Vernon Hills, Illinois Commercial Real Estate 0 Listings

Vernon Hills, Illinois: A Premier Destination for Commercial Real Estate

Introduction

Vernon Hills, Illinois is an attractive destination for commercial real estate (CRE) investment due to its robust economy and strategic location. As a suburban city located in Lake County, Vernon Hills boasts a thriving retail and office market, supported by a strong mix of industries including retail, healthcare, and professional services. The city's well-developed infrastructure and proximity to Chicago further enhance its appeal, making it an ideal spot for CRE professionals seeking opportunities in the region.

Economic and Industry Overview

Vernon Hills is home to a diverse economy with major industries that include retail, healthcare, and technology. The presence of prominent retail establishments and shopping centers such as Hawthorn Mall underscores the demand for retail properties. Additionally, healthcare facilities and corporate offices contribute to the need for office spaces. The city's economy is bolstered by regional economic development initiatives aimed at attracting businesses and fostering growth.

For more information on economic development efforts, visit the Lake County Partners website.

Strategic Location and Transportation Infrastructure

Vernon Hills benefits from an advantageous location with access to major transportation infrastructure. The city is served by major highways including Interstate 94 and Route 60, providing seamless connectivity to Chicago and other significant markets. Additionally, the proximity to O'Hare International Airport facilitates easy logistics and distribution for businesses.

For transportation information, refer to the Illinois Department of Transportation.

Commercial Real Estate Inventory & Zoning

The commercial real estate market in Vernon Hills is characterized by key submarkets such as the central business district and industrial corridors. Notable asset classes include retail, office, and industrial properties, with zoning regulations that support diverse developments. Recent zoning changes and incentives have been implemented to encourage new developments and investments.

Explore the Vernon Hills Zoning Map for detailed zoning information.

Major Employers and Institutions

Vernon Hills hosts a number of major employers that drive CRE demand, including top retailers, healthcare providers, and corporate headquarters. The presence of these institutions creates a steady demand for office and retail spaces. Notable employers include CDW, Zebra Technologies, and American Hotel Register Company.

For a comprehensive list of employers, visit the Village of Vernon Hills Economic Development page.

Notable Commercial Developments & Projects

Recent commercial developments in Vernon Hills include mixed-use projects and retail expansions. Public-private partnerships and designated Opportunity Zones further enhance the investment landscape. These projects are designed to boost economic growth and provide modern facilities for businesses.

Details on current projects can be found on the Vernon Hills Planning Department page.

Building Permits, Planning, and Development Tools

Access essential tools for planning and development in Vernon Hills:

Market Data & Economic Reports

Leverage available public data sets to understand Vernon Hills' economic landscape. Resources such as Census.gov and the city's Open Data Portal provide valuable insights. Brevitas utilizes AI-powered aggregation from public data and internal insights to offer comprehensive market analysis.

Explore Brevitas-powered dashboards for more information on Vernon Hills.

Why Use Brevitas for Vernon Hills, Illinois CRE?

Brevitas offers an innovative platform for CRE professionals in Vernon Hills. With AI-driven discovery, real-time market alerts, and smart property pages, Brevitas enhances your investment experience. Key features include: