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Mixed-Use Retail and Residential Destination
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913 N Milwaukee Ave, Vernon Hills, IL

Open-air shopping, dining, and luxury apartments near I-94.

Space SizeContact for details
Property Size3,520 SF
Lot Size28.32 Acres
Days on Market291

Property Features for 913 N Milwaukee Ave

General Information

Standard status Active
Size 3,520 SF
Lot size 28.32 Acres
Property subtype RETAIL
Listing Agency: Regency Centers | Chicago
Listed By: Faith Hershey
Source: Moodyscre
Added: Oct 22, 2025 Changed: Jul 10 Last Checked: Aug 7 at 8:35AM

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 Regency Centers | Chicago

Investment Insights

Based on property information with market context.

This mixed-use property features an open-air shopping and dining destination with 270,000 square feet of retail space and 260 luxury apartments. The property is located 2 miles from I-94 and has a property size of 3,520 square feet.

Key Highlights

  • Open‑air shopping/dining destination
  • Boasting 270K SF of retail space
  • Includes 260 luxury apartments

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Parking Lot & Garage Auto Parts Store HVAC Service 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,350
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • Hawthorn Hills Square S.C. 700 N Milwaukee Ave, Vernon Hills, IL 60061
  • Hawthorn Village Commons 264 Hawthorn Village Commons, Vernon Hills, IL 60061
  • T2 trabajop Milwaukee Ave &, CDW Way, Vernon Hills, IL 60061
  • Rivertree Court 700 N Milwaukee Ave, Vernon Hills, IL 60061
  • Marketplace At Vernon Hills 235 N Milwaukee Ave, Vernon Hills, IL 60061

Frequently Asked Questions

What type of property is this?
Shopping center - Open-air shopping, dining, and luxury apartments near I-94.
Where is this shopping center located?
The property is located at 913 N Milwaukee Ave Vernon Hills, IL.
What are key features of this property?
This property features: Open‑air shopping/dining destination; Boasting 270K SF of retail space; Includes 260 luxury apartments
(630) 645-2820 Call to check price and availability
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