Property profile

82 Dundee Rd Wheeling, IL 60090

OFF-MARKET
Retail properties & Spaces
16,000 SF
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Property summary

AI-generated overview

This exceptional 16,000-square-foot property at 82-106 E Dundee Road in Wheeling, Illinois, presents a unique investment opportunity. The building, zoned for retail use, offers a flexible layout suitable for various commercial ventures, including retail, industrial, and restaurant uses. Currently, there are two available spaces ranging from 2,000 to 5,500 square-foot, totaling 7,500 square feet of vacant space. The property sits on a 4-acre lot and includes 75 parking spaces, ensuring ample convenience for customers and employees. Annual property taxes are $4 per square foot. Benefit from the high-traffic location on Dundee Road, boasting approximately 30,000 vehicles per day. The property enjoys excellent demographics, with a population of 39,645 within a 2-mile radius and 249,502 within a 5-mile radius. Average household incomes in these areas are $104,436 and $137,947, respectively. Strategically located three blocks west of Milwaukee Avenue and one block east of Wolf Road, this property offers unparalleled accessibility. The Wheeling Train Station is conveniently located just 0.7 miles away, providing easy access to public transportation. This property is ideal for businesses seeking high visibility and a strong customer base in a thriving community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 16,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Furniture & Home Goods Home Decor Store

Location

82 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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