For Sale
$1,985,000

371 Townline RdVernon Hills, IL 60061

Prime location, 5,675 SF, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 5,675-square-foot freestanding building, situated on a 1.33-acre lot in Vernon Hills, Illinois, presents a unique investment opportunity. Formerly a Chili's restaurant, this Class A property boasts a prime location on busy Townline Road, experiencing over 30,000 vehicles daily. Built in 2010, the single-tenant building offers ample parking with 97 spaces and excellent visibility thanks to prominent monument and building signage. The property is zoned commercial and is well-suited for a variety of uses, including medical, retail, or restaurant establishments. Its strategic location across from Hawthorne Elementary School and near other retail anchors like Starbucks and Walgreens ensures high traffic and strong consumer demographics. The surrounding area features affluent suburban communities, with an average household income exceeding $131,643 within a one-mile radius and a population density of 132,629 within a five-mile radius. The property's features include one story, 97 parking spaces, and is for sale for $1,985,000 ($349.78 per square foot). This is an ideal opportunity for owner-users seeking a high-traffic location in a thriving community. The property's strong location and versatile zoning make it an attractive investment for discerning buyers.

Highlights

  • 371 West Townline Rd, Vernon Hills, IL
  • 5,675 SF freestanding building, former Chili's, suitable for retail or medical; built in 2010, 97 parking spaces
  • Highly visible single-tenant outlot with monument and building signage on Townline Road.

Property Details for 371 Townline Rd

Property type
Retail properties, Restaurants
Square Feet
5,675 SF
Class
A
Year Built
2010
Buildings
1
Stories
1
Lot Size (sq. ft)
57,935 SF
Units
1

Location Insight

City
Vernon Hills
County
Lake
State
Illinois
Latitude
42.2399502
Longitude
-87.9738839
371 Townline Rd, Vernon Hills, Illinois

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371 Townline Rd
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