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    1750 Milwaukee Ave Vernon Hills, IL 60061-1538
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    Property profile & analytics

    1750 Milwaukee Ave Vernon Hills, IL 60061-1538


    • Commercial land
    • 1.11 lot acres
    Off-Market
    Last Sale Nov 9, 2022
    $750,000
    Property ID
    US28-2627490
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $790,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1750 Milwaukee Ave

    Lot size
    1.11 lot acres
    Property type
    Commercial land
    APN
    11-28-411-012
    APU
    1128411012

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $795,000
      ML approach
      $870,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Vernon Hills
    County
    Lake
    State
    Illinois
    Longitude
    -87.9493
    Latitude
    42.258
    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
    $24,588
    $274,051
    $0.00
    $274,051
    -
    $822,235
    $0.00
    $822,235
    More about this property
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