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Freestanding Flex Space with Showroom
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195 N Milwaukee Ave, Vernon Hills, IL 60061

Freestanding commercial facility combining showroom, workshop, office, and service-oriented areas along an established retail corridor.

Property Size9,500 SF
Days on Market138

Property Features for 195 N Milwaukee Ave

General Information

Standard status Active
Size 9,500 SF
Property subtype Retail
Investment Type Owner/User

Site & Location

Anchor Co-Tenants Kohl's, The Home Depot, Sam's Club, Planet Fitness, Farmers Fresh Market, DSW, Chipotle, Panera, Extended Stay Stay America
Traffic Count 22,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 1

Building Details

Year Built 2002
Buildings 1
Stories 2
Building Size 9,500 SF
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 15 Changed: Aug 29 Last Checked: May 9 at 10:28PM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This 9,500-square-foot freestanding flex property supports showroom, retail, service, and owner-user operations. The interior combines an expansive display area with a warehouse/workshop section, drive-in door, private offices, reception, kitchen, restrooms, and second-floor office and meeting space overlooking the main level. Built in 2002, the building offers a practical mix of customer-facing and back-of-house areas.

The property occupies 195 N Milwaukee Avenue in Vernon Hills, Illinois, along a commercial corridor reporting approximately 22,000 vehicles per day. Interstate 94 is less than two miles away, connecting the site with Lake County, the North Shore, and greater Chicagoland. The surrounding retail environment includes Kohl’s, The Home Depot, Sam’s Club, Whole Foods, Best Buy, Target, Walmart, Dick’s Sporting Goods, and other national operators. Hawthorn Mall and Melody Farms are each approximately one mile north of the property.

Key Highlights

  • 9,500‑square‑foot freestanding building with showroom, warehouse/workshop, offices, and service areas
  • Drive‑in door supports workshop or warehouse functionality
  • Approximately 22,000 vehicles per day along Milwaukee Avenue

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Law Firm Auto Parts Store Catering Service Garden Center

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

1
Drive-in doors
22,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Freestanding commercial facility combining showroom, workshop, office, and service-oriented areas along an established retail corridor.
Where is this flex space located?
The property is located at 195 N Milwaukee Ave Vernon Hills, IL.
What are key features of this property?
This property features: 9,500‑square‑foot freestanding building with showroom, warehouse/workshop, offices, and service areas; Drive‑in door supports workshop or warehouse functionality; Approximately 22,000 vehicles per day along Milwaukee Avenue
(847) 542-9058 Call to check price and availability
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