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Vernon Hills, IL Specialty Properties for Sale

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Vernon Hills Retail Opportunity
Updated: May 27
Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
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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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
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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, 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.

Zoned Commercial Land Parcel
Zoned Commercial Land Parcel

13975 W Polo Trail Drive, Lake Forest, IL 60045

$3,000,000
1.17 AC lot

Commercial land parcel zoned COMMR, offered for sale in Lake Forest.

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Mixed-Use Day Care and Cafe
Mixed-Use Day Care and Cafe

600 N Field Dr, Lake Forest, IL 60045

Contact for pricing
137,498 sqft

Day care and an on-site cafe share an outdoor plaza with seating.

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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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Butterfield Road Commercial Property
Butterfield Road Commercial Property

738 S Butterfield Road, Mundelein, IL 60060

$85,000

Commercial property for sale on Butterfield Road, Mundelein, Illinois.

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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
Triangular Corner Commercial Land

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

Corner parcel near the Randall Road corridor, positioned across from Liberty Elementary School.

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Commercial Land Development Site
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 Market Trends and Statistics

Explore 2 specialty properties for sale in Vernon Hills, IL on our real estate platform. These investment opportunities span a total of 90,398 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 2

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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