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1820 N Milwaukee Ave - The Shoppes at Gregg's Landing 6.12 Acres of Commercial Land Offered at $2,133,499 in Vernon Hills, IL 60061

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INVESTMENT HIGHLIGHTS

  • Signalized intersection location
  • Prime retail location and excellent visibility
  • Proximity to major retailers
  • High-traffic area
  • Strong demographics
  • Potential for mixed-use development

EXECUTIVE SUMMARY

Introducing a promising investment and retail site opportunity: 1820 N Milwaukee Ave, a prime retail property zoned as B1-PUD and located in the heart of the desirable Vernon Hills retail corridor. Anchored by Mariano's, Menards, Lowe's & Aldi, this versatile space is a dream canvas for land or retail development, offering strategic positioning and immense potential for a lucrative venture. With permissive B1 PUD zoning and located at a signalized intersection along the active Milwaukee Avenue, this property
serves surrounding affluent suburbs and is just north of Melody Farms & Hawthorn Mall. With its sought-after location and powerhouse anchors, this property is an excellent chance to invest in a valuable piece of real estate, poised for impactful growth and success.

PROPERTY FACTS

Price $2,133,499
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 6.12 AC
Zoning B1-PUD - Flexible Development Options

1 LOT AVAILABLE

Lot

Price $2,133,499
Price Per AC $348,480.50
Lot Size 6.12 AC
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-28-413-067
Land Assessment
$623,412
Improvements Assessment
$0
Total Assessment
$623,412
  • Listing ID: 34005849

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 1820 N Milwaukee Ave, Vernon Hills, IL 60061

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