$1,495,000
$355K PRICE DROP

Estimated payment $9,390/month

Total Views 32,778
1.7 Acres
$879,412 Price per Acre
74,052 Sq Ft Lot

About This Lot

Rare opportunity to find a commercially zoned Vacant Lot directly on Milwaukee Avenue in such a prime location. This property is located at the Northeast Corner of Milwaukee Avenue and Apple Orchard Lane. The site has approximately 232' of frontage on Milwaukee Avenue. The site is approximately 74,567 SF. Great site lines on Milwaukee Avenue while being conveniently located at the south end of Vernon Hills but almost adjacent to Lincolnshire too. All utilities are to the site. Ready for development now! Real Estate Taxes shown are for the entire 6.6 acres with buildings. The actual amount for this vacant site will only be a fraction of that amount.

Listing Agent

Jeffery Ohm

Premier Realty Group, Inc. License #471011309 Listed on: 07/22/2024

Property Details

Property Type

  • Land

Lot Details

  • 1.7 Acre Lot
  • Lot Dimensions are 232 x 327 x256 x246
  • Property fronts a highway
  • Property is zoned COMMR

Schools

  • Adlai E Stevenson High School

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Interior Features

  • Basement: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 232
  • Frontage Type: US Highway
  • List Price: 1495000
  • Waterfront: No

Utilities

  • Laundry Features: None
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

Schools

  • High School: Adlai E Stevenson High School
  • Middle/Junior School District: 103

Lot Info

  • Lot Size Acres: 1.7
  • Lot Dimensions: 232 X 327 X256 X246
  • Zoning: COMMR
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 74,567
  • Land Description: Cleared,Level

Rental Info

  • Board Number: 10
  • Rental Price: 1700000

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 102396
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

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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 $102,397 $1,151,697 $562,911 $588,786
2023 $100,423 $1,086,711 $531,148 $555,563
2022 $100,423 $1,082,490 $529,085 $553,405
2021 $96,516 $1,070,818 $523,380 $547,438
2020 $94,051 $1,074,472 $525,166 $549,306
2019 $91,269 $1,070,511 $523,230 $547,281
2018 $85,707 $1,031,222 $504,027 $527,195
2017 $84,752 $1,007,151 $492,262 $514,889
2016 $81,538 $964,427 $471,380 $493,047
2015 $80,402 $901,923 $440,830 $461,093
2014 $81,280 $913,895 $446,682 $467,213
2012 $79,341 $915,726 $447,577 $468,149
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Price Changed $1,495,000 -12.1% --
02/18/2025 02/18/25 Price Changed $1,700,000 -8.1% --
07/23/2024 07/23/24 For Sale $1,850,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- --
Trustee Deed -- --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $950,000 Commercial
Closed $3,000,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12118788

Midwest Real Estate Data (MRED)

APN: 15-15-201-003