, Illinois. The property is offered as a 100% fee simple interest and includes a broad retail roster: T.J. Maxx, Burlington, Five Below, Ross Dress for Less, Old Navy, Best Buy, Michaels, and Discovery Clothing Company. Occupancy is 98.4%.
The center occupies the southeast corner of Route 60, also known as Townline Road, and Route 21, also known as Milwaukee Avenue. The intersection records more than 55,000 vehicles daily. Rivertree Court is 38 miles north of downtown Chicago and 60 miles from downtown Milwaukee, with O’Hare International Airport 25 miles away, Midway International Airport 51 miles away, and Milwaukee International Airport 55 miles away.
The center occupies the southeast corner of Route 60, also known as Townline Road, and Route 21, also known as Milwaukee Avenue. The intersection records more than 55,000 vehicles daily. Rivertree Court is 38 miles north of downtown Chicago and 60 miles from downtown Milwaukee, with O’Hare International Airport 25 miles away, Midway International Airport 51 miles away, and Milwaukee International Airport 55 miles away.
Key Highlights
- 258,613‑square‑foot shopping center in Vernon Hills, Illinois
- 98.4% occupied with 8 named retail tenants
- Southeast corner of Route 60 (Townline Road) and Route 21 (Milwaukee Avenue)
Property Analytics
Property Profile
Current Use
Lease Details
55,000 VPD
Traffic count
98.4%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
689k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 44%
Shops & Services 19%
Superstores 12%
Home Improvements & Furnishings 12%
Walmart
Superstores
84,786 visits/mo
0.2 miles
Macy's
Apparel
70,350 visits/mo
0.5 miles
DICK'S Sporting Goods
Apparel
48,844 visits/mo
0.1 miles
T.J. Maxx
Apparel
45,126 visits/mo
0.2 miles
Nordstrom Rack
Apparel
39,179 visits/mo
0.4 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
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Similar Off Market Nearby
- T2 trabajop — Milwaukee Ave &, CDW Way, Vernon Hills, IL 60061
- Marketplace At Vernon Hills — 235 N Milwaukee Ave, Vernon Hills, IL 60061
- Rivertree Court — 700 N Milwaukee Ave, Vernon Hills, IL 60061
- Hawthorn Hills Square S.C. — 700 N Milwaukee Ave, Vernon Hills, IL 60061
- Hawthorn Village Commons — 264 Hawthorn Village Commons, Vernon Hills, IL 60061
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center featuring T.J. Maxx, Burlington, Five Below, Ross Dress for Less, Old Navy, Best Buy, Michaels, and Discovery Clothing Company.
Where is this shopping center located?
The property is located at 700 N Milwaukee Ave Vernon Hills, IL.
What are key features of this property?
This property features: 258,613‑square‑foot shopping center in Vernon Hills, Illinois; 98.4% occupied with 8 named retail tenants; Southeast corner of Route 60 (Townline Road) and Route 21 (Milwaukee Avenue)
