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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
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.
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 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 6.12 AC |
| Property Type | Land | ||
| Zoning | B1-PUD - Flexible Development Options | ||
| 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 | Lot Size | 6.12 AC |
| Price Per AC | $348,480.50 |
| Price | $2,133,499 |
| Price Per AC | $348,480.50 |
| Lot Size | 6.12 AC |
1 1
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 11-28-413-067 | Improvements Assessment | $0 |
| Land Assessment | $623,412 | Total Assessment | $623,412 |
Property Taxes
Parcel Number
11-28-413-067
Land Assessment
$623,412
Improvements Assessment
$0
Total Assessment
$623,412
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1820 N Milwaukee Ave - The Shoppes at Gregg's Landing
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