Vernon Hills, IL Specialty properties for sale

Updated: May 27

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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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

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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 2 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Brick Church Building with Sanctuary

2126 10th Street, Waukegan, IL 60085

$469,000

0.39 AC lot

Brick religious facility with a sanctuary, lower-level family center, kitchen, classrooms, restrooms, and parking.

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Chick-fil-A NNN Property

790 S Northpoint Blvd, Waukegan, IL 60085

Contact for pricing

5,222 sqft 2.00 AC lot

Secured by a 15-year absolute NNN ground lease with Chick-fil-A, Inc.

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Specialty Property with Central Air

425 Townline Road, Mundelein, IL 60060

$2,200,000

The property is zoned COMMR and includes central air conditioning.

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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.

Triangular Corner Commercial Land

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000

2.41 AC lot

Raw commercial parcel positioned near the Randall Road corridor and across from an elementary school.

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Commercial Land Development Site

4222 W Division Street, Chicago, IL 60651

$1,325,000

Large urban parcel with prior approval for a 75-unit supportive housing and commercial project.

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Vernon Hills, IL Specialty Properties for Sale

1720 N Milwaukee Ave, Vernon Hills, IL 60061

1600 N Milwaukee Ave, Vernon Hills, IL 60061