Retail

Prospect Heights, IL Retail Properties & Spaces for Sale

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Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL Des Plaines, IL Palatine, IL Glenview, IL Northbrook, IL Arlington Hts, IL
9 properties
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Freestanding Mixed-Use Building
Updated: Sep 21
Freestanding Mixed-Use Building

231 N Milwaukee Avenue, Wheeling, IL 60090

$480,000
0.29 AC lot
1,648 SF freestanding mixed‑use building with commercial storefront and finished upper‑level quarters
Two parcels totaling 12,596 SF on 0.29 acre
100 feet of frontage on Milwaukee Avenue (US 45)
B‑3 zoning allows retail, restaurant, office, personal service, and artist studio uses by right
24,300 vehicles per day on Milwaukee Avenue at the property in 2025
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Starbucks-Anchored Retail Center
Updated: Aug 19
Starbucks-Anchored Retail Center

1085 E Lake Cook Rd, Wheeling, IL 60090

$5,615,000
27,232 sqft
Drive‑through Starbucks anchor on an outparcel
100% occupancy with a 5‑year weighted average lease term
Signalized intersection of Lake Cook and Lexington
Internally illuminated channel signage for each tenant
Illuminated pylon sign at a property access point
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7-Eleven Gas Station
7-Eleven Gas Station

14 N Elmhurst Rd, Wheeling, IL 60090

$4,149,709
3,000 sqft

Corporate-backed NNN lease with tenant reimbursement of operating expenses and limited landlord obligations.

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See hot listings in Prospect Heights

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Multi-Building Retail and Office Center
Multi-Building Retail and Office Center

604 - 698 N Milwaukee Ave, Prospect Heights, IL 60070

Contact for pricing
113,801 sqft

Stabilized, multi-tenant retail center with approximately 10,550 SF of second-floor office space across three buildings.

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Wolf Point Shopping Center
Wolf Point Shopping Center

1902-1960 S. Wolf Road, Wheeling, IL 60090

Contact for pricing
33,050 sqft

B-3-zoned shopping center with substantial retail space.

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Retail Center
Retail Center

820 Wheeling Rd, Wheeling, IL 60090

Contact for pricing
13,382 sqft

Retail property offering 13,382 square feet of commercial space for sale.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Freestanding Live-Work Building
Freestanding Live-Work Building

322 N Milwaukee Ave, Wheeling, IL 60090

$539,000

Completely remodeled freestanding building with large parking, flexible first-floor space, and an updated apartment upstairs.

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Hotel-Front Retail Center
Hotel-Front Retail Center

701 N Milwaukee Ave, Wheeling, IL 60090

Contact for pricing
1,050 sqft

Shopping center positioned in front of the Westin Hotel with excellent visibility and ample parking.

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Mixed-Use Property on Milwaukee Avenue
Mixed-Use Property on Milwaukee Avenue

231 N Milwaukee Ave, Wheeling, IL 60090

Contact for pricing
1,648 sqft 0.30 AC lot

Mixed-use property with high visibility and ample parking.

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Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 9 Active listings in Prospect Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 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.

Corporate 7-Eleven Gas Station
Corporate 7-Eleven Gas Station

630 W Rand Rd, Mount Prospect, IL 60056

$3,851,223
3,245 sqft 0.76 AC lot

Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.

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Neighborhood Retail Strip Center
Neighborhood Retail Strip Center

2823 Dundee Rd, Northbrook, IL 60062

Contact for pricing
18,782 sqft 1.67 AC lot

Stabilized strip center with 18,782 SF of retail space and parking for 4.42 vehicles per 1,000 SF.

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Downtown Retail Storefront
Downtown Retail Storefront

100-110 S Emerson, Mount Prospect, IL 60056

Contact for pricing

Positioned near the Metra station with access to major regional routes and a surrounding mix of restaurants, residences, and amenities.

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Northbrook Mixed-Use Investment Opportunity
Northbrook Mixed-Use Investment Opportunity

1310 Shermer Road, Northbrook, IL 60062

Contact for pricing

Mixed-use property with commercial and residential components in affluent Northbrook.

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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.

Land in Prime Deer Park Location
Land in Prime Deer Park Location

20406 N Rand Road, Deer Park, IL 60047

$1,000,000
1.79 AC lot

1.79 acres of commercial land in Deer Park, Illinois.

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Planned Development Commercial Land
Planned Development Commercial Land

20412 N Rand Road N, Deer Park, IL 60047

$4,446,000
4.46 AC lot

PUD-zoned land with 225 feet of Rand Road frontage and a multi-parcel configuration.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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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.

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Off-Market Properties in Prospect Heights, IL

Consider similar Off-Market properties in Prospect Heights, 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.

1201 Wolf Rd
GAS STATION

1201 Wolf Rd, Prospect Heights, IL 60070-1754

Estimated value:
$395,000
0.58 AC lot
View details
1200 Riv Rd
RETAIL STORES (PERSONAL SERVICES)

1200 Riv Rd, Prospect Heights, IL 60070

Estimated value:
$2,285,000
0.84 AC lot
View details
1251 Wolf Rd
AUTO REPAIR, GARAGE

1251 Wolf Rd, Prospect Heights, IL 60070

Estimated value:
$330,000
0.64 AC lot
View details
1211 Wolf Rd
RETAIL STORES (PERSONAL SERVICES)

1211 Wolf Rd, Prospect Heights, IL 60070-1754

Estimated value:
$925,000
0.46 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$240,000
0.07 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$225,000
0.07 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$305,000
0.65 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$235,000
0.06 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$230,000
0.06 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$245,000
0.07 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$230,000
0.07 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$230,000
0.07 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$240,000
0.07 AC lot
View details
1 Elmhurst Rd
RETAIL STORES (PERSONAL SERVICES)

1 Elmhurst Rd, Prospect Heights, IL 60070-1509

Estimated value:
$235,000
0.07 AC lot
View details
604 Milwaukee Ave
STORE, RETAIL OUTLET

604 Milwaukee Ave, Prospect Heights, IL 60070

Estimated value:
$565,000
10.70 AC lot
View details

Prospect Heights, IL Retail Properties & Spaces Market Trends and Statistics

Explore 53 retail properties & spaces for sale in Prospect Heights, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 193,163 square feet of properties for sale, with an estimated market value of $10,783,709.

Sale prices for stores in Prospect Heights, IL start at $480,000, averaging $2,695,927, and reaching up to $5,615,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 1
Storefront properties 1

Demographics Overview

Population 16K
Population Growth (5Y) -3.1%
Median Household Income $91,210
College Educated 48.4%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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