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Financial
Distress signals
Property profile

47 W Dundee Rd Wheeling, IL 60090

FOR SALE
Retail space
Property ID
US28-0066297
0.67 ac lot Built 1976
Last sale Oct 2006 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an 8,880-square-foot commercial building situated on a 29,146-square-foot lot with on-site parking and potential for expansion. It is located near the intersection of Dundee Road and Milwaukee Ave, in proximity to the Wheeling Town Center, and is described as benefiting from traffic volumes of approximately 30,000 vehicles per day. The Metra Wheeling train station is located less than one mile from the site, providing nearby rail access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$57k
Tax billed · 2022
Assessed value$178k
Assessed land$109k
Assessed improvement$68k
Effective rate31.96%

Value estimate

· Oct 2026
$405k
$365k – $446k
AI approach$405k
NOI build-up
Gross scheduled income$211k
Vacancy & credit loss−$17k
Operating expenses−$78k
NOI · 10.60% cap applied$117k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
10.60%
$117k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.8
Tailor Shop9.6
Barber Shop9.1

Location

47 W Dundee Rd Wheeling, IL 60090
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Jeffery, Wheeling, IL 60090-5030 $280,000 Jan 2026 No data
343 Dundee, Wheeling, IL 60090-2768 $1,000,000 Oct 2025 No data
365 Dundee, Wheeling, IL 60090-2768 $1,000,000 Oct 2025 No data
335 Dundee, Wheeling, IL 60090-2768 $1,000,000 Oct 2025 No data
351 Dundee, Wheeling, IL 60090-2768 $1,000,000 Oct 2025 No data
403 Dundee, Wheeling, IL 60090-2765 $1,000,000 Oct 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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