Property profile

625 Dundee Rd Wheeling, IL 60090

OFF-MARKET
Land
3.2 ac lot
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Property summary

AI-generated overview

This exceptional 3.2-acre commercial land parcel presents a unique investment opportunity in Wheeling, Illinois. Boasting a highly visible corner location on West Dundee Road, the property enjoys exposure to over 25,000 vehicles daily. Its strategic placement near the Wheeling Metra Station West Stop, a transit hub with over 20,000 weekday riders, ensures significant foot traffic and accessibility. The site benefits from its proximity to the vibrant Wheeling Town Center, home to popular establishments such as CMX Theatre, City Works, Starbucks, and the Wheeling Aquatic Center, creating a strong retail synergy. Further enhancing its appeal are nearby new residential developments, including One Wheeling Town Center (300 units) and Uptown 500 (321 units), which will contribute to increased demand and population growth in the immediate area. The property is also conveniently located near established retailers such as Walmart, Woodman's, Target, Bill Stasek Chevrolet, and Jewel Osco, solidifying its position within a thriving commercial corridor. The land is divisible, offering flexibility for development tailored to specific needs. This prime location and high visibility make this property an exceptional opportunity for investors seeking a strategic foothold in a rapidly growing market. Cook County location, zip code 60090.

Property profile

Verified
Property type Land
Lot 3.2 ac (139,392 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

625 Dundee Rd Wheeling, IL 60090
Wheeling metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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