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    1083 Lake Cook Rd Wheeling, IL 60090

    For Sale
    $99,000

    Prime 1,800 SF retail space in high-visibility Wheeling location.

    Property size:
    1,800 SF

    Property Features for 1083 Lake Cook Rd

    General Information

    Size
    1,800 SF

    Source: Ronald Weissenhofer Agent Ronald Weissenhofer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wheeling Retail Investment Opportunity

    This 1,800 SF building in Wheeling presents a promising investment opportunity for street retail investors. The property's spacious layout and strategic location offer the potential to attract foot traffic and establish a thriving retail presence. The property is situated in a dynamic location with an array of commercial and retail establishments, making it an attractive destination for businesses seeking high customer visibility. The area is in proximity to well-known brands and local hotspots, making it a magnet for foot traffic. With a diverse mix of shopping, dining, and entertainment options nearby, the area offers a vibrant backdrop for retail success. All FF&E is included. The property is adjacent to Starbucks and is ideal for street retail investment opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ray Kathryn M ... Doctor Gladdin Stephen F ... Doctor Peggy Fogg, CNP Doctor Kristy Amore, CNP Nurse Practitioner Fire Crust Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Cook
    State
    Illinois
    Longitude
    -87.9433105
    Latitude
    42.1528858

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    FAQs

    What type of property is this?
    Retail space - Prime 1,800 SF retail space in high-visibility Wheeling location.
    Where is this retail space located?
    The property is located at 1083 Lake Cook Rd Wheeling, IL.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Prime 1,800 SF retail space ideal for street retail investment.; - High-visibility location in the vibrant Wheeling area.; - Adjacent to Starbucks, ensuring consistent foot traffic.
    (630) 712-2573
    Request Owner's contact information
    1083 Lake Cook Rd Wheeling, IL 60090
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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
    1083 Lake Cook Rd Wheeling, IL 60090
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