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Freestanding Storefront with Detached Garage

231 N MILWAUKEE AVE, Wheeling, IL 60090

For Lease
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A two-story layout includes street-facing display windows, finished upper-level rooms, and a paved side lot.

Space Size1,648 SF
Lot Size0.29 Acres
Days on Market12

Property Features for 231 N MILWAUKEE AVE

General Information

Standard status Active
Size 1,648 SF
Net Rentable 1,648 SF
Lot size 0.29 Acres
Property subtype Retail
Zoning B-3
Lease Type Modified Gross

Space & Availability

Available Space 1,648 SF
Contiguous Space 1,648 SF
Floor Ground-2
Available From Immediate

Lease Terms

Lease Rate $2,400 /MO
Monthly Rent $2,400
Rent per SF/Year $17.48

Site & Location

Frontage 100 ft
Traffic Count 24,300 vehicles/day

Amenities

central air
boiler heat
partial basement
detached garage
paved side lot
balcony
laundry room
display windows
alarm keypad
wood-look plank flooring
kitchen area
half bath
full bath
bus stop

Building Details

Stories 2
Building Size 1,648 SF
Tenancy Single

Spaces For Lease

at 231 N MILWAUKEE AVE
Space 1 Active
Size 1,648 SF
Contact us
Listing Agency: RE/MAX Suburban
Listed By: Jason Bitton · License #IL475170841
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 5:34PM

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 RE/MAX Suburban

Rey
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Investment Insights

Based on property information with market context.

This freestanding storefront offers 1,648 square feet across two finished levels, with a partial basement and a detached garage. The main floor has two rooms with street-facing display windows, a central room, a kitchen area, and a half bath. Upstairs, an open main room is joined by a second street-facing room, a full bath, and a laundry room. The laundry room connects to a balcony with exterior stairs leading to the parking area. Central air and boiler heat serve the building; merchandise grids and track lighting are installed at the display windows.

The property comprises two parcels totaling 12,596 square feet, or 0.29 acre, with 100 feet of frontage on Milwaukee Avenue (US 45 / IL 21). IDOT recorded 24,300 vehicles per day on Milwaukee Avenue in 2025. A Pace stop serving Routes 272 and 234 is at the site, and Wheeling Tower is across the avenue. Walgreens, Fresh Farms International Market, Chase, Benihana, Scooter's Coffee, and the Dundee Road restaurant cluster are within a quarter mile. Zoning is B-3 General Commercial and Office District; permitted-by-right categories include general retail, restaurant, personal service, medical office, general office, business service, artist studio, and small recreation and instruction facilities. Verify intended uses with the Village of Wheeling.

Key Highlights

  • 1,648 SF freestanding storefront building with a detached garage
  • Two parcels total 12,596 SF (0.29 acre)
  • 100 feet of frontage on Milwaukee Avenue (US 45 / IL 21)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Psychic Chakra Meditation ... Spiritual Center

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Hair Salon Barber Shop

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

24,300 VPD
Traffic count
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 97% Shops & Services 3%
Cooper's Hawk Winery & Restaurant Dining
18,257 visits/mo 0.5 miles
Car-X Auto Service Shops & Services
500 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Storefront properties in Cook County, IL

$26.06 Jul
$27.74 Aug
$25.65 Sep
$24.59 Oct

Properties on Market for Storefront properties in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Love Flowers Wheeling — 19 W Dundee Rd, Wheeling, IL 60090
  • Luna Flowers Wheeling — 19 W Dundee Rd, Wheeling, IL 60090
  • ABM Floral Studio — 565 N Wolf Rd, Wheeling, IL 60090

Frequently Asked Questions

What type of property is this?
Storefront property - A two-story layout includes street-facing display windows, finished upper-level rooms, and a paved side lot.
Where is this storefront property located?
The property is located at 231 N MILWAUKEE AVE Wheeling, IL.
What are key features of this property?
This property features: 1,648 SF freestanding storefront building with a detached garage; Two parcels total 12,596 SF (0.29 acre); 100 feet of frontage on Milwaukee Avenue (US 45 / IL 21)
(847) 259-0202 · Office Call to check price and availability
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