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Power Center Retail Space
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701 N Milwaukee Ave, Vernon Hills, IL 60061

Retail space at a power center on the southeast corner of Milwaukee Avenue and Townline Road.

Space Size1,000 SF
Days on Market3

Property Features for 701 N Milwaukee Ave

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Property subtype RETAIL

Site & Location

Corner Location Yes
Traffic Count 67,000 vehicles/day

Additional Details

Available Space 1,000-14,826 SF

Building Details

Tenancy Multi

Spaces For Lease

at 701 N Milwaukee Ave Contact us

701 N Milwaukee Ave

Floor
1
Size
1,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 1,000 sq ft, 8,143 sq ft, & 14,826 sq ft Available - Strong Performing Power Center -...
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Listing Agency: Metro Commercial Real Estate - Corporate
Listed By: Sharon Bar-Shalom
Source: Moodyscre
Added: Aug 10 Changed: Aug 12 Last Checked: Aug 12 at 3:19AM

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 Metro Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

Retail space is available within a power center at 701 N Milwaukee Ave in Vernon Hills, Illinois. The property offers multiple space configurations, including 1,000 sq ft, 8,143 sq ft, and 14,826 sq ft options.

The center is positioned at the southeast corner of Milwaukee Avenue and Townline Road, an intersection carrying 67K VPD. The location supports visibility for retailers serving the surrounding Vernon Hills market.

Key Highlights

  • Multiple available spaces: 1,000 sq ft, 8,143 sq ft, and 14,826 sq ft
  • Power center location at 701 N Milwaukee Ave, Vernon Hills, IL 60061
  • Southeast corner of Milwaukee Avenue and Townline Road

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store HVAC Service Auto Repair Shop Catering Service

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

67,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

918
Businesses Nearby
598k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 45% Shops & Services 19% Superstores 12% Home Improvements & Furnishings 12%
Sam's Club Superstores
72,629 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
48,844 visits/mo 0.4 miles
T.J. Maxx Apparel
45,126 visits/mo 0.1 miles
Kohl's Apparel
44,053 visits/mo 0.5 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Marketplace At Vernon Hills 235 N Milwaukee Ave, Vernon Hills, IL 60061

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space at a power center on the southeast corner of Milwaukee Avenue and Townline Road.
Where is this shopping center located?
The property is located at 701 N Milwaukee Ave Vernon Hills, IL.
What are key features of this property?
This property features: Multiple available spaces: 1,000 sq ft, 8,143 sq ft, and 14,826 sq ft; Power center location at 701 N Milwaukee Ave, Vernon Hills, IL 60061; Southeast corner of Milwaukee Avenue and Townline Road
(847) 780-1299 Call to check price and availability
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