Residential Income
AI Picks

Wheeling, IL Residential Income Properties for Sale

Notify Me
List
Map
Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL Des Plaines, IL Palatine, IL Glenview, IL Arlington Hts, IL Northbrook, IL
7 properties
Sort:
Industrial Land with 260-Foot Frontage
Updated: Jun 2, 2025
Industrial Land with 260-Foot Frontage

1033 S Wheeling Road, Wheeling, IL 60090

$750,000
0.98 AC lot
Nearly 1‑acre industrial land with 260 ft of frontage on Wheeling Road
I‑1 zoning on a 260 x 164 lot
Small home on site with a full basement and basement in the room list
2‑car garage plus 1 storage building on the property
Construction materials listed as block and vinyl siding
View details
6-Unit Apartment Building
Updated: May 29
6-Unit Apartment Building

655 Piper Lane, Prospect Heights, IL 60070

$725,000
Six‑unit apartment building constructed in 1972
12 on‑site parking spots
Laundry facility included
Tenants reported in place for 10+ years
655 Piper Lane, Prospect Heights, IL 60070
View details
Updated Duplex in Desirable Location
Updated Duplex in Desirable Location

1426 Chippewa Trail, Wheeling, IL 60090

$380,000
1,984 sqft

Spacious, updated 4-bedroom duplex with modern amenities and convenient location.

View details
See what stands out in Cook County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Sandpebble Walk Condo with Balcony
Sandpebble Walk Condo with Balcony

1550 Sandpebble Drive #307, Wheeling, IL 60090

$215,000
1,280 sqft

Spacious 2-bedroom condo with balcony and community amenities.

View details
6-Unit Apartment Building
6-Unit Apartment Building

512 Piper Lane, Prospect Heights, IL 60070

Contact for pricing

Updated unit interiors and assigned resident parking support a straightforward multifamily configuration.

View details
6-Unit Brick Apartment Building
6-Unit Brick Apartment Building

304 9th St, Wheeling, IL 60090

Contact for pricing

Six apartments include rear outdoor parking, a newer boiler, select replaced windows, and laundry machines.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Income-Generating Multifamily with Parking
Income-Generating Multifamily with Parking

300 7th St, Wheeling, IL 60090

Contact for pricing

Well-maintained, fully occupied multifamily property with 12+ parking spaces and straightforward utility expense structure.

View details
Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 7 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.

Updated Six-Unit Apartment Building
Updated Six-Unit Apartment Building

3683 SALEM WALK, Northbrook, IL 60062

$1,299,000

Multifamily property with renovated interiors, open kitchen layouts, and recent building-system improvements.

View details
Residential Income Property with Balconies
Residential Income Property with Balconies

1621 Mission Hills Road #N201, Northbrook, IL 60062

$650,000

Updated end-unit residence in a gated community with extensive improvements, private outdoor space, and comprehensive community services.

View details
Brick 9-Unit Apartment Building
Brick 9-Unit Apartment Building

1135 N Boxwood Dr, Mount Prospect, IL 60056

Contact for pricing

Well-maintained multifamily property with varied unit layouts, on-site laundry, and parking.

View details
Two-Unit Residential Income Property
Two-Unit Residential Income Property

1006 E Callero Cir, Mount Prospect, IL 60056

Contact for pricing

Two units each feature two bedrooms, a full bath, and an eat-in kitchen, with separate laundry and utilities.

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.

Prime Glenview Lot Opportunity
Prime Glenview Lot Opportunity

3800 Kiess Drive, Glenview, IL 60026

$324,900
0.37 AC lot

Expansive 1/3 acre lot in desirable Glenview neighborhood.

View details
Palatine Land Near Train Station
Palatine Land Near Train Station

628 S WILKE Road, Palatine, IL 60074

$465,000
1.00 AC lot

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

View details
Des Plaines Land For Sale
Des Plaines Land For Sale

1596 Oxford Road, Des Plaines, IL 60018

$850,000
0.69 AC lot

Land available in Des Plaines, Illinois.

