Corcoran Urban Real Estate
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3 Properties Within 0.5 miles of: 31 W Us Highway 45, Vernon Hills

31 W Us Highway 45
Vernon Hills, IL 60061

  • 5 Beds
  • Built In 1951
Price

$580,000

Est Payment
$2,805 / month (details)  
Taxes
$345  
Beds
5  
Rooms
18  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
17424  
Built
1951  
Neighborhood
Indian Creek / Vernon Hills  
MLS
#12547842
Status
Active (49 days)

Property Description

Don't miss this rare opportunity to own a fully renovated, high-income two-unit property in Vernon Hills offering exceptional flexibility and income potential. This property features a spacious main 3-bedroom, 2-bath home with a finished basement plus a private 2-bedroom, 1-bath apartment, each with its own entrance-ideal for house hacking, in-law living, or rental income. Both units have been fully rehabbed with modern kitchens, updated baths, new flooring, fresh paint, and updated mechanicals, making this a true move-in-ready investment or owner-occupant opportunity. Major capital items have already been addressed with 2 brand-new A/C units, a new water heater, brand-new windows throughout, a newly pumped water tank, a roof under 10 years old, and a brand-new sump pump, plus separate gas and electric utilities for each unit. The property also offers covered parking, additional driveway space, a generous lot, and is walkable to the Metra station, and is currently vacant and unleased so the new owner can move in or place tenants immediately.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Well
  • Sewer Septic Tank

Additional Information

Exterior Features
Balcony
Parking
4 Parking Spaces (2 Garage Spaces), Yes, Attached, Driveway, Owned, Garage
Schools
Vernon Hills High School (128), Hawthorn Middle School South (73), District 76

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

01-15-2026 Listed at $600,000
02-18-2026 Price decreased by $20,000 to $580,000
Last Modified 2/24/26 12:05 AM

Nearby Transportation

  • North Central Service 0.3 mi
  • I 94 East 3.5 mi
  • I 94 West 3.7 mi
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