For Sale
Photo 1 of Condo for sale at 307 Somerset Ln #307, Vernon Hills, IL 60061 | MLS# 12719299 | Listing updated on 2026-08-04
Photo 2 of Condo for sale at 307 Somerset Ln #307, Vernon Hills, IL 60061 | MLS# 12719299 | Listing updated on 2026-08-04
Photo 3 of Condo for sale at 307 Somerset Ln #307, Vernon Hills, IL 60061 | MLS# 12719299 | Listing updated on 2026-08-04
Photo 4 of Condo for sale at 307 Somerset Ln #307, Vernon Hills, IL 60061 | MLS# 12719299 | Listing updated on 2026-08-04
Photo 5 of Condo for sale at 307 Somerset Ln #307, Vernon Hills, IL 60061 | MLS# 12719299 | Listing updated on 2026-08-04
24+
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$219,000

  • Beds Icon2 Beds
  • Beds Icon
    1 Bath

    1 full bath

  • Beds Icon864sqft

307 Somerset Ln #307, Vernon Hills, IL 60061

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  • Condominium

  • Built in 1975

  • $400/mo HOA

  • -- sqft lot

  • $253/sq.ft

Description

Turnkey investment opportunity with immediate cash flow in highly desirable Vernon Hills! This income-producing property is currently leased for $2,025 per month through October 31, 2026, with the tenant expressing interest in extending the lease for an additional year-offering investors stable rental income from day one. This well-maintained 2-bedroom, 1-bath ranch features 864 square feet of comfortable single-level living with an open-concept floor plan, hardwood floors, a freshly painted kitchen, in-unit washer and dryer, and an attached one-car garage. Recent capital improvements include a new HVAC system (March 2026) and new water heater (October 2025), reducing ...

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  • Houzeo last checked: 39 minutes ago
  • Listing updated: August 4, 2026 at 5:06 am
  • Listing Provided by: Neil Patel | PMI NVP Estates (224) 300-4234
  • Source: MRED MLS-IL | MLS#: 12719299 MRED MLS-IL

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Building
307 Somerset Ln
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Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    1

  • County

    Lake County

  • City

    Vernon Hills

  • Neighborhood

    Plymouth Farms

  • Year Built

    1975

  • HOA Fees

    $400/mo

  • Finished Area

    864 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12719299

  • MLS Status

    Active

  • Days on Market

    38

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