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151 E Townline Rd
Vernon Hills, IL 60061

$3,695,652 USD

Restaurant For Sale  •  6,300 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,454 SF
  • Lot Size 1.55 AC
  • Building Class B
  • Year Built 2026
  • Cap Rate 4.60 %
  • Tenancy Single
  • Zoning B1
10 Transit Score
50 Walk Score

Highlights

Affluent trade area with $198,000 average household income within a five-mile radius
Ground lease – NNN – Zero landlord responsibilities
New 2026 construction
Situated along Illinois Route 60/Townline Road (35,000 VPD), just minutes from Interstate 94 (145,000 VPD)
5 minutes from Vernon Hills High School (1,500 students) and 10 minutes from Stevenson High School (4,700 students)
Lake County hosts 9+ Fortune 500 headquarters including AbbVie, Abbott Laboratories, Walgreens, Baxter International, W.W. Grainger, Discover

Property Flyers

Cap Rate: 4.60 %

Major Tenants

Tenant SF Occupied Lease End Date
Raising Cane's 5/31/2041

Amenities

  • Signage
  • Drive Thru
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Vernon Hills Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.3 mi
Prairie View Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 3.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 56 min - 29.1 mi
Chicago Midway International 65 min - 42.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group