Freestanding Flex
For Sale
Contact for pricing
Pending
516 N Milwaukee Ave, Wheeling, IL 60090
Combined showroom, office, and storage improvements support a range of commercial configurations.
Property Size2,500 SF
Lot Size0.91 Acres
Days on Market146
Property Features for 516 N Milwaukee Ave
General Information
Standard status
Pending
Size
2,500 SF
Lot size
0.91 Acres
Property subtype
Land, Mixed Use
Additional Details
Road Access
Yes
Warehouse Space
4,200 SF
Building Details
Buildings
2
Listing Agency:
Hansen Realty Inc.
Listed By:
Oliver Stone · License #IL 471018873
(312) 547-9704
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Sep 2 at 5:23PM
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 Hansen Realty Inc.
Investment Insights
Based on property information with market context.
This freestanding flex property combines approximately 2,500 square feet of showroom and office space with a separate frame storage building of approximately 4,200 square feet. The improvements sit on 39,819 square feet of land and include an existing street sign for property identification.
Access is provided by one curb cut from Milwaukee Avenue, with 109 feet of frontage along the roadway. The property is near Lake Cook Road and is situated among area retailers including Cooper’s Hawk, Buca di Beppo, Dunkin’ Donuts, and Starbucks. The seller will also consider leasing the property.
Access is provided by one curb cut from Milwaukee Avenue, with 109 feet of frontage along the roadway. The property is near Lake Cook Road and is situated among area retailers including Cooper’s Hawk, Buca di Beppo, Dunkin’ Donuts, and Starbucks. The seller will also consider leasing the property.
Key Highlights
- Approximately 2,500 sq.ft showroom and office building
- Approximately 4,200 sq.ft frame storage building
- 39,819 sq.ft of land
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
675
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 Industrial in Midwest region
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Similar Off Market Nearby
- Tipsy — 735 N Milwaukee Ave #505, Wheeling, IL 60090
Frequently Asked Questions
What type of property is this?
Flex space - Combined showroom, office, and storage improvements support a range of commercial configurations.
Where is this flex space located?
The property is located at 516 N Milwaukee Ave Wheeling, IL.
What are key features of this property?
This property features: Approximately 2,500 sq.ft showroom and office building; Approximately 4,200 sq.ft frame storage building; 39,819 sq.ft of land
