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    6 Phillip Rd Vernon Hills, IL 60061-1700
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    Property profile & analytics

    6 Phillip Rd Vernon Hills, IL 60061-1700


    • Commercial real estate
    • 4.93 lot acres
    Vernon Hills Medical Office Suites For Lease
    $13 SF/Yr
    21,621 SF

    Vernon Hills Medical Office Suites

    Multi-tenant medical office building with suites from 918-7,865 SF.

    6 E Phillip Rd, Vernon Hills, IL 60061
    View Listing
    Property ID
    US28-1430021
    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
    $650,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6 Phillip Rd

    Lot size
    4.93 lot acres
    Property type
    Commercial real estate
    APN
    15-04-107-007
    APU
    1504107007

    Description

    This single-story, 21,621 square foot office building in Vernon Hills, IL, offers a unique opportunity for businesses seeking flexible space. Located on 4.93 acres and boasting 191 parking spaces, the property features 11 suites, with 8 currently available, ranging from 918 to 7,865 contiguous square feet. The building, constructed in 1986, is zoned OR&D and benefits from a high-traffic location along Route 60, experiencing 38,000 vehicles per day. Its convenient location offers close proximity to retail amenities, schools, new apartment complexes, and Advocate Condell Medical Center. The building is under new ownership and offers improvement incentives. Currently, 11,871 square feet of space is vacant, providing ample opportunity for immediate occupancy. While there are no elevators, the single-story design ensures easy accessibility. This property is ideal for a variety of medical or traditional office uses, offering a combination of convenience, visibility, and potential for customization. The minimum divisible space is 918 square feet, making it suitable for smaller businesses as well as larger organizations. This is a rare opportunity to secure prime office space in a thriving location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $650,000
      ML approach
      $650,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Vernon Hills
    County
    Lake
    State
    Illinois
    Longitude
    -87.9623
    Latitude
    42.2393
    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
    $64,348
    $407,947
    $361,210
    $769,157
    -
    $1,223,963
    $1,083,738
    $2,307,701
    View Listing
    More about this property
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