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    900 Woodlands Pkwy Vernon Hills, IL 60061

    Sponsored
    For Lease
    Contact for pricing

    Versatile industrial space, 6,065-19,428 sq ft.

    Lot size:
    67,258 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 67,258 square foot multi-tenant flex/warehouse/R&D property, located at 900 Woodlands Parkway in Vernon Hills, Illinois, presents a unique investment opportunity. The building, constructed in 1987 and classified as Class B, sits on a generous 3.1-acre lot and offers a range of space options, from a minimum of 6,065 square feet to a maximum contiguous space of 19,428 square feet. Currently, the entire 67,258 square feet is vacant, providing flexibility for a single large tenant or multiple smaller occupants. The property boasts a 16-foot ceiling height, ideal for various industrial uses. Logistical needs are met with one loading dock and one drive-in door. Power is supplied at 100 amps. The building features nine total suites and is zoned B-2. Many spaces are fully air-conditioned, enhancing comfort and functionality. Located in Lake County, Illinois, with a zip code of 60061, this property offers convenient access to major transportation routes. The annual property taxes are $1.93 per square foot. This versatile space is perfect for businesses seeking a functional and well-located industrial or flex space.

    Property Features for 900 Woodlands Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,258 SF
    Class
    B

    Building Details

    Year Built
    1987

    Unit(s) available at that property

    Space
    980 Woodlands Parkway
    Size
    8,974 SF

    HighLights

    • Highly adaptable office spaces, easily modified to meet tenant needs.
    • Fully air‑conditioned building.
    • Individual unit entrances, loading docks, and prominent signage.
    • High‑quality masonry construction and premium finishes.
    • Energy‑efficient T‑8 lighting throughout.
    • Attractive Lake County tax rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernon Hills
    County
    Lake
    State
    Illinois
    Longitude
    -87.9390715
    Latitude
    42.2087766

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    FAQs

    What type of property is this?
    Life science property - Versatile industrial space, 6,065-19,428 sq ft.
    Where is this life science property located?
    The property is located at 900 Woodlands Pkwy Vernon Hills, IL.
    What are key features of this property?
    This property features: Highly adaptable office spaces, easily modified to meet tenant needs.; Fully air-conditioned building.; Individual unit entrances, loading docks, and prominent signage.
    Request Owner's contact information
    900 Woodlands Pkwy 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
    900 Woodlands Pkwy Vernon Hills, IL 60061
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