1 Huntington Ln Wheeling, IL 60090
- Community centers
- 3.69 lot acres
Current Use by Public Records
- Heaven's Barbecue on Earth / Barbecue Restaurant
- Anthony Garage Doors / Handyman / Garage Door Supplier
Property Details for 1 Huntington Ln
- Year built
- 1989
- Lot size
- 3.69 lot acres
- Property type
- Community centers
- APN
- 03-04-400-033
- APU
- 304400033
Description
This exceptional Class A retail center, totaling 40,000 square feet on 5 acres, is situated at the highly visible northeast corner of Dundee Road and Huntington Lane in Wheeling, Illinois. The single-story building, renovated in 2021, boasts a 14-foot ceiling height and offers multiple tenancy options ranging from 1,120 to 4,341 square feet (larger spaces may be available). Benefit from a signalized intersection, ample parking (178 spaces), and a prominent lighted monument sign. The property enjoys excellent visibility from Dundee Road and is strategically located within a dense residential and commercial area with strong demographics, supported by US Census projections of significant household growth over the next five years. Conveniently located 2.5 miles east of I-53 and 1.5 miles west of the Wheeling train station, the center is also served by Pace Bus route #234. The property's attractive landscaping and recently installed LED exterior lighting enhance its curb appeal. Wheeling itself is rated highly as a place to live, further solidifying this location's desirability. The zoning is commercial. This is a rare opportunity to secure retail space in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,035,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,800,000
- 6.5%
- $1,580,000
- 7%
- $1,770,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,610,000
- Geo Method
- $1,710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,020,000
- Retail
- $1,730,000
- Mixed-Use
- $1,565,000
- Hospitality
- $1,830,000
- Educational
- $1,615,000
- Residential Income
- $1,690,000
- Energy
- $1,905,000
- Income-Based Land
- $1,785,000
- Food Service
- $1,910,000
Location Insight
- Map
- Local Demand
- City
- Wheeling
- County
- Cook
- State
- Illinois
- Longitude
- -87.9543
- Latitude
- 42.1394
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
