6 Phillip RdVernon Hills, IL 60061

  • Commercial real estate
  • 4.93 AC

Property Details for 6 Phillip Rd

Lot size
4.93 AC
Property type
Commercial real estate
APN
15-04-107-007
APU
1504107007

Description

This single-story, 21,621 square foot office building in Vernon Hills, IL, offers a unique opportunity for businesses seeking flexible space. Located on 4.93 acres and boasting 191 parking spaces, the property features 11 suites, with 8 currently available, ranging from 918 to 7,865 contiguous square feet. The building, constructed in 1986, is zoned OR&D and benefits from a high-traffic location along Route 60, experiencing 38,000 vehicles per day. Its convenient location offers close proximity to retail amenities, schools, new apartment complexes, and Advocate Condell Medical Center. The building is under new ownership and offers improvement incentives. Currently, 11,871 square feet of space is vacant, providing ample opportunity for immediate occupancy. While there are no elevators, the single-story design ensures easy accessibility. This property is ideal for a variety of medical or traditional office uses, offering a combination of convenience, visibility, and potential for customization. The minimum divisible space is 918 square feet, making it suitable for smaller businesses as well as larger organizations. This is a rare opportunity to secure prime office space in a thriving location.

Location Insight

City
Vernon Hills
County
Lake
State
Illinois
Latitude
42.2393
Longitude
-87.9623
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$64,348
$407,947
$361,210
$769,157
-
$1,223,963
$1,083,738
$2,307,701

FAQs

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