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    1 Huntington Ln Wheeling, IL 60090

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Wheeling retail space, multiple units available.

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail center, totaling 40,000 square feet on 5 acres, is situated at the highly visible northeast corner of Dundee Road and Huntington Lane in Wheeling, Illinois. The single-story building, renovated in 2021, boasts a 14-foot ceiling height and offers multiple tenancy options ranging from 1,120 to 4,341 square feet (larger spaces may be available). Benefit from a signalized intersection, ample parking (178 spaces), and a prominent lighted monument sign. The property enjoys excellent visibility from Dundee Road and is strategically located within a dense residential and commercial area with strong demographics, supported by US Census projections of significant household growth over the next five years. Conveniently located 2.5 miles east of I-53 and 1.5 miles west of the Wheeling train station, the center is also served by Pace Bus route #234. The property's attractive landscaping and recently installed LED exterior lighting enhance its curb appeal. Wheeling itself is rated highly as a place to live, further solidifying this location's desirability. The zoning is commercial. This is a rare opportunity to secure retail space in a thriving community.

    Property Features for 1 Huntington Ln

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Class
    A
    Total Rate
    46666.67

    Building Details

    Year Renovated
    2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    29
    Size
    1,120 SF
    Rate per SF
    $14
    Space
    Restaurant
    Size
    4,341 SF
    Rate per SF
    $14
    Space
    25-45
    Size
    3,517 SF
    Rate per SF
    $14

    HighLights

    • High‑visibility corner location at Dundee Road and Huntington Lane.
    • Signalized intersection at Dundee Road and Huntington Lane.
    • Recently installed LED exterior lighting.
    • Attractive landscaping.
    • Mix of restaurant and retail tenants.
    • Ample on‑site parking (178 spaces).
    Property Profile Location Intelligence

    Current Use by Public Records

    Heaven's Barbecue on Earth Barbecue Restaurant Anthony Garage Doors Handyman

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Cook
    State
    Illinois
    Longitude
    -87.9536547
    Latitude
    42.1393581

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    FAQs

    What type of property is this?
    Restaurant - Prime Wheeling retail space, multiple units available.
    Where is this restaurant located?
    The property is located at 1 Huntington Ln Wheeling, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner location at Dundee Road and Huntington Lane.; Signalized intersection at Dundee Road and Huntington Lane.; Recently installed LED exterior lighting.
    Request Owner's contact information
    1 Huntington Ln 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
    1 Huntington Ln Wheeling, IL 60090
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