Wood Dale, IL Mixed-use properties for sale

Updated: Apr 15

Mixed-Use Building in Town Center

138 W Irving Park Road, Wood Dale, IL 60191

$519,900

2,727 sqft 0.23 AC lot

Mixed‑use building in the Town Center Business District, offering both commercial and residential income potential or owner‑occupancy.
Prime location: walking distance to the Metra train station with easy expressway access, and close to restaurants with a new luxury apartment complex being built nearby.
Recent significant improvements: new roof, crawl space upgrades, tuckpointing, new driveway/parking, and sidewalk entries.
Large lot (50 x 203 feet) with both Irving Park Road and alley access, providing flexibility and potential for expansion or redevelopment.
Spacious 3‑bedroom apartment (1700+ sq ft) with desirable features like a screened‑in porch and in‑unit appliances.

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This listing looks promising.

Here's a quick look at some key insights for

138 W Irving Park Road, Wood Dale, IL 60191

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$46K
Annual
Mortgage

$186K
Feb 2003
Last Sold

Feb 2003
$248K
Property Type

Commercial (General)
Built 1948

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Updated: Jul 29, 2025

Live-Work Compound with Penthouse Residence

320 E Irving Park Road, Wood Dale, IL 60191

$1,450,000

10,000 sqft 0.34 AC lot

Expansive ~10,000 sq ft property blending luxury living and executive functionality.
3,000 sq ft penthouse residence with 2 bedroom suites, 3 full bathrooms, and dual fireplaces.
3,000 sq ft second‑floor corporate sanctuary with 4 executive offices and a conference area.
Ground level with 3 offices and a drive‑in garage/warehouse facility.
Elevator access to all three floors.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Wood Dale, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Grand Avenue Commercial Portfolio

8056 Grand Avenue, River Grove, IL 60171

$799,000

0.43 AC lot

Three contiguous parcels on Grand Avenue in River Grove.

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Mixed-Use Property with Courtyard

1330 Webford Avenue, Des Plaines, IL 60016

$399,900

0.21 AC lot

Mixed-use building with a private courtyard and zoning support for a range of commercial uses in the COMMR district.

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River Grove Commercial Investment Opportunity

8517 W Grand Avenue, River Grove, IL 60171

$375,000

0.30 AC lot

Versatile property with potential for rental units or business operations.

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Mixed-Use Property in Des Plaines

1330 Webford Avenue, Des Plaines, IL 60016

$424,900

Mixed-use property for sale in Des Plaines, Illinois.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,100,000

Commercial land available in Melrose Park, Illinois.

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Development Land with Preapproval

4222 W Division Street, Chicago, IL 60651

$1,350,000

Development site with C1-1 zoning, 230-by-125 dimensions, and prior approval for a mixed-use housing plan.

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Chicago West Side Development Opportunity

4722 W Madison Street, Chicago, IL 60644

$30,000

0.10 AC lot

Vacant lot on Madison Street, ideal for development.

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Chicago West Side Development Opportunity

4720 W Madison Street, Chicago, IL 60644

$30,000

0.20 AC lot

Vacant lot in growing area with strong future upside.

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Wood Dale, IL Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Wood Dale, IL on our real estate platform. These investment opportunities span a total of 12,727 square feet of properties for sale, with an estimated market value of $1,969,900.

Sale prices for multi use buildings in Wood Dale, IL start at $519,900, averaging $984,950, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60191	$985K

Neighborhood

Average Price

60191

$985K

Wood Dale, IL Mixed-use Properties for Sale

138 W Irving Park Road, Wood Dale, IL 60191

320 E Irving Park Road, Wood Dale, IL 60191