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    Vernon Hills, IL
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    Vernon Hills, IL Residential Land & Home Lots for Sale

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    Long Grove, IL Mundelein, IL Prairie View, IL Lincolnshire, IL Libertyville, IL Mettawa, IL Buffalo Grove, IL Kildeer, IL
    Residential Land Approved for Condos
    Updated: Mar 25
    Residential Land Approved for Condos

    425 Benjamin Drive, Vernon Hills, IL 60061

    $1,400,000
    1 sqft 1.00 AC lot
    Approved for a 40‑unit condo building
    Zoned R‑7, suitable for townhomes, multifamily, or condominiums
    Excellent infill development site
    Award‑winning Adlai E Stevenson High School District
    Benefit from at least 100 parking spaces, including 62 inside heated spaces
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Residential Land in Lake County
    Residential Land in Lake County

    16675 - 16775 West Aptakisic Road, Lincolnshire, IL 60069

    $5,650,000
    13 sqft 13.00 AC lot

    Residential land for sale in Lincolnshire, Illinois.

    View details
    Commercial Land with High Visibility
    Commercial Land with High Visibility

    100 Half Day Road, Lincolnshire, IL 60069

    Contact for pricing
    40 sqft

    Commercial land with strong visibility and access, suitable for multiple development concepts in an infill area.

    View details
    Vacant Land
    Vacant Land

    26376 N Farwell Rd, Mettawa, IL 60045

    $500,000

    Residential land & home lots

    View details
    Unimproved Land
    Unimproved Land

    8 Alexandra Drive, Mettawa, IL 60048

    $350,000

    Residential land & home lots

    View details

    Vernon Hills, IL Residential Land & Home Lots Market Trends and Statistics

    Explore 1 residential land & home lots for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 43,560 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for home sites in Vernon Hills, IL average $1,400,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 8
    Residential land & home lots 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) +3.3%
    Median Household Income $121,588
    College Educated 97.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60061 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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