24729 N Milwaukee Avenue Vernon Hills, IL ^$ 1,475,000

24729 N Milwaukee Avenue

^$ 1,475,000

Back to search

24729 N Milwaukee Avenue

Vernon Hills, IL, 60061

^$ 1,475,000

Studio Baths0.0

Monthly Estimate*

^$ 9,202

24729 N Milwaukee Avenue, Vernon Hills, IL 60061 - Image 1

Studio

Lots and Land for sale in Vernon Hills, IL

for $1,475,000. The lot size is 5.

Approximately 4.8+/- acres comprised of two adjacent parcels. Zoned General Commercial, property can be used for retail, hospitality, restaurant, medical or other commercial uses. Property has utilities to site and overlooks the Des Plaines River. House on property being conveyed "AS IS". Taxes reflect total for both parcels. Frontage on Milwaukee 278'.

Lots and Land Contingent

Price

^$ 1,475,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 37,722

Style

Commercial

Lot Size

Town/City

Vernon Hills

County/Region

Lake

MLS | Web ID

12302639

Features

General

Utilities Electricity Available Natural Gas Available

Possession Closing

Zoning COMMR

Township Vernon

Tax Year 2023

Current Use Commercial

Ownership Fee Simple

Additional Parcels Description 15101001000000

County Lake

Property Type Land Land

Contingency Attorney/Inspection

Possible Use Commercial

Status Contingent

Directions East side of Milwaukee Avenue between Route 22 and Route 60

High School Adlai E Stevenson High School

City Vernon Hills

High School District 125

MLS Area Indian Creek / Vernon Hills

Elementary School Laura B Sprague School

Tax Annual Amount 37722

Middle/Junior High School Daniel Wright Junior High School

Additional Parcels Y/N Y

Standard Status Active Under Contract

Middle/Junior School District 103

Elementary School District 103

Exterior

Total Parking 0

Lot Dimensions 280X833

Lot Size Acres 5

Road Surface Type Asphalt

Frontage Length 278

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Fulton Grace Realty

Broker

angie@thecorteam.com

Affordability Calculator

$12,346

Per Month

Monthly Principal & Interest: $9,202
Monthly Property Taxes: $3,144
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Vernon Hills, IL

Average List Price ^$1,343,800

Percent of Sale Price 9%

About Vernon Hills, IL

26,157 Population

29% Since 2002

^$99,969 Median Income

40.88 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

567390 Elementary School

567596 Middle School

Adlai E Stevenson High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/3/2025	$1,475,000		Listed Price

Map

More homes like this one

homes for you

See all

24729 N Milwaukee Avenue, Vernon Hills, IL, 60061 is a Lots and Land for sale at $1,475,000 with a lot size of 5. 24729 N Milwaukee Avenue is a studio with 0.0 baths. The property's zip code is 60061 which is in Vernon Hills, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/10/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

24729 N Milwaukee Avenue

Lots and Land for sale in Vernon Hills, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home