Retail Space with Direct
For Lease
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447 North Milwaukee Avenue, Vernon Hills, IL 60061
Direct frontage on Milwaukee Ave with traffic-light access and strong area retail draw anchored by major retailers.
Days on Market79
Property Features for 447 North Milwaukee Avenue
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
23,200 vehicles/day
Listing Agency:
CBRE - Chicago
(312) 297-7688
Listed By:
Sean McCourt · License #IL
Source:
Crexi
Added: May 13
Changed: Jul 20
Last Checked: Jul 29 at 5:14PM
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 - Chicago
Investment Insights
Based on property information with market context.
Available for rent in a high-traffic shopping center with major anchors including Sam’s Club, Kohl’s, DSW Shoes, Home Depot, Steinhafels, and Ashley HomeStore. The center reports approximately 23,200 VPD and 2.4 million annual visits, supporting consistent customer flow.
The property offers direct frontage on Milwaukee Ave with an easy, traffic-light entrance for convenient access. Nearby demographics provided include an average income of $199,314 and 134,128 people within 5 miles.
This retail space is positioned to benefit from the center’s established tenant mix and visibility along Milwaukee Ave, making it a practical fit for businesses seeking a storefront environment with access and consumer exposure.
The property offers direct frontage on Milwaukee Ave with an easy, traffic-light entrance for convenient access. Nearby demographics provided include an average income of $199,314 and 134,128 people within 5 miles.
This retail space is positioned to benefit from the center’s established tenant mix and visibility along Milwaukee Ave, making it a practical fit for businesses seeking a storefront environment with access and consumer exposure.
Key Highlights
- Direct frontage on Milwaukee Ave with traffic‑light access
- Located in a shopping center with major anchors including Sams Club, Kohls, DSW Shoes, Home Depot, Steinhafels, and Ashley HomeStore
- Shopping center traffic of 2.4 million annual visits
Property Analytics
Current Use
Lease Details
23,200 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
566k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 41%
Superstores 28%
Shops & Services 16%
Home Improvements & Furnishings 8%
Walmart
Superstores
84,786 visits/mo
0.4 miles
Sam's Club
Superstores
72,629 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
48,844 visits/mo
0.3 miles
T.J. Maxx
Apparel
45,126 visits/mo
0.2 miles
Kohl's
Apparel
44,053 visits/mo
0.3 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
- Sunglass Hut at Macy's — 1 Hawthorn Ctr, Vernon Hills, IL 60061
- Hawthorn Hills Square S.C. — 700 N Milwaukee Ave, Vernon Hills, IL 60061
- T2 trabajop — Milwaukee Ave &, CDW Way, Vernon Hills, IL 60061
- Rivertree Court — 700 N Milwaukee Ave, Vernon Hills, IL 60061
- Marketplace At Vernon Hills — 235 N Milwaukee Ave, Vernon Hills, IL 60061
Frequently Asked Questions
What type of property is this?
Shopping center - Direct frontage on Milwaukee Ave with traffic-light access and strong area retail draw anchored by major retailers.
Where is this shopping center located?
The property is located at 447 North Milwaukee Avenue Vernon Hills, IL.
What are key features of this property?
This property features: Direct frontage on Milwaukee Ave with traffic‑light access; Located in a shopping center with major anchors including Sams Club, Kohls, DSW Shoes, Home Depot, Steinhafels, and Ashley HomeStore; Shopping center traffic of 2.4 million annual visits
