445 Townline RdVernon Hills, IL 60061

  • Other commercial real estate
  • 2.87 AC
For Lease

Property Details for 445 Townline Rd

Lot size
2.87 AC
Property type
Other commercial real estate
APN
15-04-201-008
APU
1504201008

Description

This exceptional 8,000 square foot freestanding retail outlot presents a rare investment opportunity in the thriving Vernon Hills market. Located at 445 E Townline Rd, Vernon Hills, IL 60061, this single-tenant property boasts a highly visible position directly across from Hawthorn Mall, currently undergoing a significant redevelopment. The mall's revitalization includes key anchors such as Walmart, Golf Galaxy, and Ace Pickleball, ensuring a robust and growing customer base. The property's strategic location offers multiple signalized access points, maximizing visibility and accessibility for customers. A large pylon sign is situated at the main access point, providing excellent branding opportunities for tenants. This property is classified as retail, free-standing, and an outlot, within Lake County, Illinois. The property's size and location make it ideal for a variety of retail uses, capitalizing on the high traffic volume generated by the adjacent mall and surrounding area. This is a unique chance to acquire a prominent retail space in a dynamic and expanding retail corridor.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,837,750
    Hospitality
    $23,667,240
    Educational
    $19,690,866
    Medical
    $20,368,066
    Retail
    $30,630,236
445 Townline Rd, Vernon Hills, Illinois
Leaflet | © OpenStreetMap contributors

Location Insight

City
Vernon Hills
County
Lake
State
Illinois
Latitude
42.24
Longitude
-87.9539
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$101,733
$750,840
$347,180
$1,098,020
-
$2,252,745
$1,041,644
$3,294,389

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.