Vernon Hills, IL
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    Vernon Hills, IL Retail Space for Sale

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    Long Grove, IL Mundelein, IL Lincolnshire, 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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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 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
    $1,500,000
    0.71 Acres
    Retail Space in Downtown Libertyville

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

    121 W Church Street, Libertyville, IL 60048

    View details
    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
    Highwood Retail Property For Sale
    $1,250,000
    6,400 SF
    Highwood Retail Property For Sale

    6,400 SF retail property in Highwood, Lake County.

    742 Sheridan Road, Highwood, IL 60040

    View details
    Two-Story Retail Building For Sale
    $1,250,000
    16,400 SF
    Two-Story Retail Building For Sale

    Two-story retail building in Highwood entertainment corridor.

    210 Green Bay Rd, Highwood, 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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    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.

    851 Milwaukee Ave
    Individual retail properties
    Value Estimation by Request

    851 Milwaukee Ave, Vernon Hills, IL 60061

    View details
    220 Hawthorn Village Cmns
    Restaurants
    5,815 SF Lot: 6.38 Acres
    Value Estimation by Request

    220 Hawthorn Village Cmns, Vernon Hills, IL 60061

    View details

    Vernon Hills, IL Retail Space Investment Opportunities Market Analysis

    Explore 3 retail space for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 13,885 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for retail space 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

    Commercial property segments ranked by active listings on the market

    Shopping centers 5
    Grocery and convenience stores 2
    Storefront properties 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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