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Wheeling, IL Retail Space for Sale

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Iconic Restaurant & Real Estate Opportunity
$799,900
0.73 Acres

Iconic Restaurant & Real Estate Opportunity

260 S Milwaukee Avenue, Wheeling, IL 60090

Profitable restaurant and prime real estate on Restaurant Row.

  • Profitable Landmark Business: Established bakery & deli (Chicago Bagel & Bialy) with over 43 years of operation and over $1 million in gross sales in 2024.
  • Prime Real Estate: Located on Wheeling's Restaurant Row with high traffic and excellent visibility.
  • Fully Equipped Restaurant: State‑of‑the‑art kitchen with Middleby Marshall rotating oven, walk‑in coolers/freezer, and all necessary fixtures for immediate operation.
  • Spacious and Versatile: 3255 sq. ft. building on a 32,000 sq. ft. lot with indoor and outdoor dining, 30 parking spaces, and potential for drive‑thru addition.
  • Expansion Opportunities: Potential to acquire an adjacent 1/4‑acre parcel from the Village of Wheeling for further growth.
Updated: Oct 28, 2025
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Two-Story Office/Retail Building For Sale
$1,895,000
26,000 SF

Two-Story Office/Retail Building For Sale

1040 S MILWAUKEE Avenue, Wheeling, IL 60090

Two-story office/retail building with high occupancy and parking.

  • Prime location on Milwaukee Rd. near Willow Rd. and I‑294, close to Chicago Executive Palwaukee Airport.
  • High occupancy rate with only 3 vacant units.
  • 23 private suites with various sizes and configurations (300 SQ FT to 2700 SQ FT).
  • 60 parking spots generating extra income.
  • All units have private entrances, reception areas, and multiple offices; some include storage, washrooms, kitchens, and conference rooms.
Updated: Mar 11
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Wheeling Retail Investment Opportunity
$99,000
1,800 SF

Wheeling Retail Investment Opportunity

Prime 1,800 SF retail space in high-visibility Wheeling location.

1083 Lake Cook Road, Wheeling, IL 60090
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Prime Retail Space For Sale
$99,000
1,800 SF

Prime Retail Space For Sale

1,800 SF retail space with high visibility, near Starbucks.

1041-1081 E Lake Cook Rd, Wheeling, IL
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Based on your search, we've compiled 154 Potential Opportunities for your consideration. Besides 4 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 144 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Turnkey Restaurant with Drive-Thru
$1,599,000
0.54 Acres

Turnkey Restaurant with Drive-Thru

Freestanding restaurant with drive-thru on Rand Road corridor.

720 E Rand Road, Mount Prospect, IL 60056
View details
Established Salon Business Opportunity
$48,000
2.32 Acres

Established Salon Business Opportunity

Turnkey salon business for sale in prime location.

1101 Weiland Road, Buffalo Grove, IL 60089
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Retail Property in Mount Prospect
$3,856,340
6,809 SF

Retail Property in Mount Prospect

Retail property with strong tenant lineup in Chicago MSA.

1065-1069 N Elmhurst Rd, Mount Prospect, IL
View details
Former Grocery Store and Outlot
Contact for pricing
61,650 SF

Former Grocery Store and Outlot

61,650 SF retail opportunity at Lake Cook and Arlington Heights.

1160 W Lake Cook Rd, Buffalo Grove, IL 60089
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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.

Prime Land in Growing Corridor
$1,795,000
2.07 Acres

Prime Land in Growing Corridor

2.07 acres of PUD-zoned land on State Hwy 207.

3229 State Road 207, Elkton, FL 32033
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Commercial Land on Busy Roadway
$750,000
0.72 Acres

Commercial Land on Busy Roadway

Prime commercial land with high visibility and development potential.

