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28251801
28251803

1750 N Milwaukee Ave, Vernon HIlls, IL 60061 For Sale

DS
IL IL 475.134920
Marcus & Millichap - Chicago Oak Brook
RK
IL IL 471013640
Marcus & Millichap - Chicago Oak Brook
Listed by Marcus & Millichap - Chicago Oak Brook
Unpriced
241 days on market
Updated 89 days ago
Under Contract

Development Land - Vernon Hills, IL (Chicago MSA)

Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 1.110

Anchored by Gregg’s Landing Community (1,300+ Housing Community)

Investment highlights

Anchored by Gregg’s Landing Community (1,300+ Master Planned Housing Community)

  • Located on 813 acres of the former Cuneo Estate in Vernon Hills.

  • Master planned luxury community with 1,305 residences across 20 neighborhoods.

  • Anchored by the 240 acre White Deer Run Golf Club, an 18 hole championship course.

  • Home to Hawthorn Mall, major retailers, dining, and entertainment, driving consistent consumer

  • traffic.

Highly Trafficked Corner Lot with 36,000+ Vehicles per Day

  • Retail presence of major anchors and specialty retailers creates a destination environment that attracts additional national tenants.

  • Affluent demographics of Vernon Hills and Lake County boast high household incomes, supporting premium retail demand.

Extremely Affluent Northern Suburb of Chicago ($177,000+ AHHI in 1-Mile)

  • Vernon Hills is part of Lake County, known for strong household incomes and high-quality schools.

  • Located 35 miles northwest of Chicago’s Loop, the village has ample space to enjoy the great outdoors.

  • Corporate presence with several Fortune 500 companies and regional offices nearby, supporting employment and housing demand.

  • Strategic location that is positioned near major highways (I 94, Route 60, Route 83), offering excellent connectivity to Chicago and Milwaukee.

Chicago MSA – 3rd Largest Metro in the U.S.

  • Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana.

  • The metro houses 9.6 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents.

  • The metro has one of the biggest economies in the nation, and is buoyed by its distribution, finance, manufacturing operations and growing high-technology sectors.

Listing Contacts

DS
IL IL 475.134920
Marcus & Millichap - Chicago Oak Brook
RK
IL IL 471013640
Marcus & Millichap - Chicago Oak Brook
Listed by Marcus & Millichap - Chicago Oak Brook

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Additional Information

Name
Steven Weinstock
License
471.011175
Brokerage
Marcus & Millichap
Title
Broker of Record
Name
Dominic Sulo
License
IL 475.134920
Brokerage Phone
630-570-2171
Name
Richard Kozarits
License
IL 471013640
Brokerage
Marcus & Millichap
Brokerage Phone
6305702221
Title
First Vice Presdient
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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