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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
    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 8 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

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Drive-In Retail Space
    Drive-In Retail Space

    528 North Milwaukee Avenue, Wheeling, IL 60090

    $700,000
    5,500 sqft 1.00 AC lot

    Commercial building with flexible MXC zoning and access for retail, office, and medical office operations.

    View details
    5-Parcel Auto Shop Property
    5-Parcel Auto Shop Property

    1098-1122 Dundee Road, Palatine, IL 60074

    $3,529,000
    2.70 AC lot

    The property carries COMMR zoning and shares a lighted intersection with Walmart.

    View details
    Multi-Story Retail Space
    Multi-Story Retail Space

    2015 N Rand Road, Palatine, IL 60074

    Contact for pricing
    53,000 sqft 5.00 AC lot

    Retail property along Rand Road with substantial building area and Planned Unit Development zoning.

    View details
    Hotel-Front Retail Center
    Hotel-Front Retail Center

    701 N Milwaukee Ave, Wheeling, IL 60090

    Contact for pricing
    1,050 sqft

    Shopping center positioned in front of the Westin Hotel with excellent visibility and ample parking.

    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

    Estimated value:
    by Request
    View details
    220 Hawthorn Village Cmns
    Restaurants

    220 Hawthorn Village Cmns, Vernon Hills, IL 60061

    Estimated value:
    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 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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