625 Westmoreland Drive, Vernon Hills, Illinois 60061
$774,900
|
For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1962 |
| Property Taxes: | $14,043 |
| Days On Market: | 8 |
| Lot Size: | 0,00 |
Description
Investment & Rehab Opportunity in Vernon Hills Investors and rehabbers-don't miss this exceptional value-add opportunity in Vernon Hills, located within the award-winning Stevenson High School District. This property is eligible for residential financing, offering buyers additional flexibility in their acquisition strategy. This solid two-story brick building features four units, with two units per floor. Each unit offers a functional layout with a living room/dining area, kitchen, two bedrooms, and one bathroom, along with two dedicated parking spaces. Each unit is separately equipped with its own furnace, central A/C unit, and hot water tank, providing convenient utility separation. Additional property amenities include individual basement storage closets and a coin-operated washer and dryer in the basement. At least one unit is in need of updating, presenting an excellent opportunity for an investor or rehabber to add value through renovations, improvements, and strategic repositioning. Current Tenancy One unit is occupied on a month-to-month lease Two units are currently leased through May One unit is currently vacant and available for immediate occupancy or a swift renovation, creating an opportunity to bring the unit to the top of the market The property is being offered strictly AS-IS. With a desirable Vernon Hills location, strong school district, dedicated parking, residential financing eligibility, and significant value-add potential, this property presents a compelling opportunity for an investor, owner-occupant, or rehabber looking to renovate and reposition a multifamily asset.
Property Specifics
| Multi-unit | |
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| 1962 | |
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| No | |
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| Lake | |
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| 12734838 | |
| 15081130030000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
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High School
Adlai E Stevenson High School |
125 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 24 Aug, 2026 | Under contract | $774,900 | MRED MLS |
| 17 Aug, 2026 | Listed for sale | $774,900 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 70 X 117 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $14,043 |
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Listing Provided By
Essex 312, LLC
