900 Woodlands PkwyVernon Hills, IL 60061

  • Commercial real estate
  • 4.63 AC

Property Details for 900 Woodlands Pkwy

Lot size
4.63 AC
Property type
Commercial real estate
APN
15-15-103-034
APU
1515103034

Description

This exceptional 67,258 square foot multi-tenant flex/warehouse/R&D property, located at 900 Woodlands Parkway in Vernon Hills, Illinois, presents a unique investment opportunity. The building, constructed in 1987 and classified as Class B, sits on a generous 3.1-acre lot and offers a range of space options, from a minimum of 6,065 square feet to a maximum contiguous space of 19,428 square feet. Currently, the entire 67,258 square feet is vacant, providing flexibility for a single large tenant or multiple smaller occupants. The property boasts a 16-foot ceiling height, ideal for various industrial uses. Logistical needs are met with one loading dock and one drive-in door. Power is supplied at 100 amps. The building features nine total suites and is zoned B-2. Many spaces are fully air-conditioned, enhancing comfort and functionality. Located in Lake County, Illinois, with a zip code of 60061, this property offers convenient access to major transportation routes. The annual property taxes are $1.93 per square foot. This versatile space is perfect for businesses seeking a functional and well-located industrial or flex space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $41,682,612
    Hospitality
    $38,181,048
    Educational
    $31,766,184
    Medical
    $32,858,672
    Retail
    $49,414,064

Location Insight

City
Vernon Hills
County
Lake
State
Illinois
Latitude
42.2086
Longitude
-87.9394
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
$119,764
$660,017
$477,040
$1,137,057
-
$1,980,249
$1,431,263
$3,411,512

FAQs

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