625 Westmoreland Drive Vernon Hills, IL $ 774,900
625 Westmoreland Drive
$ 774,900
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625 Westmoreland Drive

Vernon Hills, IL, 60061
$ 774,900
Bedrooms8 Baths4.0 Sq 2,440

Monthly Estimate*

$ 4,893

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Multi-Family Home for sale in Vernon Hills, IL

for $774,900 with 8 bedrooms and 4 full baths. This 2,440 square foot home was built in 1962.

Investment & Rehab Opportunity in Vernon Hills Investors and rehabbers-don't miss this exceptional value-add opportunity in Vernon Hills, located within the award-winning Stevenson High School District. This property is eligible for residential financing, offering buyers additional flexibility in their acquisition strategy. This solid two-story brick building features four units, with two units per floor. Each unit offers a functional layout with a living room/dining area, kitchen, two bedrooms, and one bathroom, along with two dedicated parking spaces. Each unit is separately equipped with its own furnace, central A/C unit, and hot water tank, providing convenient utility separation. Additional property amenities include individual basement storage closets and a coin-operated washer and dryer in the basement. At least one unit is in need of updating, presenting an excellent opportunity for an investor or rehabber to add value through renovations, improvements, and strategic repositioning. Current Tenancy One unit is occupied on a month-to-month lease Two units are currently leased through May One unit is currently vacant and available for immediate occupancy or a swift renovation, creating an opportunity to bring the unit to the top of the market The property is being offered strictly AS-IS. With a desirable Vernon Hills location, strong school district, dedicated parking, residential financing eligibility, and significant value-add potential, this property presents a compelling opportunity for an investor, owner-occupant, or rehabber looking to renovate and reposition a multifamily asset.

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Multi-Family Active

Price

$ 774,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,043

Style

Year Built

1962

Town/City

Vernon Hills

County/Region

Lake

MLS | Web ID

12734838

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Vinyl Siding Brick
Year Built 1962
Township Libertyville
Tax Year 2025
Ownership Fee Simple
Gross Income 41820
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions From Route 60 take Butterfield Road south to Route 45. Turn west on Route 45 and travel approximately 1/2 block to Oakwood Avenue (at the traffic light). Turn south on Oakwood Avenue and continue app
High School Adlai E Stevenson High School
City Vernon Hills
High School District 125
MLS Area Indian Creek / Vernon Hills
Tax Annual Amount 14043
Standard Status Active
Middle/Junior School District 73
Elementary School District 73
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Public
Total Parking 8
Lot Dimensions 70 X 117
Waterfront Y/N N
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* Excluded Features
List By
Essex 312, Llc

Broker

jackdoyle@essex312.com

Email

Affordability Calculator

$6,063
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,893
Monthly Property Taxes
$1,170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1537262 Elementary School
1538427 Middle School
Adlai E Stevenson High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2026$774,900 Listed Price

Map


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625 Westmoreland Drive, Vernon Hills, IL, 60061 is a Multi-Family Home for sale at $774,900 with 2,440 sqft. 625 Westmoreland Drive has 8 bedrooms, 4.0 baths, and was built in 1962. The property's zip code is 60061 which is in Vernon Hills, IL