"Calling all Builders, Developers and Investors... Do I have a deal for you!! Vacant land opportunity, with R7 zoning (Multi-family unit building) in the heart of Vernon Hills! Rare properties like this one are so hard to find!! Tons of income potential! The neighbor to the east is a 6 unit building and has a comparable footprint. Build a duplex, town homes or condos. Buyer demand in this area is very high. Walking distance to the high-ranking middle & elementary schools, Big Bear Lake, Century Park, Peterson Park and tons of shopping! Opportunities like this don't come along very often. Make your appointment to see this property today! Some restrictions apply - (1) new building cannot be taller than two stories, (2) no commercial or recreational rezoning is allowed, (3) seller shall not be obligated to enter into a binding contract with the Buyer until and unless approval from at least two-thirds (2/3) of the homeowners at a duly convened membership meeting of the Homeowners Association (HOA) is obtained and documented and (4) all possessions located on the premises constitute the personal property of the seller and are subject to removal by the seller. Only the land, pool and building are being sold. Pool and onsite building need to get demolished at the buyer's expense. Property being sold in as-is condition."
Rare opportunity to find a commercially zoned Vacant Lot directly on Milwaukee Avenue in such a prime location. This property is located at the Northeast Corner of Milwaukee Avenue and Apple Orchard Lane. The site has approximately 232' of frontage on Milwaukee Avenue. The site is approximately 74,567 SF. Great site lines on Milwaukee Avenue while being conveniently located at the south end of Vernon Hills but almost adjacent to Lincolnshire too. All utilities are to the site. Ready for development now!
Looking for an exceptional opportunity to invest in commercial real estate? Look no further than this prime 4-acre vacant land in Vernon Hills, Illinois! Located in the heart of the city's bustling commercial district, this property offers an unbeatable combination of location, visibility, and accessibility. Featuring high-traffic exposure, ample parking, and flexible zoning options, this land is the perfect site for a wide range of commercial ventures, including office buildings, retail centers, hotels, and more. With a growing population and a thriving business community, Vernon Hills is quickly becoming one of the most sought-after commercial real estate markets in the region. Don't miss out on this rare chance to acquire a prime piece of property in one of Illinois' most dynamic and rapidly evolving cities. Act now and seize the opportunity to make your mark on the future of Vernon Hills! Zoned b1.
The median home value in Vernon Hills, IL is $400,000. This is higher than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in Vernon Hills, IL is $400,000. Approximately 62.64% of Vernon Hills homes are owned, compared to 29.84% rented, while 7.53% are vacant. Vernon Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Vernon Hills real estate agent to arrange a tour today!
Vernon Hills, Illinois has a population of 26,723. Vernon Hills is more family-centric than the surrounding county with 42.43% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Vernon Hills, Illinois is $107,938. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Vernon Hills is 40.5 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 35.1 inches per year, with 38.4 inches of snow per year.