24857 Milwaukee Avenue

24857 Milwaukee Avenue, Vernon Hills, IL 60061

  • For Sale $2,200,000
  • Property Type VacantLand
  • Lot Size 2.21 Acre
  • Date Updated Aug 19, 2025
Nestled in the thriving community of Vernon Hills, IL, the area surrounding the property offers a diverse range of amenities that cater to the needs of prospective office or office building investors. With its close proximity to major transportation arteries and convenient access to O'Hare International Airport, the location provides a strategic advantage for businesses and their clients. Nearby attractions such as the renowned Hawthorn Mall and the picturesque Big Bear Lake offer opportunities for leisure, dining, and retail experiences, enriching the area's appeal for employees and visitors. This dynamic environment also presents an array of housing options and a strong sense of community, making it an enticing location for prospective office investors seeking an engaging and convenient business environment.Discover a prime investment opportunity in the Vernon Hills area with this expansive ± 2.21 acres of land, ideally positioned for diverse development possibilities. Boasting approximately 96,268 sq. ft. and a frontage of 140’ on Milwaukee Avenue, this property presents a strategic location for prospective land or other investors. Offering the potential for greenfield development, alongside the annexation needed in Vernon Hills, this parcel provides a unique opportunity for expansion and innovation. With village flexibility on re-zoning and utilities to the site, this property offers a compelling setting for investors seeking to capitalize on a potential larger project in collaboration with neighboring parcels. Don't miss the chance to explore the possibilities for development and investment in this strategically positioned property.
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Highlights

  • Ability to develop a larger project with neighbors
  • Development Type: Greenfield | Unincorporated Lake County | Annexation in Vernon Hills Needed
  • Electric: ComEd
  • Frontage: 140’ on Milwaukee Avenue (IDOT)
  • Gas: North Shore Gas
  • Lot Dimensions: Width: ~750’ | Length: 140’
  • Parcel ID: 15-10-101-006
  • Parcel is at a stoplight intersection
  • Possibility to Purchase another 4.26 acres directly south of the property
  • Property Taxes: $12,735
  • Sale Price: $2,200,000
  • Total Land Area: ± 2.21 Acres (± 96,268 Sq. Ft.)
  • Utilities to site
  • Village flexible on re-zoning
  • Water/Sewer: Lake County Public Works

Contacts

broker

Cawley Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    20/100 Car-Dependent
  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Vernon Hills, IL
  • Zip Code 60061
  • Market Chicago

Points of Interest

  • Mundelein

    4.25 miles

  • Libertyville

    4.73 miles

  • Libertyville Metra Station

    4.73 miles

  • Deerfield

    5.97 miles

  • Fort Sheridan

    6.04 miles

  • Lake Bluff

    6.09 miles

  • Great Lakes

    7.43 miles

  • Highland Park

    7.76 miles

  • Prairie Crossing

    7.77 miles

  • Ravinia

    8.96 miles

  • ChargePoint

    0.15 miles

  • CDW Charging Station

    0.56 miles

  • Sam's Club

    0.62 miles

  • Phillips 66

    0.96 miles

  • Ernie's Shell

    1.06 miles

  • Hawthron Mall Charging Station

    1.36 miles

  • Volta

    1.50 miles

  • Volta Charging Station

    1.51 miles

  • Marathon

    1.54 miles

  • BP

    1.83 miles

  • Brookdale Employee Parking

    0.33 miles

  • Staff Parking

    0.51 miles

  • Sophmore / Visitor Lot

    0.62 miles

  • Junior / Visitor Lot

    0.62 miles

  • Visitor Lot

    0.63 miles

  • Senior / Visitor Lot

    0.65 miles

  • Vernon Hills High School

    0.66 miles

  • Des Plaines River Trail Parking Access

    1.11 miles

  • Port Clinton Parking Lot

    1.42 miles

  • Field House/Pool Parking Lot E

    1.62 miles

  • Extended Stay America - Chicago - Vernon Hills - Lake Forest

    0.38 miles

  • Hotel Indigo Chicago-Vernon Hills, an IHG Hotel

    0.78 miles

  • Extended Stay America - Chicago - Vernon Hills - Lincolnshire

    0.88 miles

  • Holiday Inn Express Vernon Hills

    1.62 miles

  • Lincolnshire Marriott Resort

    2.05 miles

  • SpringHill Suites Lincolnshire

    2.08 miles

  • Hilton Garden Inn Lake Forest Mettawa

    2.25 miles

  • Home2 Suites by Hilton Lincolnshire Chicago

    2.26 miles

  • Residence Inn Chicago Lake Forest/Mettawa

    2.26 miles

  • The Forester a Hyatt Place Hotel

    2.44 miles

  • Jimmy John's

    0.58 miles

  • Chipotle

    0.62 miles

  • Tropical Smoothie Cafe

    0.63 miles

  • Panera Bread

    0.74 miles

  • Tsukasa of Tokyo

    0.86 miles

  • On The Border

    0.91 miles

  • Five Guys

    0.94 miles

  • Dunkin'

    1.00 miles

  • MOD Pizza

    1.02 miles

  • Green Basil

    1.04 miles

  • Vernon Hills High School

    0.64 miles

  • College of Lake County Southlake Campus

    1.30 miles

  • Adlai E Stevenson High School

    1.77 miles

  • Half Day School

    1.77 miles

  • Daniel Wright Junior High School

    1.78 miles

  • Loyola at Cuneo Mansion and Gardens

    1.81 miles

  • Meridian School

    2.57 miles

  • Laura B Sprague School

    2.64 miles

  • Lake Forest Academy

    2.91 miles

  • The Children's House Montessori School

    3.28 miles

  • Kindercare

    1.96 miles

  • The Goddard School

    2.17 miles

  • Riverwoods Montessori School

    3.61 miles

  • Dearhaven Child Care and Learning Center

    4.53 miles

  • KinderCare

    4.79 miles

  • Deerfield Montessori School

    5.54 miles

  • Alta Vista Montessori School

    5.77 miles

  • The Goddard School of Hawthorn Woods (Lake Zurich)

    6.56 miles

  • Ravinia Nursery School

    7.36 miles

  • George W Lutz Family Center

    8.97 miles

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broker

Cawley Commercial Real Estate

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