Active

$774,900

625 Westmoreland Drive, Vernon Hills, IL 60061
8 Beds4 Baths7 days
625 Westmoreland Drive·Vernon Hills, IL 60061
8Bedrooms
4Bathrooms
1962Year Built
About This Home

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.

MLS# 12734838Listed August 17, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms20

Size & Structure

Year Built1962
Lot Size70 X 117

Location

CountyLake
TownshipLibertyville
Zip Code60061

Financial

List Price$774,900
Annual Taxes (2025)$14,043
Monthly Tax Est.$1,170
Parcel #15081130030000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Vinyl SidingBrick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Yes
Schools
High School
Adlai E Stevenson High School
District: 125
Tax & Financial
Annual Taxes
$14,043
Tax Year 2025
Monthly Tax Est.
$1,170
per month
Property Location

625 Westmoreland Drive, Vernon Hills, IL 60061Lake County

$774,900
625 Westmoreland Drive
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
70 X 117
$14,043/yr taxes
$5,243
estimated monthly payment
Principal & Interest
$4,072/mo
Property Tax
$1,170/mo
$774,900
20% — $154,980
3%50%
6.875%
3%12%
Loan Amount
$619,920
Down Payment
$154,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Essex 312, LLC
Agent: Jack Doyle
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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