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Vernon Hills approves transfer agreement to acquire Cuneo Mansion and Gardens from Loyola
Summary
The Vernon Hills Village Board on Oct. 7 approved a resolution authorizing the village president to sign a property transfer agreement with Loyola University Chicago to acquire the Cuneo Mansion and Gardens, beginning a 60-day due diligence period and scheduling a Jan. 9, 2026 closing.
The Vernon Hills Village Board on Oct. 7 approved Resolution 2025-056 authorizing the village president to sign a property transfer agreement with Loyola University Chicago to acquire the Cuneo (referred to in materials as Cunyal) Mansion and Gardens.
Manager Timoney told the board the 44-acre core property (originally part of a larger approximately 97-acre site) is zoned PIB — public and institutional building — and has been subject to a preservation agreement among Loyola, the village and Lake County dating to the 2015 subdivision and sale of roughly 53 acres to Pulte Homes. Under terms described by Timoney, the village has first right to…
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