Multi-Tenant Retail
For Sale
Contact for pricing
Pending
119-145 N Milwaukee Avenue, Wheeling, IL 60090
Newer 2004 multi-tenant retail center is 91% occupied and features pylon signage along Milwaukee Avenue.
Property Size16,355 SF
Days on Market112
Property Features for 119-145 N Milwaukee Avenue
General Information
Standard status
Pending
Size
16,355 SF
Property subtype
Retail
Occupancy
91%
Additional Details
Traffic Count
32,000 vehicles/day
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 10
Changed: Jul 20
Last Checked: Jul 29 at 2:25PM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This 16,355-square-foot multi-tenant retail center was constructed in 2004 and is described as extremely well maintained. The property is currently 91% occupied by seven tenants, with varying term expirations. Tenants are on NNN leases except for two tenants, and four of the tenants have leased at the center since 2011 or earlier.
The center is located along Milwaukee Avenue, just north of Dundee Road in Wheeling, IL. Pylon signage along the east side of Milwaukee Avenue is in place to provide visibility and exposure to approximately 32,000 vehicles per day.
Designed for retail occupancy in a multi-tenant format, the offering combines in-place tenants with existing leasing history and ongoing opportunity for continued performance.
The center is located along Milwaukee Avenue, just north of Dundee Road in Wheeling, IL. Pylon signage along the east side of Milwaukee Avenue is in place to provide visibility and exposure to approximately 32,000 vehicles per day.
Designed for retail occupancy in a multi-tenant format, the offering combines in-place tenants with existing leasing history and ongoing opportunity for continued performance.
Key Highlights
- 16,355 SF multi‑tenant retail center for sale along Milwaukee Avenue in Wheeling, just north of Dundee Road
- Currently 91% occupied with seven (7) tenants; varying term expirations
- All but two (2) tenants are on NNN leases
Property Analytics
Current Use
Lease Details
32,000 VPD
Traffic count
91%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Abacor shopping — US-45, Wheeling, IL 60090
Frequently Asked Questions
What type of property is this?
Shopping center - Newer 2004 multi-tenant retail center is 91% occupied and features pylon signage along Milwaukee Avenue.
Where is this shopping center located?
The property is located at 119-145 N Milwaukee Avenue Wheeling, IL.
What are key features of this property?
This property features: 16,355 SF multi‑tenant retail center for sale along Milwaukee Avenue in Wheeling, just north of Dundee Road; Currently 91% occupied with seven (7) tenants; varying term expirations; All but two (2) tenants are on NNN leases
