Vernon Hills, IL Retail properties & Spaces for sale

Updated: Mar 7

Retail Space in Vernon Hills

850 N Milwaukee Avenue |, Vernon Hills, IL 60061

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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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Updated: May 26

Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

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71,248 sqft

Investment‑Grade Guaranty: Backed by The Kroger Company (NYSE: KR), S&P Rated BBB/Stable
Long‑Term NNN Lease: 11 years of base term remaining with four 5‑year renewal options
High‑Volume Performance: Flagship Prototype Store build‑to‑suit location
Rental Growth: Enjoy 10% base rent increases every 5 years.
$144,000 AAHI: Located within five miles of the location.

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Mariano's Fresh Market Investment Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

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71,248 sqft

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

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 3 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.

Retail Space in Downtown Libertyville

121 W Church Street, Libertyville, IL 60048

$1,500,000

0.71 AC lot

2,000+ sq ft retail space in new building.

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Prime Libertyville Commercial Property

134 S Milwaukee Avenue, Libertyville, IL 60048

$375,000

0.10 AC lot

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

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Mundelein Retail Investment Opportunity

1501-1575 S Lake St, Mundelein, IL

$14,974,000

89,357 sqft · 24.60 AC lot

Retail property in thriving economy with national tenants.

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Bank Ground Lease Opportunity

3196 W Il Rte 60, Mundelein, IL

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4,976 sqft · 53.75 AC lot

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

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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.

Commercial Land in High-Traffic Area

1290 S Butterfield Road, Mundelein, IL 60060

$399,000

C2-zoned vacant lot near I-94 and Route 60.

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Prime Downtown Libertyville Lot

121 West Church Street, Libertyville, IL 60048

Contact for pricing

Rare opportunity to own a lot in downtown Libertyville.

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Mundelein Commercial Development Opportunity

427 E Il Route 83, Mundelein, IL 60060

$349,900

1.00 AC lot

Prime commercial land in Mundelein, seller financing available.

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Mundelein, IL Commercial Land

331 Plaza Circle lot: 4, Mundelein, IL 60060

$286,000

0.43 AC lot

Commercial land available in Mundelein, Illinois.

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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.

RESIDENTIAL PARKING GARAGE

11 Constitution Ct, Vernon Hills, IL 60061-1102

Value Estimation by Request

240 sqft

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RESIDENTIAL PARKING GARAGE

60 Michigan Ct, Vernon Hills, IL 60061-1105

Value Estimation by Request

240 sqft

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RESIDENTIAL PARKING GARAGE

930 Market Ct, Vernon Hills, IL 60061-1104

Unit 1

Value Estimation by Request

240 sqft

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Lifestyle centers

851-1101 Milwaukee Ave, Vernon Hills, IL 60061

Value Estimation by Request

258,691 sqft

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Individual retail properties

851 Milwaukee Ave, Vernon Hills, IL 60061

Value Estimation by Request

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Retail properties & Spaces

1220 Us-45, Vernon Hills, IL 60061

Value Estimation by Request

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Restaurants

220 Hawthorn Village Cmns, Vernon Hills, IL 60061

Value Estimation by Request

5,815 sqft · 6.38 AC lot

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

Explore 10 retail properties & spaces for sale in Vernon Hills, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 156,381 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.

Vernon Hills, IL Retail Properties & Spaces for Sale

850 N Milwaukee Avenue |, Vernon Hills, IL 60061

1720 N Milwaukee Ave, Vernon Hills, IL 60061

1720 N Milwaukee Ave, Vernon Hills, IL 60061