Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning