400 N Lakeview Pky - Office FOR SALE


Vernon Hills, IL 60061
$2,400,000 USD
847-846-6902
400 N Lakeview Pky, Vernon Hills, IL for Sale
$2,400,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

400 N Lakeview Pky
Vernon Hills, IL 60061


HIGHLIGHTS

  • Rare Infill Redevelopment Site – Few parcels of this scale remain in South Lake County with industrial building potential.
  • Zoning Advantage – Currently zoned Office/Business Park, allowing for an easy transition to industrial uses.
  • Located in Continental Executive Park in Vernon Hills with immediate access to I-94, connecting Chicago, O’Hare, and Milwaukee.
  • Strong Labor Market – Surrounded by a highly skilled workforce and dense residential base.
  • Corporate & Retail Adjacency – Situated near major corporate campuses, retail centers, and service amenities that enhance tenant appeal.
  • High-Demand Submarket – Southern Lake County industrial vacancy remains near historic lows, driving demand for modern space.

OVERVIEW

400 Lakeview Parkway presents a rare infill zoned and improved industrial redevelopment opportunity in the heart of Vernon Hills, Lake County, Illinois. Zoned for business park use with a clear path toward construction of an industrial building, the site offers occupiers, developers and investors a unique chance to reposition a well-located property in one of Chicagoland’s most supply-constrained industrial submarkets. With excellent access to I-94, a strong labor pool, and immediate proximity to major corporate campuses and amenities, this parcel is ideally suited for logistics, light manufacturing, or advanced industrial users. Opportunities of this scale and zoning flexibility are exceptionally scarce in Vernon Hills, making this property a true standout. Investor & Developer Upside – Ideal for warehouse, distribution, light industrial, or advanced manufacturing redevelopment

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Continental Executive Parke I

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

207

LAND DETAILS

LAND ACRES

4.61 AC

LAND SF

200,812 SF

ZONING

-

APN/PARCEL ID

15-04-401-003,15-04-401-009

ASK ABOUT THIS PROPERTY

Gordon LamphereVan Vlissingen & CompanyMore Info
847-846-6902

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Gordon LamphereVan Vlissingen & CompanyMore Info
847-846-6902

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