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    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 Des Plaines, IL Palatine, IL Glenview, IL Arlington Hts, IL Rolling Meadows, IL
    6-Unit Apartment Building
    Updated: May 29
    6-Unit Apartment Building

    655 Piper Lane, Prospect Heights, IL 60070

    $725,000
    Six‑unit apartment building constructed in 1972
    12 on‑site parking spots
    Laundry facility included
    Tenants reported in place for 10+ years
    655 Piper Lane, Prospect Heights, IL 60070
    View details
    Updated Duplex in Desirable Location
    Updated: Aug 26, 2025
    Updated Duplex in Desirable Location

    1426 Chippewa Trail, Wheeling, IL 60090

    $380,000
    1,984 sqft
    Extensive recent updates including a new roof, siding, Pella windows, patio door, furnace, and kitchen refresh.
    Spacious 4‑bedroom, 2‑bath duplex with over 1,800 sq ft of living space.
    Updated kitchen features custom cabinetry, modern countertops, and stainless steel appliances.
    Desirable Malibu subdivision with an incredibly low HOA fee of $8 per month.
    Large, updated backyard and attached two‑car garage.
    View details
    Sandpebble Walk Condo with Balcony
    Sandpebble Walk Condo with Balcony

    1550 Sandpebble Drive #307, Wheeling, IL 60090

    $215,000
    1,280 sqft

    Spacious 2-bedroom condo with balcony and community amenities.

    View details
    See hot listings in Wheeling

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 3 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 1 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.

    Mixed-Use Building Near Transit
    Mixed-Use Building Near Transit

    Mount Prospect, IL 60056

    Contact for pricing
    13,155 sqft

    Mixed-use property with residential units and commercial space across from a Metra station.

    View details
    Spacious 2BR Condo with Patio
    Spacious 2BR Condo with Patio

    920 Beau Drive #110, Des Plaines, IL 60016

    $192,500
    1,000 sqft

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

    View details
    Apartment Building For Sale
    Apartment Building For Sale

    237 E Prospect Avenue, Mount Prospect, IL 60056

    $1,699,000

    For-sale apartment building at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois.

    View details
    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    1430-1440 Miner St, Des Plaines, IL 60016

    $1,625,000

    Four apartments and four storefronts combine residential and commercial occupancy in a transit-oriented downtown setting.

    View details

    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
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details

    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)

    222 Capri Ter, Wheeling, IL 60090-2863

    Estimated value:
    $2,760,000
    0.77 AC lot
    View details
    Wheeling, IL 60090
    GARDEN APT, COURT APT (5+ UNITS)

    Wheeling, IL 60090

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

    Wheeling, IL 60090

    Estimated value:
    $78,500,000
    View details
    305 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    305 7th St, Wheeling, IL 60090-2839

    Estimated value:
    $600,000
    5,759 sqft 0.34 AC lot
    View details
    60 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    60 Wolf Rd, Wheeling, IL 60090-2974

    Estimated value:
    $945,000
    3,888 sqft 0.19 AC lot
    View details
    305 9th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    305 9th St, Wheeling, IL 60090-2743

    Estimated value:
    $670,000
    5,759 sqft 0.34 AC lot
    View details
    322 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    322 Milwaukee Ave, Wheeling, IL 60090-3018

    Estimated value:
    $375,000
    3,125 sqft 0.31 AC lot
    View details
    199 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    199 Milwaukee Ave, Wheeling, IL 60090-3013

    Estimated value:
    $550,000
    2,744 sqft 0.17 AC lot
    View details
    1212 Forums Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    1212 Forums Ct, Wheeling, IL 60090-5626

    Estimated value:
    $630,000
    4,390 sqft 0.07 AC lot
    View details
    1156 Arlington Dr
    APARTMENT HOUSE (5+ UNITS)

    1156 Arlington Dr, Wheeling, IL 60090

    Estimated value:
    $475,000
    13.70 AC lot
    View details
    1156 Arlington Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1156 Arlington Dr, Wheeling, IL 60090

    Estimated value:
    $530,000
    8.04 AC lot
    View details
    1156 Arlington Dr
    APARTMENT HOUSE (5+ UNITS)

    1156 Arlington Dr, Wheeling, IL 60090

    Estimated value:
    $455,000
    7.33 AC lot
    View details
    70 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    70 Wolf Rd, Wheeling, IL 60090-2962

    Estimated value:
    $705,000
    3,888 sqft 0.15 AC lot
    View details
    108 Deborah Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    108 Deborah Ln, Wheeling, IL 60090-3004

    Estimated value:
    $330,000
    2,700 sqft 0.21 AC lot
    View details
    582 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    582 Milwaukee Ave, Wheeling, IL 60090-3022

    Estimated value:
    $240,000
    3,600 sqft 0.44 AC lot
    View details
    517 Milwaukee Ave
    GARDEN APT, COURT APT (5+ UNITS)

    517 Milwaukee Ave, Wheeling, IL 60090-5099

    Estimated value:
    $5,595,000
    0.77 AC lot
    View details
    515 Milwaukee Ave, Unit 19
    GARDEN APT, COURT APT (5+ UNITS)

    515 Milwaukee Ave, Wheeling, IL 60090-5052

    Unit 19
    Estimated value:
    $5,595,000
    0.76 AC lot
    View details
    470 Foxboro Dr
    GARDEN APT, COURT APT (5+ UNITS)

    470 Foxboro Dr, Wheeling, IL 60090-6112

    Estimated value:
    $580,000
    12.54 AC lot
    View details
    251 Dundee Rd
    GARDEN APT, COURT APT (5+ UNITS)

    251 Dundee Rd, Wheeling, IL 60090-3072

    Estimated value:
    $560,000
    7.39 AC lot
    View details
    100 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    100 Wolf Rd, Wheeling, IL 60090-2959

    Estimated value:
    $640,000
    3,888 sqft 0.15 AC lot
    View details
    40 Capri Ter
    GARDEN APT, COURT APT (5+ UNITS)

    40 Capri Ter, Wheeling, IL 60090

    Estimated value:
    $405,000
    0.68 AC lot
    View details

    Wheeling, IL Multifamily Properties Market Trends and Statistics

    Explore 57 multifamily properties for sale in Wheeling, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,264 square feet of properties for sale, with an estimated market value of $1,320,000.

    Sale prices for multifamily properties in Wheeling, IL start at $215,000, averaging $440,000, and reaching up to $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 1

    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 $297.5K

    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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    • 60070
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