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Private-Entry Office Suites
For Lease
$13 SF/Yr

1040 S Milwaukee Ave Unit 250, Wheeling, IL 60090

Individual suites offer reception areas, private offices, and access to shared building amenities.

Space Size300 SF - 700 SF
Days on Market42

Property Features for 1040 S Milwaukee Ave Unit 250

General Information

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

Space & Availability

Available Space 300-700 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

Monthly Rent $350-$800

Amenities

private entrances
reception area
closets
storage
washroom
kitchen
conference room
bathrooms on each floor
central air
parking

Building Details

Year Built 1967
Listing Agency: Core Realty & Investments, Inc
Listed By: Ross Vasiliev · License #471018754
Source: Realtopiare
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 6:36PM

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 four private suites ranging from 300 to 700 square feet. Each suite has its own entrance, a reception area, two to three offices, and closet space. Select suites also include storage, a washroom, kitchen, or conference room. The building was constructed in 1967 and provides central air, an elevator, restrooms on every floor, and ample parking.

The property is located on S Milwaukee Ave in Wheeling, approximately five minutes from Willow Rd. and I-294. The Milwaukee Ave frontage provides direct road exposure, while the range of suite layouts accommodates varied office configurations and immediate occupancy needs.

Key Highlights

  • Four private office suites ranging from 300 to 700 SQ FT
  • Private entrances with reception areas, 2‑3 offices, and closets
  • Select suites include storage, 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

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

This space is priced 29% below the average of $18.39 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Individual suites offer reception areas, private offices, and access to shared building amenities.
Where is this office units located?
The property is located at 1040 S Milwaukee Ave Unit 250 Wheeling, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Four private office suites ranging from 300 to 700 SQ FT; Private entrances with reception areas, 2‑3 offices, and closets; Select suites include storage, washroom, kitchen, or conference room
More about this property
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