847-780-8063
195 N Milwaukee Ave, Vernon Hills, IL for Sale
Storefront Retail/Office - FOR SALE
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195 N Milwaukee Ave
Vernon Hills, IL 60061


HIGHLIGHTS

  • Freestanding 9,500-square-foot building on 1.19 acres in a high-traffic corridor.
  • Located along Milwaukee Avenue with approximately 22,000 vehicles per day.
  • Positioned less than two miles from I-94, providing regional connectivity to Chicago and O’Hare Airport.
  • Surrounded by national retailers including Whole Foods, REI, Nordstrom Rack, and Best Buy.
  • Additional land area for parking with 30 on-site spaces; zoned B1.

OVERVIEW

195 North Milwaukee Avenue offers an opportunity to acquire a 9,500-square-foot freestanding retail building within an affluent suburban shopping hub in Vernon Hills, part of the Chicago MSA. Positioned along Milwaukee Avenue, which sees approximately 22,000 vehicles per day, the property benefits from excellent accessibility and visibility. Just one mile south of both Hawthorn Mall and Melody Farms, this site is adjacent to one of the region’s premier retail clusters anchored by retailers such as Whole Foods, REI, Barnes & Noble, Nordstrom Rack, and many others. Interstate 94 is within two miles, ensuring direct connectivity to Chicago and surrounding suburbs. The existing layout features a highly functional showroom, multiple private offices, a reception area, kitchen, restrooms, and warehouse/workshop space with a drive-in door and second-floor offices overlooking the main floor. This configuration is flexible for owner-users seeking showroom, retail, or service opportunities. The surrounding trade area supports high household incomes exceeding $150,000 and average home values over $470,000.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

B1

APN/PARCEL ID

15-03-301-039

ASK ABOUT THIS PROPERTY

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.