Property profile

701 Milwaukee Ave Vernon Hills, IL 60061

OFF-MARKET
Commercial real estate
Property ID
US28-1186769
7.03 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 7.03 ac (306,227 SF)
APN 15-03-102-019
UPID US28-1186769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Medical Clinic
  • Restaurant
  • Dental Office

Location

701 Milwaukee Ave Vernon Hills, IL 60061-1556
Vernon Hills metro Census 866200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.22M

Owner & transaction history

since 2017
Last sale
$7.5M
3 recorded transactions
2017
$4.0M
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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