Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Retail space

    47 W Dundee Rd, Wheeling, IL 60090

    0.67 ac lot Built 1976
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US28-0066297
    Property summary
    AI-generated overview

    This exceptional 8,800 square foot medical office building, located at 47 W Dundee Rd in Wheeling, Illinois (zip code 60090), presents a compelling investment opportunity. Constructed in 1976, this two-story building sits on a 0.67-acre lot and enjoys a prime location near the intersection of Dundee and S Wolf Roads, providing excellent visibility to the approximately 30,000 vehicles that travel Dundee Road daily. The property's strategic position offers convenient access to I-294, enhancing its appeal to both tenants and investors. Currently configured as a multi-tenant facility, the building includes 2,000 square feet of immediately available, fully equipped space ideal for dental or medical practices seeking a turnkey solution. This move-in ready suite represents a significant advantage for owner-users. The property's features make it attractive to a diverse range of medical and office tenants. The sale includes the fee simple interest in the property. This is a rare opportunity to acquire a well-located, established medical office building with immediate occupancy potential in a thriving Illinois community. The building's total square footage is 8,800 square feet.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1976
    Lot 0.67 ac (29,146 SF)
    APN 03-02-416-005
    UPID US28-0066297
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Protecta Servicios Financial Advisor
    • FJP Insurance Agency Insurance Agency
    • Excel Rehabilitation Services Medical Clinic
    • Senior Home Health Agency Home Health Care Service
    • Alicja Baczyk Ogledzinski Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jjk Property LLC-47 W Dundee · 11 yrs held
    Jjk Property LLC-47 W Dundee
    since 2015
    4 recorded transactions
    2015
    2006
    $125,000
    2004
    $592,000
    1998
    $592,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message