View details
Vacant Lot in Morton Grove
Vacant Lot in Morton Grove

9216 Ozark Avenue, Morton Grove, IL 60053

$289,900

Vacant lot for new construction in desirable Morton Grove.

View details

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)

222 Capri Ter, Wheeling, IL 60090-2863

$2,760,000
Estimated value
0.77 AC lot
View details
Wheeling, IL 60090
GARDEN APT, COURT APT (5+ UNITS)

Wheeling, IL 60090

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

Wheeling, IL 60090

$78,500,000
Estimated value
View details
305 7th St
APARTMENT HOUSE (UNDER 5 UNITS)

305 7th St, Wheeling, IL 60090-2839

$600,000
Estimated value
5,759 sqft 0.34 AC lot
View details
60 Wolf Rd
APARTMENT HOUSE (UNDER 5 UNITS)

60 Wolf Rd, Wheeling, IL 60090-2974

$945,000
Estimated value
3,888 sqft 0.19 AC lot
View details
305 9th St
APARTMENT HOUSE (UNDER 5 UNITS)

305 9th St, Wheeling, IL 60090-2743

$670,000
Estimated value
5,759 sqft 0.34 AC lot
View details
322 Milwaukee Ave
APARTMENT HOUSE (UNDER 5 UNITS)

322 Milwaukee Ave, Wheeling, IL 60090-3018

$375,000
Estimated value
3,125 sqft 0.31 AC lot
View details
199 Milwaukee Ave
APARTMENT HOUSE (UNDER 5 UNITS)

199 Milwaukee Ave, Wheeling, IL 60090-3013

$550,000
Estimated value
2,744 sqft 0.17 AC lot
View details
1212 Forums Ct
APARTMENT HOUSE (UNDER 5 UNITS)

1212 Forums Ct, Wheeling, IL 60090-5626

$630,000
Estimated value
4,390 sqft 0.07 AC lot
View details
1156 Arlington Dr
APARTMENT HOUSE (5+ UNITS)

1156 Arlington Dr, Wheeling, IL 60090

$475,000
Estimated value
13.70 AC lot
View details
1156 Arlington Dr
GARDEN APT, COURT APT (5+ UNITS)

1156 Arlington Dr, Wheeling, IL 60090

$530,000
Estimated value
8.04 AC lot
View details
1156 Arlington Dr
APARTMENT HOUSE (5+ UNITS)

1156 Arlington Dr, Wheeling, IL 60090

$455,000
Estimated value
7.33 AC lot
View details
70 Wolf Rd
APARTMENT HOUSE (UNDER 5 UNITS)

70 Wolf Rd, Wheeling, IL 60090-2962

$705,000
Estimated value
3,888 sqft 0.15 AC lot
View details
108 Deborah Ln
APARTMENT HOUSE (UNDER 5 UNITS)

108 Deborah Ln, Wheeling, IL 60090-3004

$330,000
Estimated value
2,700 sqft 0.21 AC lot
View details
582 Milwaukee Ave
APARTMENT HOUSE (UNDER 5 UNITS)

582 Milwaukee Ave, Wheeling, IL 60090-3022

$240,000
Estimated value
3,600 sqft 0.44 AC lot
View details
517 Milwaukee Ave
GARDEN APT, COURT APT (5+ UNITS)

517 Milwaukee Ave, Wheeling, IL 60090-5099

$5,595,000
Estimated value
0.77 AC lot
View details
515 Milwaukee Ave, Unit 19
GARDEN APT, COURT APT (5+ UNITS)

515 Milwaukee Ave, Wheeling, IL 60090-5052

Unit 19
$5,595,000
Estimated value
0.76 AC lot
View details

Wheeling, IL Residential Income Properties Market Trends and Statistics

Explore 61 residential income properties for sale in Wheeling, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 3,264 square feet of properties for sale, with an estimated market value of $2,070,000.

Sale prices for residential income properties in Wheeling, IL start at $215,000, averaging $517,500, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 6
Apartment buildings 4
Duplexes 1
Single family properties 1

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 average listing prices of real estate assets

Neighborhood Average Price
60090 $448.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings