Realmo Analytics
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Property summary
This exceptional 17-acre commercial land parcel presents a unique investment opportunity in Wheeling, Illinois. Situated at the southwest corner of Lake Cook Road and Milwaukee Avenue, this property boasts a highly desirable MXC zoning designation, permitting a diverse range of mixed-use residential and commercial developments. The site's strategic location offers unparalleled accessibility, with convenient access to the I-294 highway system, providing seamless connectivity to regional… transportation networks. Additional access points are available via Wolf Road, and the Village of Wheeling has approved and will fund a right-in/right-out access point at Route 21, further enhancing its accessibility and logistical advantages. The property benefits from substantial daily traffic volumes, with Lake Cook Road registering 34,300 vehicles per day and Milwaukee Avenue recording 27,400 vehicles per day, ensuring high visibility and potential customer reach. All essential utilities are readily available on-site. This versatile location is ideal for a wide array of development projects, including corporate headquarters, medical facilities, retail centers, or other commercial ventures. A Tax Increment Financing (TIF) district is also available, presenting additional financial incentives for potential developers. This is a rare opportunity to acquire a significant land parcel in a thriving location with excellent infrastructure and development potential. The property's size and zoning make it suitable for large-scale projects that can capitalize on the high traffic counts and strategic location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1 SF
- Lot area
- 17 ac
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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