Vernon Hills, IL
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    Vernon Hills, IL Retail Properties & Spaces for Sale

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    Mundelein, IL Lincolnshire, IL Libertyville, IL
    Retail Space in Vernon Hills
    Contact for pricing
    13,885 SF

    Retail Space in Vernon Hills

    850 N Milwaukee Avenue |, Vernon Hills, IL 60061

    Multi-tenant outlot building with high visibility and redevelopment potential.

    • 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.
    Updated: Mar 7
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    Mariano's Fresh Market Investment Opportunity
    Contact for pricing
    71,248 SF

    Mariano's Fresh Market Investment Opportunity

    1720 N Milwaukee Ave, Vernon Hills, IL 60061

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

    • Long‑term NNN lease with Mariano's (11 years remaining).
    • Investment‑grade guarantor: The Kroger Company (NYSE: KR).
    • Significant net operating income: $2,439,338 annually.
    • Rare 10% rental increases every 5 years during the base term and 12.5% increases during options.
    • Built in 2011 as a build‑to‑suit prototype for Mariano's.
    Updated: Feb 2
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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 2 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.

    Prime Libertyville Commercial Property
    $375,000
    0.10 Acres

    Prime Libertyville Commercial Property

    High-visibility commercial property ideal for office or retail use.

    134 S Milwaukee Avenue, Libertyville, IL 60048
    View details
    Turnkey Restaurant/Retail Building on Milwaukee
    $699,900

    Turnkey Restaurant/Retail Building on Milwaukee

    Freestanding, remodeled commercial building suitable for restaurant or retail business.

    327 S Milwaukee Avenue, Libertyville, Libertyville, IL 60048
    View details
    Mundelein Retail Investment Opportunity
    $14,974,000
    89,357 SF

    Mundelein Retail Investment Opportunity

    Retail property in thriving economy with national tenants.

    1501-1575 S Lake St, Mundelein, IL
    View details
    Bank Ground Lease Opportunity
    Contact for pricing
    4,976 SF

    Bank Ground Lease Opportunity

    Long-term ground lease with rent escalations in Mundelein, Illinois.

    3196 W Il Rte 60, Mundelein, IL
    View details

    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 on Route 120
    $2,000,000

    Commercial Land on Route 120

    Commercial land available at the intersection of Route 45 and 120.

    18451 W Il Route 120, Grayslake, IL 60030
    View details
    Land Available Near I-94
    $999,500

    Land Available Near I-94

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

    601 Lakehurst Road, Waukegan, IL 60085
    View details
    Land in North Chicago, IL
    $89,900

    Land in North Chicago, IL

    Commercial land available for sale in North Chicago, Illinois.

    1718 Martin Luther King Jr Drive, North Chicago, IL 60064
    View details
    Highland Park Mixed-Use Development Site
    $1,600,000
    0.83 Acres

    Highland Park Mixed-Use Development Site

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details

    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

    11 Constitution Ct

    RESIDENTIAL PARKING GARAGE • 240 SF
    Value Estimation by Request
    11 Constitution Ct, Vernon Hills, IL 60061-1102
    View details
    60 Michigan Ct

    60 Michigan Ct

    RESIDENTIAL PARKING GARAGE • 240 SF
    Value Estimation by Request
    60 Michigan Ct, Vernon Hills, IL 60061-1105
    View details
    930 Market Ct, Unit 1

    930 Market Ct, Unit 1

    RESIDENTIAL PARKING GARAGE • 240 SF
    Value Estimation by Request
    930 Market Ct, Vernon Hills, IL 60061-1104
    View details
    851-1101 Milwaukee Ave

    851-1101 Milwaukee Ave

    Lifestyle centers • 258,691 SF
    Value Estimation by Request
    851-1101 Milwaukee Ave, Vernon Hills, IL 60061
    View details
    851 Milwaukee Ave

    851 Milwaukee Ave

    Individual retail properties
    Value Estimation by Request
    851 Milwaukee Ave, Vernon Hills, IL 60061
    View details
    1220 Us-45

    1220 Us-45

    Retail properties & Spaces
    Value Estimation by Request
    1220 Us-45, Vernon Hills, IL 60061
    View details
    220 Hawthorn Village Cmns

    220 Hawthorn Village Cmns

    Restaurants • 5,815 SF
    Value Estimation by Request
    220 Hawthorn Village Cmns, Vernon Hills, IL 60061
    View details

    Vernon Hills, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 9 retail properties & spaces for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 85,133 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for stores in Vernon Hills, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

    Shopping centers 5
    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%

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