Shopping Center

Vernon Hills, IL Shopping Centers for Sale

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Two-Building Shopping Center
Updated: Oct 30
Two-Building Shopping Center

1302-1356 S Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
31,916 sqft 4.92 AC lot
31,916 SF of retail space in two buildings: 5,606 SF and 26,310 SF
4.92‑acre site
14 tenant spaces; six tenants occupy 46.4% of the rentable area
B‑1 General Business District zoning; village provisions allow retail, restaurant, and medical uses
Buildings constructed in the early 1960s and early 1980s
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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 1 Off-Market properties to explore as potential leads, plus 2 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.

Starbucks-Anchored Retail Center
Starbucks-Anchored Retail Center

1085 E Lake Cook Rd, Wheeling, IL 60090

$5,615,000
27,232 sqft

Neighborhood retail center with a drive-through anchor and illuminated tenant signage.

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Retail Strip Center with Six Suites
Retail Strip Center with Six Suites

605-625 N Midlothian Rd, Mundelein, IL 60060

Contact for pricing
9,750 sqft 1.22 AC lot

Six-suite retail center with restaurant occupancy and direct exposure at a signalized intersection.

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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.

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Service-Tenant Shopping Center
Service-Tenant Shopping Center

1501-1575 S Lake St, Mundelein, IL 60060

Contact for pricing
89,357 sqft

Shopping center with net-lease arrangements and service-oriented national tenants.

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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 with Road Frontage
Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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Commercial Corner Lot
Commercial Corner Lot

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

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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.

851-1101 Milwaukee Ave
Lifestyle centers

851-1101 Milwaukee Ave, Vernon Hills, IL 60061

Estimated value: by Request
258,691 sqft
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Vernon Hills, IL Shopping Centers Market Trends and Statistics

Explore 2 shopping centers for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 31,916 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
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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