- For Sale $2,200,000
- Property Type VacantLand
- Lot Size 2.21 Acre
- Date Updated May 18, 2026
Description
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.
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
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Contacts
David Conroy
Cawley Commercial Real Estate
Location
Contact Listing Broker
David Conroy
Cawley Commercial Real Estate