$1,475,000
PENDING

24729 N Milwaukee Ave Vernon Hills, IL 60061

Estimated payment $11,165/month

Total Views 8,057
5 Acres
$295,000 Price per Acre
217,800 Sq Ft Lot

About This Lot

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'.

Listing Agent

Angie Corcione

Fulton Grace Realty License #471008538 Listed on: 03/03/2025

Fulton Grace Realty

Co-Listing Agent

Julie Presta

Fulton Grace Realty License #475172128

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,722

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 280x833
  • Additional Parcels
  • Property is zoned COMMR

Schools

  • Laura B Sprague Elementary School
  • Daniel Wright Junior High School
  • Adlai E Stevenson High School

Property Details

Property Type

Land

Est. Annual Taxes

$37,722

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 278
  • Frontage Type: City Street
  • List Price: 1475000
  • Waterfront: No
  • Rail Availability: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available

Schools

  • Elementary School: Laura B Sprague School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Daniel Wright Junior High School
  • Middle/Junior School District: 103

Lot Info

  • Additional Parcels Description: 15101001000000
  • Additional Parcels: Yes
  • Lot Size Acres: 5
  • Lot Dimensions: 280X833
  • Zoning: COMMR
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 233240
  • Total Listed Lots Avail: 2

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 37722
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,709 $256,804 $195,862 $60,942
2023 $21,283 $242,313 $184,810 $57,503
2022 $21,283 $241,372 $184,092 $57,280
2021 $20,457 $238,769 $182,107 $56,662
2020 $19,932 $239,583 $182,728 $56,855
2019 $19,334 $238,699 $182,054 $56,645
2018 $14,364 $182,222 $127,656 $54,566
2017 $14,163 $177,968 $124,676 $53,292
2016 $13,615 $170,418 $119,387 $51,031
2015 $13,392 $159,374 $111,650 $47,724
2014 $13,553 $161,489 $113,132 $48,357
2012 $13,101 $161,813 $113,359 $48,454
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $1,475,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $1,200,000 Chicago Title
Interfamily Deed Transfer -- None Available
Deed -- None Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12302639

Midwest Real Estate Data (MRED)

APN: 15-10-101-011