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    325 Milwaukee Ave Vernon Hills, IL 60061

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Multiple Units Available

    Lot size:
    23,379 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    The Marketplace at Vernon Hills offers exceptional retail leasing opportunities. Located at 325 N Milwaukee Ave, Vernon Hills, IL 60061, this property boasts a total of 23,379 square feet of retail space. Currently, there are three available spaces, each offering flexibility for various business needs. Units range from a minimum of 2,000 square feet to a maximum contiguous space of 4,000 square feet, with a total of 10,000 square feet currently vacant. This prime location in Lake County, Illinois, provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The property's strategic placement ensures high foot traffic and exposure to a diverse customer base. Ideal for businesses seeking a versatile and well-positioned space to establish or expand their operations. The property is categorized as multi-tenant retail, providing a vibrant and collaborative atmosphere. Interested parties are encouraged to inquire about available space and lease terms. This is a unique opportunity to secure a prominent retail presence in a high-demand area. Don't miss out on this chance to establish your business in a thriving community.

    Property Features for 325 Milwaukee Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,379 SF

    Unit(s) available at that property

    Space
    Suite 250
    Size
    3,000 SF
    Space
    Suite 200
    Size
    4,000 SF
    Space
    Suite 300
    Size
    3,000 SF

    HighLights

    • Shadow‑anchored by Sam's Club, Kohl's, DSW Shoes, Home Depot, Steinhafels, and Ashley Homestore.
    • High traffic count: 2.4 million annual shopping center visits.
    • Excellent visibility and accessibility with direct site lines and traffic light entrance.
    • Strong national co‑tenancy including Chipotle, Jimmy John's, and The Vitamin Shoppe.
    • Average tenant income: $190,125.
    • Dense population: 134,251 people within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vernon Hills
    County
    Lake
    State
    Illinois
    Longitude
    -87.9419818
    Latitude
    42.2320997

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Multiple Units Available
    Where is this retail property located?
    The property is located at 325 Milwaukee Ave Vernon Hills, IL.
    What are key features of this property?
    This property features: Shadow-anchored by Sam's Club, Kohl's, DSW Shoes, Home Depot, Steinhafels, and Ashley Homestore.; High traffic count: 2.4 million annual shopping center visits.; Excellent visibility and accessibility with direct site lines and traffic light entrance.
    Request Owner's contact information
    325 Milwaukee Ave Vernon Hills, IL 60061
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    Vernon Hills, IL 60061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    325 Milwaukee Ave Vernon Hills, IL 60061
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