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Office Units with Private Entrances
For Lease
$350-$800/Mo

1040 S Milwaukee Ave Unit 170, Wheeling, IL 60090

Four configurable suites offer dedicated access, reception areas, offices, and shared building amenities for immediate occupancy.

Space Size300 SF - 700 SF
Days on Market23

Property Features for 1040 S Milwaukee Ave Unit 170

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
Space Use Office
Condition Move-in Ready
Sublease No
Available From Immediate

Lease Terms

Lease Rate $800 /USD/MO
Monthly Rent $350-$800

Additional Details

Highway Access Yes

Amenities

bathrooms on each floor
central air

Building Details

Year Built 1967
Tenancy Multi
Listing Agency: Core Realty & Investments, Inc
Listed By: Ross Vasiliev · License #471018754
Source: Realtopiare
Added: Aug 9 Changed: Aug 28 Last Checked: Aug 31 at 6:49PM

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.

This office property includes 4 private suites with configurations ranging from 300 to 700 square feet. Each unit has its own entrance, reception area, 2-3 offices, and closets. Select suites add storage, a washroom, kitchen, and conference room. Central air, an elevator, bathrooms on each floor, and ample parking support day-to-day operations. The suites are ready for immediate occupancy.

The property is located at 1040 S Milwaukee Ave in Wheeling, with road exposure along Milwaukee Road. Willow Road and I-294 are approximately 5 minutes away, providing access to the surrounding area. The building was constructed in 1967.

Key Highlights

  • 4 private office suites with configurations from 300 SQ FT to 700 SQ FT
  • Private entrance, reception area, 2‑3 offices, and closets in every unit
  • Select suites include storage, washroom, kitchen, and 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
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
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Frequently Asked Questions

What type of property is this?
Office units - Four configurable suites offer dedicated access, reception areas, offices, and shared building amenities for immediate occupancy.
Where is this office units located?
The property is located at 1040 S Milwaukee Ave Unit 170 Wheeling, IL.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: 4 private office suites with configurations from 300 SQ FT to 700 SQ FT; Private entrance, reception area, 2‑3 offices, and closets in every unit; Select suites include storage, washroom, kitchen, and conference room
More about this property
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