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Vernon Hills Outlot Opportunity 235 N Milwaukee Ave 0.72 Acres of Commercial Land for Lease in Vernon Hills, IL 60061

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HIGHLIGHTS

  • Located on Milwaukee Avenue with 22,000 VPD
  • Surrounded by major retail centers and residential density
  • Pylon signage available for maximum visibility
  • 0.72-acre outlot adjacent to proposed grocery anchor
  • High-income demographics: $201K avg household income (3-mile)
  • Part of a phased mixed-use redevelopment with multifamily and senior housing

LOT AVAILABLE

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Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 0.72 AC

0.72 Acres available.

PROPERTY OVERVIEW

Positioned along the high-traffic corridor of Milwaukee Avenue with 22,000 vehicles per day, this 0.72-acre outlot offers a prime opportunity for retailers seeking visibility and access in the heart of Vernon Hills. The site sits within a dynamic mixed-use redevelopment zone that includes multifamily, senior housing, and retail components, creating a built-in customer base and vibrant community setting. Surrounded by established retail centers such as Hawthorn Village Commons, Townline Square, and Red Top Plaza, the property benefits from strong co-tenancy and regional draw. The area’s demographics are compelling, with average household incomes exceeding $200,000 within a 3-mile radius and a daytime population of nearly 48,000, supporting robust consumer spending potential. The outlot is adjacent to a proposed grocery development and features pylon signage opportunities, making it ideal for quick-service restaurants, banks, or freestanding retail concepts. With excellent frontage and multiple access points, the site is well-positioned to capture both local and commuter traffic.

PROPERTY FACTS

Total Space Available 0.72 AC
Property Type Land
Property Subtype Commercial
Proposed Use Retail
  • Listing ID: 37866815

  • Date on Market: 2025-09-29

  • Last Updated:

  • Address: 235 N Milwaukee Ave, Vernon Hills, IL 60061

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