Essex 312 Lists 5- Unit Multifamily Property in Sought-After Vernon Hills
CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC has been exclusively engaged to market for sale 630 Westmoreland Dr., a well-maintained five-unit property totaling approximately 3,234 square feet, offering a stable unit mix and strong long-term fundamentals in a supply constrained suburban market.
630 Westmoreland Dr. is comprised of a studio unit, and four 2-Bed/1-Bath units, each offering around 646 SF of interior space, individual unit HVAC, common area laundry facilities, and on-site parking. The property also underwent recent renovations, including an updated roof in 2020 and resurfaced parking lot in 2019.
Vernon Hills Location Supported by Strong Schools and Amenities
Vernon Hills is a highly regarded Lake County community known for its exceptional schools, amenities, and overall quality of life. The village is served by top-performing public school districts, including Vernon Hills School District 73½ and Adlai E. Stevenson High School District 128, making education a defining feature of the area.
Retail Access, Transportation, and Regional Connectivity
The area offers strong retail, dining, and entertainment options, anchored by Hawthorn Mall and a wide selection of restaurants and services throughout the village and nearby Libertyville. The community is well connected via Routes 45, 60, and 83, offering efficient access to surrounding employment centers. Metra service from nearby stations provides a direct connection to downtown Chicago, while O’Hare International Airport is easily accessible for regional and national travel.
Supply-Constrained Suburban Multifamily Market
Located within a quiet residential neighborhood, 630 Westmoreland Dr. benefits from proximity to major employment centers, retail corridors, and regional transportation routes, making it an attractive option for both tenants and investors. Vernon Hills’ strong household incomes, quality school districts, and limited multifamily inventory continue to support rental demand and long-term value appreciation.
“This is truly a uniquely desirable asset class, as this location provides tenants with the opportunity to send their kids to one of the most elite school systems in the Country and provides residency in one of the most sought-after suburbs in Chicago. There’s a reason buildings like my client’s seldomly come to market.”, said Listing Broker Jack Doyle, an Associate at Essex Three-Twelve.
About Essex Three-Twelve:
Essex Three-Twelve is Chicago’s first multi-family brokerage company focusing exclusively on servicing investors in the 3-to-12-unit market. Essex Three-Twelve brokers are highly trained, exceptionally focused, and extremely motivated. Whether clients are seasoned investors or new to the multi-family world, the team provides tailored service and market insights needed to help achieve real estate investment goals.