545 Lakeview Parkway, Vernon Hills, IL 60061 - Photo 1

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$2,500,000 Just Listed

For Sale
Active
Business
5,321 Sq. Ft.
Updated 1 hour ago

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Property Description

Triple NNN Property. Full occupancy. Operating income (NOI) $175,593. Great Cap Rate. New 2023 construction/Kyuramen Japanese Restaurant operates as an International Franchise & Tang Express Chinese Fast Food.

Full Property Details

Full Property Details for 545 Lakeview Pkwy

General

Price: $2,500,000
Taxes: $42,823 (2025)
Status: Active
Type: Business
Source: MRED
MLS ID: 12784610
Updated: Today (10/14/2026)
Added to Site: Today

Business

Name: Tang Express & Kyuramen
Business Type: Food & Beverage, Restaurant
Years in Business: 1 to 3 Yea
Seating Capacity: 100 or More

Location

Area: Indian Creek / Vernon Hills
County: Lake
Driving Directions: I-94 north to Townline Road, west to Milwaukee Avenue, south to subject property
Location Details: Central Business District, Freestanding/Urban

Heating & Cooling

Cooling Type: Central Air Conditioning, Central Individual, Exhaust Fan
Heating Type: Forced Air

Utilities

Onsite: Electricity to Site, Natural Gas Available, Water Available

Structural Information

Construction: Brick
Exterior Const.: Brick
Roof: Rubber
Stories/Levels: 2
Square Feet: 5,321
Current Bldg. Use: Commercial

Lot Features

Lot Size (Sq. Ft.): 69,696
Lot Size Range: 1.0 to 1.99 Acres
Lot Dimensions: 264 x 227 x 293.23 x 226
Potential Use: Commercial
Zoning: COMMR

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $42,823
Tax Year: 2025
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Repairs, Scavenger, Sewer, Gas

Disclosures and Reports

Ownership: Corporation
Property ID: 15031010090000

Buyer's Brokerage Compensation: Contact Listing Agent

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— 545 Lakeview Pkwy —

Nicholas Di Brizzi

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(630) 954-4600 direct

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Schools

Schools serving 545 Lakeview Pkwy

School Districts:Hawthorn Community Consolidated School District 73, Libertyville Community High School District 128

Name	Grades	Distance
Hawthorn School for Young Learners 637 North Aspen Drive, Vernon Hills, IL 60061	K-	1.3 mi
Hawthorn Aspen Elementary School 500 North Aspen Drive, Vernon Hills, IL 60061	1-5	1.5 mi
Hawthorn Middle School South 600 North Aspen Drive, Vernon Hills, IL 60061	6-8	1.4 mi
Vernon Hills High School 145 Lakeview Parkway, Vernon Hills, IL 60061	9-12	0.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 545 Lakeview Pkwy Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/14/2026

Listed

$2,500,000

111.86%

MLS

8/10/2022

Sold

$1,180,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 545 Lakeview Pkwy

Year

Property Taxes

Change

Tax Assessment

Change

2024

$42,823

-17%

$534,169

11%

2023

$51,641

27%

$479,575

-13%

2023

$40,640

-3%

$552,653

26%

2022

$41,933

-4%

$436,927

-5%

2021

$43,864

-13%

$460,546

-6%

2020

$50,503

—

$491,068

-15%

2019

$50,503

$574,540

2018

$48,604

$553,453

2017

$47,629

$540,534

2016

$46,283

$517,604

2015

$45,787

-2%

$484,059

—

2014

$46,850

-1%

$484,059

-1%

2013

$47,171

$490,484

-2%

2012

$44,995

—

$499,814

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 545 Lakeview Pkwy

545 Lakeview Parkway, Vernon Hills, IL 60061 (MLS# 12784610) is a Business property. 545 Lakeview Parkway is currently listed for $2,500,000 and was received on October 14, 2026. This property is listed by Nicholas Di Brizzi from our Oak Brook Office.Want to learn more about 545 Lakeview Parkway? Do you have questions about finding other Business real estate for sale in Vernon Hills? You can browse all Vernon Hills real estate or contact a Coldwell Banker agent to request more information.

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545 Lakeview Pkwy Vernon Hills, IL 60061