Financial
Distress signals
Property profile

440 N Fairway Dr Vernon Hills, IL 60061

FOR LEASE
Commercial real estate
Property ID
US28-1827521
113,978 SF 7.22 ac lot Built 1970
Last sale Jul 2023 · $2,825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
440 N Fairway Dr, Vernon Hills, IL 60061 For Lease
$3,315,000 49,789 SF available
440 N Fairway Dr, Vernon Hills, IL 60061
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$285k
Tax billed · 2023
Assessed value$942k
Assessed land$725k
Assessed improvement$217k
Effective rate30.25%

Value estimate

· Sep 2026
$3.32M
$2.98M – $3.65M
AI approach$3.98M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
County average, outlier-cleaned · 196 recorded sales of this use type
Observed band · Q1–Q3$96 – $317
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop19.6
Realty agency19.2
Auto Parts Store16.5

Location

440 N Fairway Dr Vernon Hills, IL 60061
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
560 Bunker, Vernon Hills, IL 60061-1842 $7,887,000 Sep 2025 No data
401 Sullivan, Vernon Hills, IL 60061-1959 $1,700,000 Sep 2025 No data
875 Woodlands, Vernon Hills, IL 60061-4168 $12,952,000 Jul 2025 No data
371 Townline Rd, Vernon Hills, IL 60061-4336 $2,000,000 Jul 2025 No data
200 Fairway, Vernon Hills, IL 60061-1861 $31,010,500 Jan 2025 No data
1220 Us Hwy 45, Vernon Hills, IL 60061-4114 $11,000,000 Aug 2024 61,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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