Wheeling, IL
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    Wheeling, IL Residential Income Properties for Sale

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    Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL
    Prospect Heights Multifamily Investment Property
    $725,000

    Prospect Heights Multifamily Investment Property

    655 Piper Lane, Prospect Heights, IL 60070

    Six-unit multifamily property with long-term tenants and parking.

    • Stable, long‑term tenants (10+ years) provide reliable income.
    • Six‑unit investment property offers substantial income potential.
    • Includes 12 parking spots, a valuable amenity for tenants.
    • On‑site laundry facilities enhance tenant convenience and property appeal.
    • Family‑owned history suggests well‑maintained property.
    Updated: May 29
    View details
    Prospect Heights Multifamily Investment Opportunity
    $849,788
    3,376 SF

    Prospect Heights Multifamily Investment Opportunity

    512 Piper Lane, Prospect Heights, IL 60070

    Multifamily property in Prospect Heights, IL, ideal for investors.

    • Multifamily property - ideal for investors.
    • Located in Prospect Heights, IL.
    • Built in 1980.
    Updated: Feb 3
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    Sandpebble Walk Condo with Balcony
    $215,000
    1,280 SF

    Sandpebble Walk Condo with Balcony

    Spacious 2-bedroom condo with balcony and community amenities.

    1550 Sandpebble Drive #307, Wheeling, IL 60090
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    Spacious Condo in Lake Run
    $180,000
    1,250 SF

    Spacious Condo in Lake Run

    Oversized 2-bed, 2-bath unit with amenities in Prospect Heights.

    16 E Old Willow Road #202S, Prospect Heights, IL 60070
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    Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 4 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Building in Des Plaines
    $899,900
    0.18 Acres

    Six-Unit Building in Des Plaines

    Six-unit residential building in a desirable Des Plaines location.

    8807 Dee Road, Des Plaines, IL 60016
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    Northbrook Multifamily Investment Opportunity
    $1,250,000

    Northbrook Multifamily Investment Opportunity

    Well-maintained 6-unit building in prime Northbrook location.

    3404 Salem walk, Northbrook, IL 60062
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    Spacious 2BR Condo with Patio
    $192,500
    1,000 SF

    Spacious 2BR Condo with Patio

    First-floor unit with patio, new carpets, and in-unit laundry.

    920 Beau Drive #110, Des Plaines, IL 60016
    View details
    Mixed-Use Property with Diversified Income
    Contact for pricing
    57,456 SF

    Mixed-Use Property with Diversified Income

    57,456 SF mixed-use property with long-term tenants.

    1310 Shermer Rd, Northbrook, IL 60062
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Northbrook Land Subdivision Opportunity
    $1,650,000
    1.60 Acres

    Northbrook Land Subdivision Opportunity

    Prime 1.6-acre land, potential for subdivision or dream home.

    3190 Landwehr Road, Northbrook, IL 60062
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    Prime Glenview Lot Opportunity
    $324,900
    0.37 Acres

    Prime Glenview Lot Opportunity

    Expansive 1/3 acre lot in desirable Glenview neighborhood.

    3800 Kiess Drive, Glenview, IL 60026
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    Palatine Land Near Train Station
    $465,000
    1.00 Acre

    Palatine Land Near Train Station

    Two buildable lots near train, expressways, airport, and shopping.

    628 S WILKE Road, Palatine, IL 60074
    View details
    Residential Lot in Arlington Heights
    $450,000
    0.49 Acres

    Residential Lot in Arlington Heights

    Buildable lot near Metra, shopping, dining, and library.

    717 S Arlington Heights Road, Arlington Heights, IL 60005
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    Off-Market Properties in Wheeling, IL

    Consider similar Off-Market properties in Wheeling, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    222 Capri Ter
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.77 Acres
    Estimated value
    $2,760,000

    222 Capri Ter, Wheeling, IL 60090-2863

    View details
    Wheeling, IL 60090
    GARDEN APT, COURT APT (5+ UNITS)
    Estimated value
    $78,500,000

    Wheeling, IL 60090

    View details
    Wheeling, IL 60090
    GARDEN APT, COURT APT (5+ UNITS)
    Estimated value
    $78,500,000

    Wheeling, IL 60090

    View details
    305 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,759 SF Lot: 0.34 Acres
    Estimated value
    $600,000

    305 7th St, Wheeling, IL 60090-2839

    View details
    60 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.19 Acres
    Estimated value
    $885,000

    60 Wolf Rd, Wheeling, IL 60090-2974

    View details
    305 9th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,759 SF Lot: 0.34 Acres
    Estimated value
    $645,000

    305 9th St, Wheeling, IL 60090-2743

    View details
    322 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,125 SF Lot: 0.31 Acres

    322 Milwaukee Ave, Wheeling, IL 60090-3018

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    199 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,744 SF Lot: 0.17 Acres
    Estimated value
    $540,000

    199 Milwaukee Ave, Wheeling, IL 60090-3013

    View details
    1212 Forums Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,390 SF Lot: 0.07 Acres
    Estimated value
    $575,000

    1212 Forums Ct, Wheeling, IL 60090-5626

    View details
    1156 Arlington Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 13.70 Acres
    Value Estimation by Request

    1156 Arlington Dr, Wheeling, IL 60090

    View details
    1156 Arlington Dr
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 8.04 Acres
    Estimated value
    $530,000

    1156 Arlington Dr, Wheeling, IL 60090

    View details
    1156 Arlington Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 7.33 Acres
    Value Estimation by Request

    1156 Arlington Dr, Wheeling, IL 60090

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    70 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.15 Acres
    Estimated value
    $640,000

    70 Wolf Rd, Wheeling, IL 60090-2962

    View details
    108 Deborah Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,700 SF Lot: 0.21 Acres
    Value Estimation by Request

    108 Deborah Ln, Wheeling, IL 60090-3004

    View details
    582 Milwaukee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,600 SF Lot: 0.44 Acres
    Value Estimation by Request

    582 Milwaukee Ave, Wheeling, IL 60090-3022

    View details
    517 Milwaukee Ave
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.77 Acres
    Estimated value
    $5,180,000

    517 Milwaukee Ave, Wheeling, IL 60090-5099

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    515 Milwaukee Ave, Unit 19
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.76 Acres
    Estimated value
    $5,180,000
    Unit 19

    515 Milwaukee Ave, Wheeling, IL 60090-5052

    View details
    470 Foxboro Dr
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 12.54 Acres
    Estimated value
    $580,000

    470 Foxboro Dr, Wheeling, IL 60090-6112

    View details
    251 Dundee Rd
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 7.39 Acres
    Estimated value
    $560,000

    251 Dundee Rd, Wheeling, IL 60090-3072

    View details
    100 Wolf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.15 Acres
    Estimated value
    $580,000

    100 Wolf Rd, Wheeling, IL 60090-2959

    View details

    Wheeling, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 58 residential income properties for sale in Wheeling, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,906 square feet of properties for sale, with an estimated market value of $1,244,788.

    Sale prices for residential income properties in Wheeling, IL start at $180,000, averaging $414,929, and reaching up to $849,788 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 4
    Multifamily properties 4

    Property Size Breakdown

    The majority of commercial real estate listings in Wheeling fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 38K
    Population Growth (5Y) -0.4%
    Median Household Income $83,449
    College Educated 54.0%

    High-Yield Neighborhoods for Investment

    Identify Wheeling submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60090 $215K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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