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Retail Outlot Opportunity Near Mall
For Sale
Contact for pricing
Pending

445 E Townline Rd, Vernon Hills, IL 60061

Rare retail outlot for sale in strong retail market.

Property SizeContact for details
Days on Market867

Property Features for 445 E Townline Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Mid-America Real Estate Corporation
Listed By: Brendan Reedy · License #IL 478004552
Source: Crexi
Added: Apr 9, 2024 Changed: Aug 8 Last Checked: Aug 22 at 7:10AM

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 Corporation

Investment Insights

Based on property information with market context.

This property presents a rare outlot opportunity situated in an extremely strong retail market. The location is directly across from Hawthorn Mall, which is currently undergoing an extensive redevelopment. Anchors for the redeveloped mall include Wal-Mart, Golf Galaxy, and Ace Pickleball. The property benefits from multiple signalized access points and features large pylon signage located at the main access point.

Key Highlights

  • Rare outlot opportunity in extremely strong retail market
  • Directly across from Hawthorn Mall undergoing extensive redevelopment
  • Anchored by Wal‑Mart, Golf Galaxy & Ace Pickleball

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Auto Parts Store Parking Lot & Garage Law Firm 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.

Location Intelligence

Trade Area within ½ mile

1,695
Businesses Nearby
591k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 33% Apparel 28% Dining 16% Shops & Services 14%
Target Superstores
113,176 visits/mo 0.1 miles
Walmart Superstores
84,786 visits/mo 0.3 miles
Macy's Apparel
70,350 visits/mo 0.2 miles
Portillo's Dining
54,280 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
48,844 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
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Frequently Asked Questions

What type of property is this?
Retail property - Rare retail outlot for sale in strong retail market.
Where is this retail property located?
The property is located at 445 E Townline Rd Vernon Hills, IL.
What are key features of this property?
This property features: Rare outlot opportunity in extremely strong retail market; Directly across from Hawthorn Mall undergoing extensive redevelopment; Anchored by Wal‑Mart, Golf Galaxy & Ace Pickleball
(630) 954-7390 Call to check price and availability
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