31 W US Highway 45 Vernon Hills, IL 60061 New

UPDATED: 01/21/2026 06:07 AM ON MARKET: 8 days on market

$600,000

5 Beds3 Baths0.43 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12547842

Style Cape Cod

Bedrooms 5

Year Built 1951

Annual Tax Amount $345

Tax Year 2024

Lot Size 0.430 Acres

Lot Dimensions 17424

Property Sub-Type Two to Four Units

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.