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535 Lakeview Pky
Vernon Hills, IL 60061
Retail Property For Sale

Investment Highlights

  • Prime Restaurant Site near the Whole Foods-anchored Mellody Farm and Hawthorn Mall
  • Turnkey, Freestanding 6,664 SF Restaurant on a 1.69-acre parcel, with ample parking for approximately 104 vehicles
  • Strong Visibility from Milwaukee Avenue with a traffic count of 26,600 vehicles per

Executive Summary

• Prime Restaurant Site near the Whole Foods-anchored Mellody Farm retail center and Hawthorn Mall mixed-use redevelopment
• Strong Visibility from Milwaukee Avenue with a traffic count of 26,600 vehicles per day and access to a signalized intersection.
• Turnkey, Freestanding 6,664 SF Restaurant on a 1.69-acre parcel, with ample parking for approximately 104 vehicles.
• Affluent Demographics with an average household income of $211,022 and a population of over 133,000 within a 5-mile radius.
• Established Retail Corridor in Lake County, a strong commercial hub with over 114,000 employees in the surrounding area.

Property Facts

Sale Type
Owner User
Sale Conditions
High Vacancy Property
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,664 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.69 AC
Zoning
B-1 / Core Retail
Parking
50 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
216’ on Milwaukee Ave

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
15-03-101-005
Land Assessment
$454,036 CAD
Improvements Assessment
$340,252 CAD
Total Assessment
$794,288 CAD
  • Listing ID: 36881507

  • Date on Market: 2025-07-23

  • Last Updated:

  • Address: 535 Lakeview Pky, Vernon Hills, IL 60061

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