195 N Milwaukee Avenue Vernon Hills, IL $ 4,750,000
195 N Milwaukee Avenue
$ 4,750,000
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195 N Milwaukee Avenue

Vernon Hills, IL, 60061
$ 4,750,000
Baths0.0 Sq 9,500

Monthly Estimate*

$ 33,180

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View a Virtual Tour
Studio

Commercial Property for sale in Vernon Hills, IL

for $4,750,000. This 9,500 square foot building was built in 2002 on a lot size of 1.18999.

**Prime Retail Space in Vibrant Vernon Hills** Welcome to a premier commercial opportunity in the heart of Vernon Hills, Illinois. This 9500 square foot retail building offers an unparalleled location for businesses seeking to thrive in a dynamic market. Situated in a bustling commercial area, this property enjoys high visibility and easy access, making it an ideal destination for retail, dining, or service-oriented ventures. **Key Features:** 1. **Size & Layout:** Boasting 9500 square feet of versatile space, this building provides ample room for a variety of business concepts. With an open floor plan, it offers flexibility for customization to suit the needs of any tenant. 2. **Location:** Nestled in the vibrant community of Vernon Hills, this property benefits from its proximity to major thoroughfares and shopping centers. Positioned in a high-traffic area, it ensures constant exposure to a diverse customer base. 3. **Accessibility:** Convenient access is a key advantage of this property. Located near major highways and arterial roads, it ensures easy reach for both local patrons and commuters. Abundant parking spaces further enhance accessibility for customers and employees alike. 4. **Visibility:** With prominent signage opportunities and large windows, this building offers excellent visibility to attract foot traffic and drive-by customers. Its strategic placement within a commercial hub ensures maximum exposure for businesses. 5. **Amenities:** Equipped with modern amenities, including HVAC systems, restroom facilities, and utility connections, this property is ready to accommodate various business needs. High-speed internet and telecommunications infrastructure are available to support seamless operations. 6. **Surrounding Area:** Vernon Hills is a thriving community known for its strong retail sector and affluent demographics. Nearby attractions, including shopping malls, recreational facilities, and dining establishments, contribute to the area's appeal as a retail destination. **Ideal for:** - Retail Stores - Restaurants & Cafes - Fitness Centers - Professional Offices - Showrooms - Entertainment Venues **Don't miss this opportunity to establish your business in one of Vernon Hills' most sought-after locations. Contact us today to schedule a viewing and explore the possibilities this exceptional property has to offer.**

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Commercial Active

Price

$ 4,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 48,182

Style

Lot Size

1.18999

Year Built

2002

Town/City

Vernon Hills

County/Region

Lake

MLS | Web ID

12041896

Features
General
Cooling Central Air
Year Built 2002
Electric Other
Tenant Pays Other
Stories 2
Property SubType Free Standing Store
Tax Year 2023
County Lake
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Rte. 21 and Rte 60 South to address
City Vernon Hills
Total Units 1
MLS Area Indian Creek / Vernon Hills
Lot Size Square Feet 51836
Street Name Milwaukee
Tax Annual Amount 48182
Additional Parcels Y/N N
Leasable Area 9500
Virtual Tour https://my.matterport.com/show/?m=gNMcCawtJSc&brand=0&mls=1&
Days on Market 10
Standard Status Active
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Exterior
Building Area Total 9500
Lot Dimensions 277.94' X 39.56' X 108.52 X 314.68' X 241'
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Baird & Warner

Broker

Ben.Lovinger@bairdwarner.com

Email

Affordability Calculator

$37,195
Per Month
89%
11%
0%
Monthly Principal & Interest
$33,180
Monthly Property Taxes
$4,015
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$4,750,000 Listed Price

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195 N Milwaukee Avenue, Vernon Hills, IL, 60061 is a Commercial Property for sale at $4,750,000 with 9,500 sqft and a lot size of 1.18999. 195 N Milwaukee Avenue is a studio with 0.0 baths and was built in 2002. The property's zip code is 60061 which is in Vernon Hills, IL