31 W US Highway 45 Vernon Hills, IL $ 600,000
31 W US Highway 45
$ 600,000
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31 W US Highway 45

Vernon Hills, IL, 60061
$ 600,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,694

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Multi-Family Home for sale in Vernon Hills, IL

for $600,000 with 5 bedrooms and 3 full baths. This home was built in 1951 on a lot size of 0.43.

Don't miss this rare opportunity to own a fully renovated, high-income two-unit property in Vernon Hills offering exceptional flexibility and income potential. This property features a spacious main 3-bedroom, 2-bath home with a finished basement plus a private 2-bedroom, 1-bath apartment, each with its own entrance-ideal for house hacking, in-law living, or rental income. Both units have been fully rehabbed with modern kitchens, updated baths, new flooring, fresh paint, and updated mechanicals, making this a true move-in-ready investment or owner-occupant opportunity. Major capital items have already been addressed with 2 brand-new A/C units, a new water heater, brand-new windows throughout, a newly pumped water tank, a roof under 10 years old, and a brand-new sump pump, plus separate gas and electric utilities for each unit. The property also offers covered parking, additional driveway space, a generous lot, and is walkable to the Metra station, and is currently vacant and unleased so the new owner can move in or place tenants immediately.

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Multi-Family Active

Price

$ 600,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 345

Style

Cape Cod

Lot Size

0.43

Year Built

1951

Town/City

Vernon Hills

County/Region

Lake

MLS | Web ID

12547842

Features
General
Sewer Septic Tank
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style Cape Cod
Construction Materials Vinyl Siding
Year Built 1951
Township Vernon
Tax Year 2024
Ownership Fee Simple
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions Head toward Deerpath Dr Turn right at the 1st cross street onto Deerpath Dr Turn left onto US-45 S
High School Vernon Hills High School
City Vernon Hills
High School District 128
MLS Area Indian Creek / Vernon Hills
Tax Annual Amount 345
Middle/Junior High School Hawthorn Middle School South
Standard Status Active
Middle/Junior School District 73
Elementary School District 76
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Interior
Basement Finished Full
Total Bedrooms 5
Room Type Foyer
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Exterior Amenities Balcony
Parking Features Yes Attached Driveway Owned Garage
Water Source Well
Total Parking 4
Foundation Details Concrete Perimeter
Lot Dimensions 17424
Lot Size Acres 0.43
Waterfront Y/N N
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* Excluded Features
List By
Exp Realty

Broker

jay.j.patel@exprealty.com

Email

Affordability Calculator

$3,723
Per Month
99%
1%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$29
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
564499 Elementary School
1539925 Middle School
Vernon Hills High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$600,000 Listed Price

Map


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31 W US Highway 45, Vernon Hills, IL, 60061 is a Multi-Family Home for sale at $600,000 with a lot size of 0.43. 31 W US Highway 45 has 5 bedrooms, 3.0 baths, and was built in 1951. The property's zip code is 60061 which is in Vernon Hills, IL