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Two-Story Brick Quadplex
New
For Sale
$774,900

625 Westmoreland Drive, Vernon Hills, IL 60061

Four separately serviced apartments with dedicated parking, basement storage, and shared laundry facilities.

Property SizeContact for details
Days on Market5

Property Features for 625 Westmoreland Drive

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Residential Income

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $14,043

Amenities

basement storage closets
coin-operated washer and dryer
central air conditioning

Building Details

Year Built 1962
Buildings 1
Stories 2
Construction brick
Tenancy Multi
Listing Agency: Essex 312, LLC
Listed By: Jack Doyle · License #475190497
Source: Perillorealestategroup
Added: Aug 17 Changed: Aug 21 Last Checked: Aug 21 at 6:51AM

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 Essex 312, LLC

Investment Insights

Based on property information with market context.

This two-story brick quadplex, built in 1962, contains four apartments arranged with two residences on each level. Every unit includes a living and dining area, kitchen, two bedrooms, and one bathroom. Each apartment has its own furnace, central A/C system, hot water tank, and two dedicated parking spaces.

Basement amenities include private storage closets and coin-operated laundry equipment. Current occupancy includes one apartment on a month-to-month lease, two leased through May, and one vacant unit. The property is offered strictly as-is, with at least one residence requiring updates. Residential financing eligibility is supported by the property information.

Key Highlights

  • Four‑unit, two‑story brick building constructed in 1962
  • Each apartment includes 2 bedrooms, 1 bathroom, and 2 dedicated parking spaces
  • Separate furnace, central A/C unit, and hot water tank for every unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Auto Repair Shop

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately serviced apartments with dedicated parking, basement storage, and shared laundry facilities.
Where is this quadplex located?
The property is located at 625 Westmoreland Drive Vernon Hills, IL.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: Four‑unit, two‑story brick building constructed in 1962; Each apartment includes 2 bedrooms, 1 bathroom, and 2 dedicated parking spaces; Separate furnace, central A/C unit, and hot water tank for every unit
More about this property
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