Listing Agency: NAI Hiffman

Listed By: Steve Sullivan · License #IL 475154990 Show Phone

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Sep 2 at 5:17AM

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Investment Insights

Based on property information with market context.

This industrial property comprises 87,079 square feet of commercial space at 645-647 Lakeview Parkway. The asset is identified for sale and is located in Vernon Hills, Illinois 60061.

Key Highlights

• 87,079 SF of industrial space
• Located at 645‑647 Lakeview Parkway
• Vernon Hills, IL 60061

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Auto Parts Store Parking Lot & Garage Law Firm 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.

Location Intelligence

Trade Area within ½ mile

1,722

Businesses Nearby

Explore this area Business Placement

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?

Industrial property - Commercial industrial space suited to a range of business operations.

Where is this industrial property located?

The property is located at 645-647 Lakeview Parkway Vernon Hills, IL.

What are key features of this property?

This property features: 87,079 SF of industrial space; Located at 645‑647 Lakeview Parkway; Vernon Hills, IL 60061