Retail

Vernon Hills, IL Retail Properties & Spaces 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
Freestanding Flex Space with Showroom
Updated: Apr 15
Freestanding Flex Space with Showroom

195 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
9,500 sqft
9,500‑square‑foot freestanding building with showroom, warehouse/workshop, offices, and service areas
Drive‑in door supports workshop or warehouse functionality
Approximately 22,000 vehicles per day along Milwaukee Avenue
Less than two (2) miles from Interstate 94
Approximately one (1) mile south of Hawthorn Mall and Melody Farms
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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.
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Vernon Hills Retail Opportunity
Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

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71,248 sqft

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

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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.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 4 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.

Two-Story Mixed-Use Retail Office
Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

Contact for pricing
47,863 sqft

Two-story mixed-use building with retail and office space at a downtown street-corner location.

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Retail Space in New Building
Retail Space in New Building

121 W Church Street, Libertyville, IL 60048

$1,500,000
0.71 AC lot

First-floor commercial unit with central air and water availability in downtown Libertyville.

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Retail Investment Property with 5% Cap
Retail Investment Property with 5% Cap

990 S. Waukegan Rd., Lake Forest, IL 60045

Contact for pricing
12,046 sqft

Retail property offered with stated 5% cap rate and 12,046-square-foot building for sale.

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Retail Center Restaurant and Stores
Retail Center Restaurant and Stores

1742-1768 North Milwaukee Avenue, Libertyville, IL 60048

Contact for pricing

2003-built retail center offers contiguous storefront space and a second-generation restaurant suite with FF&E available.

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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.

Prime Downtown Libertyville Lot
Prime Downtown Libertyville Lot

121 W Church St Unit 2, Libertyville, IL 60048

$1,500,000
4,500 sqft

Rare opportunity to own a lot in downtown Libertyville.

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Land Available Near I-94
Land Available Near I-94

601 Lakehurst Road, Waukegan, IL 60085

$6,495,000

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

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Land in Prime Deer Park Location
Land in Prime Deer Park Location

20406 N Rand Road, Deer Park, IL 60047

$1,000,000
1.79 AC lot

1.79 acres of commercial land in Deer Park, Illinois.

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Planned Development Commercial Land
Planned Development Commercial Land

20412 N Rand Road N, Deer Park, IL 60047

$4,446,000
4.46 AC lot

PUD-zoned land with 225 feet of Rand Road frontage and a multi-parcel configuration.

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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

Estimated value:
$285,000
240 sqft
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60 Michigan Ct
RESIDENTIAL PARKING GARAGE

60 Michigan Ct, Vernon Hills, IL 60061-1105

Estimated value:
$330,000
240 sqft
View details
930 Market Ct, Unit 1
RESIDENTIAL PARKING GARAGE

930 Market Ct, Vernon Hills, IL 60061-1104

Unit 1
Estimated value:
$225,000
240 sqft
View details
851-1101 Milwaukee Ave
Lifestyle centers

851-1101 Milwaukee Ave, Vernon Hills, IL 60061

Estimated value: by Request
258,691 sqft
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851 Milwaukee Ave
Individual retail properties

851 Milwaukee Ave, Vernon Hills, IL 60061

Estimated value: by Request
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220 Hawthorn Village Cmns
Restaurants

220 Hawthorn Village Cmns, Vernon Hills, IL 60061

Estimated value: by Request
5,815 sqft 6.38 AC lot
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Vernon Hills, IL Retail Properties & Spaces Market Trends and Statistics

Explore 11 retail properties & spaces for sale in Vernon Hills, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 113,783 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 5
Showrooms 2
Grocery and convenience stores 1

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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