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Vernon Hills, IL

Retail

Vernon Hills, IL Retail Properties & Spaces for Sale

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Long Grove, IL Mundelein, IL Buffalo Grove, IL Hawthorn Woods, IL Prairie View, IL Lincolnshire, IL Libertyville, IL Lake Forest, IL

6 properties

Retail Space in Vernon Hills

Updated: Mar 7

Retail Space in Vernon Hills

850 N Milwaukee Avenue |, Vernon Hills, IL 60061

Contact for pricing

13,885 sqft

High‑visibility corner location at a super‑regional intersection (Townline Road & Milwaukee Avenue) with 60,000 VPD.
Located directly in front of Hawthorn Mall, undergoing a major mixed‑use redevelopment (635,000 SF retail & 561 multi‑family residences).
Across the street from Mellody Farm, anchored by Whole Foods, Nordstrom Rack, REI, HomeGoods, and Barnes & Noble.
Adjacent to 260 luxury apartments at Mellody Farm.
Divisible ground floor space available: 13,885 SF.

NNN Ground Lease Property

Updated: Jul 29

NNN Ground Lease Property

151 E Townline Rd, Vernon Hills, IL 60061

Contact for pricing

3,454 sqft

3,454‑square‑foot property
New 2026 construction
Ground lease structured as NNN
15‑year lease term
10% rental escalations every five years

Mariano's Fresh Market Investment Opportunity

Mariano's Fresh Market Investment Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing

71,248 sqft 1.89 AC lot

Single-tenant NNN leased grocery asset with long-term lease.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Vernon Hills Retail Opportunity

Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing

71,248 sqft

High-volume retail location with long-term lease and investment-grade guarantee.

Staples Retail NNN Property

Staples Retail NNN Property

1600 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing

19,150 sqft

Fee-simple retail NNN asset with Staples on an NN lease and about 13.6 years of primary term remaining.

Retail Outlot Opportunity Near Mall

Retail Outlot Opportunity Near Mall

445 E Townline Rd, Vernon Hills, IL 60061

Contact for pricing

Rare retail outlot for sale in strong retail market.

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 6 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, 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.

Multi-Tenant Retail Building in Libertyville

Multi-Tenant Retail Building in Libertyville

211 S Milwaukee Ave, Libertyville, IL 60048

$1,900,000

17,620 sqft 1.09 AC lot

Multi-tenant retail building with redevelopment potential in a prime location.

Two-Story Multi-Tenant Retail Office

Two-Story Multi-Tenant Retail Office

430 N. Milwaukee Avenue, Lincolnshire, IL 60069

Contact for pricing

23,342 sqft

Two-story multi-tenant building with 65 parking spaces and dual-sided monument signage fronting Milwaukee Avenue.

Retail Building on Milwaukee Avenue

Retail Building on Milwaukee Avenue

725 Milwaukee Avenue, Lincolnshire, IL 60069

$5,250,000

52,318 sqft 4.07 AC lot

52,318 SF building on 4.07 acres with high traffic.

Automotive Repair Facility

Automotive Repair Facility

211 S Milwaukee Ave, Libertyville, IL 60048

Contact for pricing

17,868 sqft 1.09 AC lot

Automotive and repair facility with fully sprinklered single-story space, partial second floor, and ample parking.

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.

Commercial Land for Development

Commercial Land for Development

427 E Il Route 83, Mundelein, IL 60060

$349,900

1.00 AC lot

Commercial development land with existing sewer infrastructure and flexible options for sale or land lease.

Prime Downtown Libertyville Lot

Prime Downtown Libertyville Lot

121 West Church Street, Libertyville, IL 60048

Contact for pricing

Rare opportunity to own a lot in downtown Libertyville.

Mundelein, IL Commercial Land

Mundelein, IL Commercial Land

331 Plaza Circle lot: 4, Mundelein, IL 60060

$286,000

0.43 AC lot

Commercial land available in Mundelein, Illinois.

Land Available Near I-94

Land Available Near I-94

601 Lakehurst Road, Waukegan, IL 60085

$999,500

Land for sale near I-94 and Belvidere Rd Exit.

Off-Market Properties in Vernon Hills, IL

Consider similar Off-Market properties in Vernon Hills, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

11 Constitution Ct

RESIDENTIAL PARKING GARAGE

11 Constitution Ct, Vernon Hills, IL 60061-1102

$285,000

Estimated value

240 sqft

60 Michigan Ct

RESIDENTIAL PARKING GARAGE

60 Michigan Ct, Vernon Hills, IL 60061-1105

$330,000

Estimated value

240 sqft

930 Market Ct, Unit 1

RESIDENTIAL PARKING GARAGE

930 Market Ct, Vernon Hills, IL 60061-1104

Unit 1

$225,000

Estimated value

240 sqft

851-1101 Milwaukee Ave

Lifestyle centers

851-1101 Milwaukee Ave, Vernon Hills, IL 60061

Value Estimation by Request

258,691 sqft

851 Milwaukee Ave

Individual retail properties

851 Milwaukee Ave, Vernon Hills, IL 60061

Value Estimation by Request

1220 Us-45

Retail properties & Spaces

1220 Us-45, Vernon Hills, IL 60061

Value Estimation by Request

220 Hawthorn Village Cmns

Restaurants

220 Hawthorn Village Cmns, Vernon Hills, IL 60061

Value Estimation by Request

5,815 sqft 6.38 AC lot

Vernon Hills, IL Retail Properties & Spaces Market Trends and Statistics

Explore 13 retail properties & spaces for sale in Vernon Hills, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 178,985 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 28K

Population Growth (5Y) +3.3%

Median Household Income $121,588

College Educated 97.4%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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