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    Wheeling, IL
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    Wheeling, IL Retail Properties & Spaces for Sale

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    Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL Palatine, IL Des Plaines, IL Glenview, IL Arlington Hts, IL Northbrook, IL
    Prime Location Automotive Hub
    Updated: Jan 29, 2025
    Prime Location Automotive Hub

    851 E Palatine Rd, Wheeling, IL

    Contact for pricing
    7,968 sqft 0.43 AC lot
    Strategic location near I‑294 and opposite Chicago Executive Airport.
    High visibility at the intersection of Palatine Road and Milwaukee Avenue.
    Suitable for investors and businesses.
    High traffic location.
    Convenient location.
    View details
    Mixed-Use Property on Milwaukee Avenue
    Updated: Aug 4, 2020
    Mixed-Use Property on Milwaukee Avenue

    231 N Milwaukee Ave, Wheeling, IL 60090

    $429,000
    1,648 sqft 0.30 AC lot
    High‑traffic location: Over 30,000 daily traffic count on N Milwaukee Ave.
    Large lot size: 13,000 sq ft with 100‑foot frontage on N Milwaukee Ave.
    Flexible zoning: Zoned B‑3, allowing for commercial, office, and mixed residential use.
    Ample parking: Room to park 20 cars.
    Excellent visibility: Located in a choice location on N Milwaukee Ave.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    Northbrook Retail/Office Building For Sale
    Northbrook Retail/Office Building For Sale

    1815 Dundee Road, Northbrook, IL 60062

    $685,000
    1,500 sqft 0.26 AC lot

    Stand-alone retail/office building in Northbrook with high traffic exposure.

    View details
    Net Leased Bank Building
    Net Leased Bank Building

    401 DEERFIELD PKWY, Buffalo Grove, IL 60089

    $2,812,324
    4,680 sqft

    Single-tenant Huntington Bank property on a signalized corner with multiple renewal options and documented rental escalations.

    View details
    Turnkey Salon Business Opportunity
    Turnkey Salon Business Opportunity

    1101 Weiland Road, Buffalo Grove, IL 60089

    $35,000
    2.32 AC lot

    Established salon for sale in prime location with lease transfer.

    View details
    Mixed-Use Property with Diversified Income
    Mixed-Use Property with Diversified Income

    1310 Shermer Rd, Northbrook, IL 60062

    Contact for pricing
    57,456 sqft

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

    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.

    Commercial Land Near Abt Electronics
    Commercial Land Near Abt Electronics

    1223 Milwaukee Avenue, Glenview, IL 60025

    $795,000
    0.84 AC lot

    0.835 acre commercial land for sale on Milwaukee Road.

    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
    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.

    View details
    Land in Prime Deer Park Location
    Land in Prime Deer Park Location

    20412 N Rand Road N, Deer Park, IL 60047

    $4,446,000
    4.46 AC lot

    4.46 acres of commercial land with frontage on Rand Road.

    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.

    500 Jeffery Ave
    RETAIL STORES (PERSONAL SERVICES)

    500 Jeffery Ave, Wheeling, IL 60090-5030

    Value Estimation by Request
    0.32 AC lot
    View details
    351 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)

    351 Dundee Rd, Wheeling, IL 60090-2768

    Value Estimation by Request
    View details
    365 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)

    365 Dundee Rd, Wheeling, IL 60090-2768

    Value Estimation by Request
    View details
    403 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)

    403 Dundee Rd, Wheeling, IL 60090-2765

    Value Estimation by Request
    View details
    335 Dundee Rd
    FINANCIAL BUILDING

    335 Dundee Rd, Wheeling, IL 60090-2768

    Value Estimation by Request
    View details
    343 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)

    343 Dundee Rd, Wheeling, IL 60090-2768

    Value Estimation by Request
    View details
    307 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    307 Milwaukee Ave, Wheeling, IL 60090-5076

    $870,000
    Estimated value
    1.42 AC lot
    View details
    1083 Lk Cook Rd
    RETAIL STORES (PERSONAL SERVICES)

    1083 Lk Cook Rd, Wheeling, IL 60090-2502

    $2,920,000
    Estimated value
    0.79 AC lot
    View details
    1057 Lk Cook Rd
    MINI-MALL

    1057 Lk Cook Rd, Wheeling, IL 60090-2502

    $2,920,000
    Estimated value
    2.37 AC lot
    View details
    604 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    604 Milwaukee Ave, Wheeling, IL 60090-3024

    $550,000
    Estimated value
    5,751 sqft 1.44 AC lot
    View details
    548 Milwaukee Ave
    AUTO REPAIR, GARAGE

    548 Milwaukee Ave, Wheeling, IL 60090-3022

    Value Estimation by Request
    0.73 AC lot
    View details
    729 Dundee Rd, Unit 51
    RETAIL STORES (PERSONAL SERVICES)

    729 Dundee Rd, Wheeling, IL 60090-2605

    Unit 51
    $1,450,000
    Estimated value
    11,963 sqft 0.96 AC lot
    View details
    10 Huntington Ln
    FINANCIAL BUILDING

    10 Huntington Ln, Wheeling, IL 60090-6900

    $3,715,000
    Estimated value
    1.50 AC lot
    View details
    1201 Wolf Rd
    GAS STATION

    1201 Wolf Rd, Prospect Heights, IL 60070-1754

    Value Estimation by Request
    0.58 AC lot
    View details
    350 Dundee Rd
    STORE, RETAIL OUTLET

    350 Dundee Rd, Wheeling, IL 60090-3192

    $2,500,000
    Estimated value
    5.12 AC lot
    View details
    1200 Riv Rd
    RETAIL STORES (PERSONAL SERVICES)

    1200 Riv Rd, Prospect Heights, IL 60070

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

    1251 Wolf Rd, Prospect Heights, IL 60070

    Value Estimation by Request
    0.64 AC lot
    View details
    5110 Capitol Dr, Unit 60
    RETAIL STORES (PERSONAL SERVICES)

    5110 Capitol Dr, Wheeling, IL 60090-7900

    Unit 60
    Value Estimation by Request
    5.37 AC lot
    View details
    1211 Wolf Rd
    RETAIL STORES (PERSONAL SERVICES)

    1211 Wolf Rd, Prospect Heights, IL 60070-1754

    $925,000
    Estimated value
    0.46 AC lot
    View details
    1212 Elmhurst Rd
    AUTO REPAIR, GARAGE

    1212 Elmhurst Rd, Wheeling, IL 60090

    Value Estimation by Request
    1,250 sqft 0.52 AC lot
    View details
    120 Mchenry Rd
    AUTO REPAIR, GARAGE

    120 Mchenry Rd, Wheeling, IL 60090-3203

    Value Estimation by Request
    1.98 AC lot
    View details
    300 Marquardt Dr
    RETAIL STORES (PERSONAL SERVICES)

    300 Marquardt Dr, Wheeling, IL 60090-6425

    $785,000
    Estimated value
    0.46 AC lot
    View details

    Wheeling, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Wheeling, IL on our real estate platform. These investment opportunities span a total of 4,903 square feet of properties for sale, with an estimated market value of $1,228,900.

    Sale prices for stores in Wheeling, IL start at $429,000, averaging $614,450, and reaching up to $799,900 — 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 2
    Storefront properties 2
    Automotive 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 $1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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