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    Wheeling, IL
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    Wheeling, IL Multifamily Properties for Sale

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    6 properties
    Sandpebble Walk Condo with Balcony
    Updated: Aug 26, 2025
    Sandpebble Walk Condo with Balcony

    1550 Sandpebble Drive #307, Wheeling, IL 60090

    $215,000
    1,280 sqft
    Enjoy community amenities including tennis courts, outdoor pool, clubhouse, playground, party room, and scenic bike/walking trails.
    Convenient location: close to grocery stores, shopping, dining, and easy access to I‑294 and I‑290.
    Spacious 2‑bedroom, 2‑bathroom unit with a private balcony.
    Eat‑in kitchen features stainless steel appliances and a pantry.
    Well‑maintained elevator building with laundry room, bike room, and additional storage.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1550 Sandpebble Drive #307, Wheeling, IL 60090,

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $212K
      Suggested
    View Property Analytics
    6-Unit Apartment Building with Laundry
    Updated: May 29
    6-Unit Apartment Building with Laundry

    655 Piper Lane, Prospect Heights, IL 60070

    $725,000
    6‑unit apartment building
    Laundry on site
    12 parking spots
    Built in 1972
    Stable long‑term tenants in place for 10+ years
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    Updated Duplex in Desirable Location
    Updated Duplex in Desirable Location

    1426 Chippewa Trail, Wheeling, IL 60090

    $380,000
    1,984 sqft

    Spacious, updated 4-bedroom duplex with modern amenities and convenient location.

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    Six-Unit Residential Income Building
    Six-Unit Residential Income Building

    612 N Piper Ln, Prospect Heights, IL 60070

    Contact for pricing

    Well-maintained six-unit building is fully rented with recently remodeled bathrooms and a roof and gutters under one year old.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    All-Brick Six-Unit Multifamily Building
    All-Brick Six-Unit Multifamily Building

    269 7th Street, Wheeling, IL 60090

    Contact for pricing

    All-brick six-unit building with three 2-bedroom and three 1-bedroom units, all currently occupied.

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    Income-Generating Multifamily with Parking
    Income-Generating Multifamily with Parking

    300 7th St, Wheeling, IL 60090

    Contact for pricing

    Well-maintained, fully occupied multifamily property with 12+ parking spaces and straightforward utility expense structure.

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    Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 6 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.

    Duplex with Attached Garage
    Duplex with Attached Garage

    301 N Catino Court, Mount Prospect, IL 60056

    $599,900

    Two-unit property with separate utility metering, private entrances, outdoor areas, and resident parking.

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    Glenview Two-Bedroom Condo for Sale
    Glenview Two-Bedroom Condo for Sale

    625 Quincy Bridge Lane #301, Glenview, IL 60025

    $195,000

    Two-bedroom condo in Glenview with investment potential and convenient location.

    View details
    Updated 6-Unit Apartment Building
    Updated 6-Unit Apartment Building

    10479 N Dearlove Rd, Glenview, IL 60025

    Contact for pricing

    Six 2-bed, 1-bath units with multiple recent remodels, new windows and balcony doors, and updated interior finishes.

    View details
    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    1006 E Callero Cir, Mount Prospect, IL 60056

    Contact for pricing

    Two units each feature two bedrooms, a full bath, and an eat-in kitchen, with separate laundry and utilities.

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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
    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

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

    Wheeling, IL 60090

    Value Estimation by Request
    View details
    Wheeling, IL 60090
    GARDEN APT, COURT APT (5+ UNITS)

    Wheeling, IL 60090

    Value Estimation by Request
    View details
    305 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    305 7th St, Wheeling, IL 60090-2839

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

    60 Wolf Rd, Wheeling, IL 60090-2974

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

    305 9th St, Wheeling, IL 60090-2743

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

    322 Milwaukee Ave, Wheeling, IL 60090-3018

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

    199 Milwaukee Ave, Wheeling, IL 60090-3013

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

    1212 Forums Ct, Wheeling, IL 60090-5626

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

    1156 Arlington Dr, Wheeling, IL 60090

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

    1156 Arlington Dr, Wheeling, IL 60090

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

    1156 Arlington Dr, Wheeling, IL 60090

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

    70 Wolf Rd, Wheeling, IL 60090-2962

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

    108 Deborah Ln, Wheeling, IL 60090-3004

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

    582 Milwaukee Ave, Wheeling, IL 60090-3022

    $240,000
    Estimated value
    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

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

    470 Foxboro Dr, Wheeling, IL 60090-6112

    $580,000
    Estimated value
    12.54 AC lot
    View details

    Wheeling, IL Multifamily Properties Market Trends and Statistics

    Explore 60 multifamily properties for sale in Wheeling, IL, showcased through 6 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 4
    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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    • 60090
    • 60070

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