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    OFF-MARKET
    Retail properties & Spaces

    220 Hawthorn Village Cmns, Vernon Hills, IL 60061

    5,815 SF 6.38 ac lot Built 1979
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 220 Hawthorn Village Commons, Vernon Hills, IL 60061. The property, Hawthorn Village Commons, comprises two single-story buildings totaling 5,815 square feet and encompassing 18 suites. Built in 1979, this established center sits on 6.38 acres of land and is zoned B-1 General Business (APN: 1133302077). Currently, one 1,800 square foot space is available for lease. The property boasts a strong tenant mix including Subway, Dollar Tree, Kong Dog, UPS Store, Binny's Beverage Depot, Wendy's, and Panda Express. Its strategic location at the northeast corner of W Townline Road and Lakeview Parkway (cross street: Lakeview Parkway) benefits from high traffic counts of 34,400 vehicles daily. The center is conveniently situated near major traffic arteries, including Route 21, and is surrounded by established residential areas and significant retail anchors such as Target, Walmart, and Hawthorn Mall. This makes it an ideal location for a variety of retail or restaurant businesses seeking high visibility and strong foot traffic in the thriving Vernon Hills submarket, which includes Mundelein, Libertyville, Lake Forest, Hawthorn Woods, Indian Creek, and Mettawa. The property's location within Lake County, Illinois offers excellent access to a large and affluent customer base.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1979
    Total area 5,815 SF
    Lot 6.38 ac (277,913 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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