Search
Corner Office Units Near Retail Anchors
New
For Lease
Contact for pricing

850-870 N Milwaukee Ave, Vernon Hills, IL 60061

Office space positioned at a high-volume intersection near major retail and multifamily developments.

Space Size1,668 SF
Days on Market4

Property Features for 850-870 N Milwaukee Ave

General Information

Standard status Active
Size 1,668 SF
Property subtype OFFICE

Spaces For Lease

at 850-870 N Milwaukee Ave Contact us

850 - 870 N Milwaukee Ave

Floor
2
Size
1,668 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Corner visibility at Super-Regional Intersection of Townline Road & Milwaukee Avenue,...
show more
Contact us
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Greg Bayer
Source: Moodyscre
Added: Sep 21 Changed: Sep 22 Last Checked: Sep 22 at 12:57PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This 2,886-square-foot office property is positioned at 850–870 N Milwaukee Ave in Vernon Hills. Its corner location at Townline Road and Milwaukee Avenue provides exposure to an intersection serving 60,000 VPD.

The property is in front of Hawthorn Mall, where a mixed-use redevelopment is planned with 635,000 SF of retail and 561 multifamily residences. Mellody Farm is across the street and includes Whole Foods, Nordstrom Rack, REI, HomeGoods, Barnes & Noble, and 260 luxury apartments. The surrounding retail and residential concentration places the office space within an established commercial setting.

Key Highlights

  • 2,886‑square‑foot office property at 850–870 N Milwaukee Ave
  • Corner position at Townline Road and Milwaukee Avenue serving 60,000 VPD
  • In front of Hawthorn Mall mixed‑use redevelopment

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Parking Lot & Garage Auto Parts Store Grocery & Convenience Store HVAC 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,131
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

Lease Benchmarks for Vernon Hills, IL

$19.24 /SF/Yr
Avg Asking Price
$12.5–$28.59 /SF/Yr
Price Range
24,773 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office space positioned at a high-volume intersection near major retail and multifamily developments.
Where is this office units located?
The property is located at 850-870 N Milwaukee Ave Vernon Hills, IL.
What are key features of this property?
This property features: 2,886‑square‑foot office property at 850–870 N Milwaukee Ave; Corner position at Townline Road and Milwaukee Avenue serving 60,000 VPD; In front of Hawthorn Mall mixed‑use redevelopment
(630) 954-7441 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message