47 W Dundee Rd, Wheeling, IL 60090
For Sale
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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.
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Protecta Servicios Financial Advisor
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FJP Insurance Agency Insurance Agency
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Excel Rehabilitation Services Medical Clinic
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Senior Home Health Agency Home Health Care Service
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Alicja Baczyk Ogledzinski Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.