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Private-Entry Office Units
New
For Lease
$800/Mo

1040 S Milwaukee Ave Unit 120, Wheeling, IL 60090

Four configurable office suites offer individual entrances, built-in offices, and shared building amenities.

Space Size300 SF - 700 SF
Days on Market7

Property Features for 1040 S Milwaukee Ave Unit 120

General Information

Standard status Active
Size 300 SF - 700 SF
Net Rentable 300 SF
Elevators Yes
Lease Type Modified Gross

Space & Availability

Available Space 300-700 SF
Contiguous Space 700 SF
Space Use Office
Condition Move-in Ready
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Total Rate $800

Amenities

private entrances
storage
kitchen
conference room
central air

Building Details

Year Built 1967
Tenancy Multi
Listing Agency: Core Realty & Investments, Inc
Listed By: Ross Vasiliev · License #471018754
Source: Liveliferealty
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 30 at 8:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Core Realty & Investments, Inc

Investment Insights

Based on property information with market context.

Four office suites are available for lease with configurations ranging from 300 SQ FT to 700 SQ FT. Each unit includes a private entrance, reception area, 2-3 offices, and closets; select suites also provide storage, a washroom, kitchen, or conference room. The property offers immediate occupancy, central air, an elevator, bathrooms on each floor, and plenty of parking spaces.

Located at 1040 S Milwaukee Ave Unit 120 in Wheeling, the property is approximately 5 minutes from Willow Rd. and I-294. Tenant expenses include electricity and internet, while tax, water, and maintenance are included in the rental arrangement.

Key Highlights

  • Four private office suites with configurations from 300 SQ FT to 700 SQ FT
  • Individual entrances, reception areas, 2‑3 offices, and closets in every unit
  • Select suites include storage, a washroom, kitchen, or conference room

Property Analytics

Current Use

VDA Capital Group, ... Bank Artech Dental Studio Dental Office GB Bodywork Alternative Medicine Practice Gutwin Window & Gutter ... General Contractor Dragon Therapies Medical Clinic

Suggested Use

Top Pick Restaurant Spa & Massage Center Pharmacy Garden Center Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby

Demographics for 60090, IL

39,017
Population
15,960
Households
2.4
Avg Household Size
39
Median Age
40%
College-Educated
88%
High-School Grad
9.0 sq mi
ZIP Area
4,335
Density / Sq Mi
$83,449
Median Household Income
$45,436
Median Earnings
$1,578
Median Rent
$243,500
Median Home Value

Market

Lease Benchmarks for Wheeling, IL

$18.39 /SF/Yr
Avg Asking Price
$7.95–$30 /SF/Yr
Price Range
6,849 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Four configurable office suites offer individual entrances, built-in offices, and shared building amenities.
Where is this office units located?
The property is located at 1040 S Milwaukee Ave Unit 120 Wheeling, IL.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: Four private office suites with configurations from 300 SQ FT to 700 SQ FT; Individual entrances, reception areas, 2‑3 offices, and closets in every unit; Select suites include storage, a washroom, kitchen, or conference room
More about this property
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