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Front-Positioned Retail Space
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701-749 N Milwaukee Ave, Wheeling, IL 60090

Retail space in a shopping center with excellent visibility and abundant on-site parking.

Property Size1,050 SF
Days on Market197

Property Features for 701-749 N Milwaukee Ave

General Information

Standard status Active
Size 1,050 SF
Property subtype RETAIL
Listing Agency: Baum Realty
Listed By: Mark Fredericks · License #475143580
Source: Moodyscre
Added: Jan 14 Changed: Jul 27 Last Checked: Jul 30 at 10:40AM

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 Baum Realty

Investment Insights

Based on property information with market context.

This retail space is located in a shopping center with excellent visibility and plenty of parking for customers. The center placement includes a front-positioned location in front of the Westin Hotel.

The property is situated just south of the Lake Cook & Milwaukee intersection, benefiting from the area’s high traffic. Co-tenants listed for the center include Cilantrio Taco Grill, Chicago Ramen, Elsa’s, Spears Bourbon & Burgers, and Massage Envy.

The offering comprises a retail space within the shopping center environment, supported by established neighboring tenants and customer-serving amenities.

Key Highlights

  • Retail space in a shopping center just south of the Lake Cook & Milwaukee intersection
  • Excellent visibility at the intersection with abundant on‑site parking
  • Located in front of the Westin Hotel

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Auto Repair Shop Big Box & Wholesale Store Hair Salon

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby
46k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 61% Shops & Services 34% Beauty & Spa 5%
Cooper's Hawk Winery & Restaurant Dining
18,257 visits/mo 0.1 miles
Speedway Shops & Services
15,274 visits/mo 0.4 miles
Starbucks Dining
6,979 visits/mo 0.1 miles
Mexico Restaurant Dining
2,903 visits/mo 0.5 miles
Massage Envy Beauty & Spa
2,265 visits/mo

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Abacor shopping — US-45, Wheeling, IL 60090
  • Sale Barn Square — Riverwoods, IL 60015

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a shopping center with excellent visibility and abundant on-site parking.
Where is this shopping center located?
The property is located at 701-749 N Milwaukee Ave Wheeling, IL.
What are key features of this property?
This property features: Retail space in a shopping center just south of the Lake Cook & Milwaukee intersection; Excellent visibility at the intersection with abundant on‑site parking; Located in front of the Westin Hotel
(312) 275-3109 Call to check price and availability
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