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    Vernon Hills, IL Retail Space for Sale

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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.
    View details
    Staples Retail NNN Property
    Updated: Mar 12
    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 at 1600 N Milwaukee Avenue in Vernon Hills, IL
    Staples is operating on an NNN lease with about 13.6 years of primary term remaining
    Lease includes one 5‑year option with a 10% rent increase
    Rents are stated as 47% below market, creating a mark‑to‑market opportunity
    View details
    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 9 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 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
    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.

    View details
    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    1649-1665 N Buffalo Grove Rd, Buffalo Grove, IL 60089

    Contact for pricing
    12,721 sqft

    Multi-tenant retail building offered for sale with 12,721 SF of space and prominent intersection access.

    View details
    Retail Storefront Next to Restaurant
    Retail Storefront Next to Restaurant

    320 W Half Day Road, Buffalo Grove, IL 60089

    $370,000

    For sale storefront retail space on W Half Day Rd adjacent to Galbi House for customer exposure.

    View details
    Prime Libertyville Commercial Property
    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.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    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

    851 Milwaukee Ave, Vernon Hills, IL 60061

    Value Estimation by Request
    View details
    220 Hawthorn Village Cmns
    Restaurants

    220 Hawthorn Village Cmns, Vernon Hills, IL 60061

    Value Estimation by Request
    5,815 sqft 6.38 AC lot
    View details

    Vernon Hills, IL Retail Space Market Trends and Statistics

    Explore 4 retail space for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 33,035 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 6
    Grocery and convenience stores 1
    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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