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31 W US Highway 45, Vernon Hills, IL
Step into a rare find in Vernon Hills. A beautifully renovated residence that offers space, versatility, and built-in income potential. This thoughtfully updated home features a spacious 3-bedroom, 2-bath main living area with a finished basement, plus a separate 2-bedroom, 1-bath private living space with its own entrance-perfect for extended family, guests, or added rental flexibility. Every corner of the home has been refreshed with modern finishes, including updated kitchens and bathrooms, new flooring, and fresh paint throughout, creating a clean, move-in-ready feel. Behind the scenes, major improvements have already been taken care of, including two new A/C units, a new water heater, newer windows, a recently serviced water tank, a roof under 10 years old, and a brand-new sump pump. The property also offers covered parking, additional driveway space, and sits on a generous lot. Currently vacant, it's ready for immediate occupancy-whether you're looking for a primary residence with extra space or a smart investment with flexible living options in the highly sought-after Vernon Hills High School district!
Property Type
Single Family
Year Built
1951
Lot Size
5,662 sqft
Price / Sqft
$197
Full Baths
3
MLS #
MRD12601516
Listing Type
Residential
Market
MRED
District
128
Elementary
Hawthorn Elementary School (Sout
Middle
Hawthorn Middle School South
High School
Vernon Hills High School
31 W US Highway 45, Vernon Hills, IL 60061 — Lake County
Jay Patel
eXp Realty
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How this home compares across city, state, and national benchmarks
Listed at $550,000, this 5-bed house in Vernon Hills is 43% above the Census median home value of $384,800 for Vernon Hills. Compared to 3 other 5-bed homes in Vernon Hills (averaging $1,082,663), this property is 49% below average. Illinois's median home value is $152,970, putting this listing 260% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 26 homes for sale
Standout Features
Standard
Vernon Hills has a population of 26,772 with a median household income of $120,625 and a homeownership rate of 66.3%. The median home value is $384,800 and the median rent is $1,855/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data