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Listing provided courtesy of Fulton Grace RealtyMREDas Distributed by MLSGrid- MLS# 12615751MLS Provider

24729 N Milwaukee AvenueVernon Hills, IL 60061

Vacant Land · 5.00 Acres
$1,475,000 Active

24729 N Milwaukee Avenue Overview

Time on Site:
80 days
Visits:
0

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'.

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24729 N Milwaukee Avenue Facts & Features

  • Type Vacant Land
  • Lot 5.00 Acres

Details

General

School Information

  • School District: 125
  • Elementary School: Laura B Sprague School
  • Middle Or Junior School: Daniel Wright Junior High School
  • High School: Adlai E Stevenson High School

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Indian Creek / Vernon Hills
  • Township: Vernon

Tax Information

  • Tax Annual Amount: $38,271.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 15101010110000
  • Possible Use: Commercial
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 278
  • Frontage Type: City Street
  • Lot Size Acres: 5
  • Lot Size Dimensions: 280X833
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available

24729 N Milwaukee Avenue Neighborhood

Community

60061 (VERNON HILLS) Demographics

40
Median Age
3,322
Population Density (per sq. mile)
67%
College Educated
$100,709
Estimated Median Income
6,736
Estimated Total Home Owners
3,408
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

24729 N Milwaukee Avenue Monthly Cost

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$ %
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$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

24729 N Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$671,098
Average List Price
$275
Average Price per Square Foot
24
Properties Sold
113
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

24729 N Milwaukee Avenue History

Date Event Value Agent
4/15/2026Source: MRED Status Change
Active
4/10/2026Source: MRED Added to Database
April 10, 2026