Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $790,000
    Commercial land

    1750 Milwaukee Ave, Vernon Hills, IL 60061-1538

    1.11 ac lot
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US28-2627490
    Property summary
    AI-generated overview

    This exceptional 48,352 square foot retail property, located at 1750 N. Milwaukee Avenue in Vernon Hills, Illinois (zip code 60061), presents a unique investment opportunity. Situated in Lake County, this outparcel benefits from a highly desirable location within a major retail destination boasting the largest concentration of retail businesses in the area. The property enjoys full signalized access on busy Milwaukee Avenue, a thoroughfare with a high volume of traffic (23,000 vehicles per day). This ensures excellent visibility and accessibility for potential tenants and customers. The property is strategically anchored by a strong lineup of national retailers including Mariano's, Lowe's, Menard's, Aldi, and Starbucks, creating a synergistic environment and driving significant foot traffic. The surrounding area is comprised of affluent communities, providing a robust customer base for any retail establishment. This property is available for sale or lease, making it an attractive option for a variety of investors and businesses seeking a prime location in a thriving retail market. The property's size and location make it ideal for a variety of retail uses. The high traffic counts and strong anchor tenants provide a compelling investment opportunity with significant potential for return.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.11 ac (48,395 SF)
    APN 11-28-411-012
    UPID US28-2627490
    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
    AI Approach AI
    $870k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $790k
    Owner & transaction history
    Eig14 T Kce Il Vernon Hills LLC · 3 yrs held
    Eig14 T Kce Il Vernon Hills LLC
    since 2022
    Last sale
    $750,000
    3 recorded transactions
    2022
    $750,000
    2021
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1750 Milwaukee Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message