Wheeling, IL
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    Wheeling, IL Multifamily Properties for Sale

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    Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL
    Prospect Heights Multifamily Investment Property
    $725,000
    Prospect Heights Multifamily Investment Property

    655 Piper Lane, Prospect Heights, IL 60070

    Six-unit multifamily property with long-term tenants and parking.
    • 6‑unit investment property built in 1972
    • Includes 12 parking spots
    • Laundry included
    • Rooms include multiple bedrooms and bathrooms across the units (Bedroom 1–9 and Bathroom 1–6)
    Updated: May 29
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    Prospect Heights Multifamily Investment Opportunity
    $849,788
    3,376 SF
    Prospect Heights Multifamily Investment Opportunity

    512 Piper Lane, Prospect Heights, IL 60070

    Multifamily property in Prospect Heights, IL, ideal for investors.
    • Multifamily property - ideal for investors.
    • Located in Prospect Heights, IL.
    • Built in 1980.
    Updated: Feb 3
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    Sandpebble Walk Condo with Balcony
    $215,000
    1,280 SF
    Sandpebble Walk Condo with Balcony

    Spacious 2-bedroom condo with balcony and community amenities.

    1550 Sandpebble Drive #307, Wheeling, IL 60090

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    Spacious Condo in Lake Run
    $180,000
    1,250 SF
    Spacious Condo in Lake Run

    Oversized 2-bed, 2-bath unit with amenities in Prospect Heights.

    16 E Old Willow Road #202S, Prospect Heights, IL 60070

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    Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 4 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 Off-Market properties to explore as potential leads, 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.

    Six-Unit Building in Des Plaines
    $899,900
    0.18 Acres
    Six-Unit Building in Des Plaines

    Six-unit residential building in a desirable Des Plaines location.

    8807 Dee Road, Des Plaines, IL 60016

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    Northbrook Multifamily Investment Opportunity
    $1,250,000
    Northbrook Multifamily Investment Opportunity

    Well-maintained 6-unit building in prime Northbrook location.

    3404 Salem walk, Northbrook, IL 60062

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    Spacious 2BR Condo with Patio
    $192,500
    1,000 SF
    Spacious 2BR Condo with Patio

    First-floor unit with patio, new carpets, and in-unit laundry.

    920 Beau Drive #110, Des Plaines, IL 60016

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    Mixed-Use Property with Diversified Income
    Contact for pricing
    57,456 SF
    Mixed-Use Property with Diversified Income

    57,456 SF mixed-use property with long-term tenants.

    1310 Shermer Rd, Northbrook, IL 60062

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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.

    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

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    University Park Developable Land
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

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    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

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    Lakefront Land Parcel For Sale
    $284,900
    2.67 Acres
    Lakefront Land Parcel For Sale

    2.67-acre lakefront parcel with mobile home near Silver Lake ORV.

    2605 N 34th Avenue, Mears, MI 49436

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    Off-Market Properties in Wheeling, IL

    Consider similar Off-Market properties in Wheeling, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    222 Capri Ter
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.77 Acres
    Estimated value
    $2,760,000

    222 Capri Ter, Wheeling, IL 60090-2863

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    Wheeling, IL 60090
    GARDEN APT, COURT APT (5+ UNITS)
    Estimated value
    $78,500,000

    Wheeling, IL 60090

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    Wheeling, IL 60090
    GARDEN APT, COURT APT (5+ UNITS)
    Estimated value
    $78,500,000

    Wheeling, IL 60090

    View details
    305 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,759 SF Lot: 0.34 Acres
    Estimated value
    $600,000

    305 7th St, Wheeling, IL 60090-2839

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    60 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.19 Acres
    Estimated value
    $885,000

    60 Wolf Rd, Wheeling, IL 60090-2974

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    305 9th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,759 SF Lot: 0.34 Acres
    Estimated value
    $645,000

    305 9th St, Wheeling, IL 60090-2743

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    322 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,125 SF Lot: 0.31 Acres
    Value Estimation by Request

    322 Milwaukee Ave, Wheeling, IL 60090-3018

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    199 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,744 SF Lot: 0.17 Acres
    Estimated value
    $540,000

    199 Milwaukee Ave, Wheeling, IL 60090-3013

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    1212 Forums Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,390 SF Lot: 0.07 Acres
    Estimated value
    $575,000

    1212 Forums Ct, Wheeling, IL 60090-5626

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    1156 Arlington Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 13.70 Acres
    Value Estimation by Request

    1156 Arlington Dr, Wheeling, IL 60090

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    1156 Arlington Dr
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 8.04 Acres
    Estimated value
    $530,000

    1156 Arlington Dr, Wheeling, IL 60090

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    1156 Arlington Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 7.33 Acres
    Value Estimation by Request

    1156 Arlington Dr, Wheeling, IL 60090

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    70 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.15 Acres
    Estimated value
    $640,000

    70 Wolf Rd, Wheeling, IL 60090-2962

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    108 Deborah Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,700 SF Lot: 0.21 Acres
    Value Estimation by Request

    108 Deborah Ln, Wheeling, IL 60090-3004

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    582 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,600 SF Lot: 0.44 Acres
    Value Estimation by Request

    582 Milwaukee Ave, Wheeling, IL 60090-3022

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    517 Milwaukee Ave
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.77 Acres
    Estimated value
    $5,180,000

    517 Milwaukee Ave, Wheeling, IL 60090-5099

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    515 Milwaukee Ave, Unit 19
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.76 Acres
    Estimated value
    $5,180,000
    Unit 19

    515 Milwaukee Ave, Wheeling, IL 60090-5052

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    470 Foxboro Dr
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 12.54 Acres
    Estimated value
    $580,000

    470 Foxboro Dr, Wheeling, IL 60090-6112

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    251 Dundee Rd
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 7.39 Acres
    Estimated value
    $560,000

    251 Dundee Rd, Wheeling, IL 60090-3072

    View details
    100 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.15 Acres
    Estimated value
    $580,000

    100 Wolf Rd, Wheeling, IL 60090-2959

    View details

    Wheeling, IL Multifamily Properties Market Trends and Statistics

    Explore 58 multifamily properties for sale in Wheeling, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,906 square feet of properties for sale, with an estimated market value of $1,244,788.

    Sale prices for multifamily properties in Wheeling, IL start at $180,000, averaging $414,929, and reaching up to $849,788 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4

    Demographics Overview

    Population 38K
    Population Growth (5Y) -0.4%
    Median Household Income $83,449
    College Educated 54.0%

    High-Yield Neighborhoods for Investment

    Identify Wheeling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60090 $215K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Wheeling fall within the 25,000 to 50,000 square foot range.

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