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Vernon Hills, IL Residential Income Properties for Sale

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Mundelein, IL Lincolnshire, IL Libertyville, IL

Vernon Hills Multifamily Investment Opportunity

$699,900

8,326 SF

Vernon Hills Multifamily Investment Opportunity

630 Westmoreland Drive, Vernon Hills, IL 60061

Five-unit apartment building in a desirable Vernon Hills location.

Located in the highly desirable suburb of Vernon Hills.
Well‑maintained five‑unit apartment building.
Strong long‑term investment fundamentals.
Proximity to major employment centers.
Nationally ranked school systems.

Updated: Feb 4

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$619,000

0.68 Acres

Palatine Ranch Land For Sale

Land available in Palatine, Illinois suitable for residential development.

1485 W Dundee Road, Palatine, IL 60074

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$1,499,999

3,435 SF

Lake Zurich Multi-Family Property

Rebuilt multi-family residence across from Lake Zurich promenade and marina.

217 W Main Street, Lake Zurich, IL 60047

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$20,000,000

112,000 SF

Palatine Condo Deconversion Opportunity

132-unit condo deconversion opportunity in downtown Palatine, Illinois.

140 W Wood St, Palatine, IL 60067

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$1,400,000

6,259 SF

Lake Zurich Redevelopment Opportunity

Prime 1.45-acre site with mixed-use building for redevelopment.

898 S Rand Road, Lake Zurich, IL 60047

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$799,900

3.00 Acres

Land Ready for Subdivision

3-acre property in Lake Zurich, ideal for single-family home development.

21763 N Deerpath Road, Lake Zurich, IL 60047

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$150,000

0.39 Acres

Wooded Lot Near Forest Preserve

Residential land for building a single-family home.

1309 W Dundee Road, Palatine, IL 60074

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$500,000

1.00 Acre

Palatine Land Near Train Station

Two buildable lots near train, expressways, airport, and shopping.

628 S WILKE Road, Palatine, IL 60074

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$1,750,000

20.00 Acres

Wauconda Agricultural Land for Sale

20-acre parcel with agricultural potential or development conversion.

29564 North Garland Road, Wauconda, IL 60084

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Vernon Hills, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 1 residential income properties for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 8,326 square feet of properties for sale, with an estimated market value of $699,900.

Sale prices for residential income properties in Vernon Hills, IL start at $699,900, averaging $699,900, and reaching up to $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 28K

Population Growth (5Y) +3.3%

Median Household Income $121,588

College Educated 97.4%

High-Yield Neighborhoods for Strategic Investment

Identify Vernon Hills submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60061	$699.9K

Taxes & Financing

Average Loan-to-Value 65.0%

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Vernon Hills, IL Residential Income Properties for Sale

Vernon Hills Multifamily Investment Opportunity

Five-unit apartment building in a desirable Vernon Hills location.