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    39 S Milwaukee Ave Wheeling, IL 60090

    Sponsored
    For Sale
    Under Contract
    $1,600,000

    COMMERCIAL - Wheeling, IL

    Type:Office
    Lot size:
    0.48 Acres
    Days on Market:
    67
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 39 S Milwaukee Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    03013010040000
    Lot size
    0.48 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    1
    Building materials
    Wood, Synthetic Stucco
    Roof type
    Rubber

    Keller Williams Thrive (847) 241-2200 [email protected]

    Listing agent Bill Dafnis (312) 320-7132

    Listing date Oct 31, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wheeling Commercial Property For Sale

    This two-story commercial building in Wheeling, Illinois, is currently configured for retail or office use. The property benefits from a high-visibility corner location and strong street presence on a heavily trafficked intersection. Expansive windows and signage opportunities enhance its visibility. The adaptable layout and zoning also allow for a potential restaurant conversion. The lot size is 0.48 acres. The property is located in Cook County. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kitchen & Bath Studio Bathroom Remodeler Ara Cabinets 4U ... Cabinet Store Quality Cabinets For Less Cabinet Maker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Love Flowers Wheeling, Luna Flowers Wheeling, ABM Floral Studio

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Cook
    State
    Illinois
    Longitude
    -87.9070107
    Latitude
    42.139277

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    FAQs

    What type of property is this?
    Storefront property - Two-story building suitable for retail, office, or restaurant use.
    Where is this storefront property located?
    The property is located at 39 S Milwaukee Ave Wheeling, IL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - High-visibility corner location on a heavily trafficked intersection.; - Flexible commercial use (retail/office) with adaptable layout.; - Potential restaurant conversion possible.
    (312) 320-7132
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39 S Milwaukee Ave Wheeling, IL 60090
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