5355 TURNPIKE FEEDER ROAD, Fort Pierce, FL 34945
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Explore 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

500 Jeffery Ave

RETAIL STORES (PERSONAL SERVICES) • 0.32 Acres
Value Estimation by Request
500 Jeffery Ave, Wheeling, IL 60090-5030
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351 Dundee Rd

351 Dundee Rd

RETAIL STORES (PERSONAL SERVICES)
Value Estimation by Request
351 Dundee Rd, Wheeling, IL 60090-2768
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365 Dundee Rd

365 Dundee Rd

RETAIL STORES (PERSONAL SERVICES)
Value Estimation by Request
365 Dundee Rd, Wheeling, IL 60090-2768
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403 Dundee Rd

403 Dundee Rd

RETAIL STORES (PERSONAL SERVICES)
Value Estimation by Request
403 Dundee Rd, Wheeling, IL 60090-2765
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343 Dundee Rd

343 Dundee Rd

RETAIL STORES (PERSONAL SERVICES)
Value Estimation by Request
343 Dundee Rd, Wheeling, IL 60090-2768
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307 Milwaukee Ave

307 Milwaukee Ave

RETAIL STORES (PERSONAL SERVICES) • 1.42 Acres
Value Estimation
$870,000
307 Milwaukee Ave, Wheeling, IL 60090-5076
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1083 Lk Cook Rd

1083 Lk Cook Rd

RETAIL STORES (PERSONAL SERVICES) • 0.79 Acres
Value Estimation
$2,920,000
1083 Lk Cook Rd, Wheeling, IL 60090-2502
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604 Milwaukee Ave

604 Milwaukee Ave

RETAIL STORES (PERSONAL SERVICES) • 5,751 SF
Value Estimation
$550,000
604 Milwaukee Ave, Wheeling, IL 60090-3024
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729 Dundee Rd, Unit 51

729 Dundee Rd, Unit 51

RETAIL STORES (PERSONAL SERVICES) • 11,963 SF
Value Estimation
$1,450,000
729 Dundee Rd, Wheeling, IL 60090-2605
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350 Dundee Rd

350 Dundee Rd

STORE, RETAIL OUTLET • 5.12 Acres
Value Estimation
$2,500,000
350 Dundee Rd, Wheeling, IL 60090-3192
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1200 Riv Rd

1200 Riv Rd

RETAIL STORES (PERSONAL SERVICES) • 0.84 Acres
Value Estimation
$2,285,000
1200 Riv Rd, Prospect Heights, IL 60070
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5110 Capitol Dr, Unit 60

5110 Capitol Dr, Unit 60

RETAIL STORES (PERSONAL SERVICES) • 5.37 Acres
Value Estimation by Request
5110 Capitol Dr, Wheeling, IL 60090-7900
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1211 Wolf Rd

1211 Wolf Rd

RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
Value Estimation
$925,000
1211 Wolf Rd, Prospect Heights, IL 60070-1754
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300 Marquardt Dr

300 Marquardt Dr

RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
Value Estimation
$785,000
300 Marquardt Dr, Wheeling, IL 60090-6425
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300 Marquardt Dr

300 Marquardt Dr

RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
Value Estimation
$785,000
300 Marquardt Dr, Wheeling, IL 60090-6425
View details
1750 Hintz Rd

1750 Hintz Rd

RETAIL STORES (PERSONAL SERVICES) • 3.74 Acres
Value Estimation by Request
1750 Hintz Rd, Wheeling, IL 60090-5281
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18 Schoenbeck Rd

18 Schoenbeck Rd

STORE, RETAIL OUTLET • 0.31 Acres
Value Estimation by Request
18 Schoenbeck Rd, Wheeling, IL 60090-4454
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306 Milwaukee

306 Milwaukee

RETAIL STORES (PERSONAL SERVICES) • 1,083 SF
Value Estimation
$2,595,000
306 Milwaukee, Wheeling, IL 60090
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306 Milwaukee

306 Milwaukee

RETAIL STORES (PERSONAL SERVICES) • 1,083 SF
Value Estimation
$2,595,000
306 Milwaukee, Wheeling, IL 60090
View details
306 Milwaukee

306 Milwaukee

RETAIL STORES (PERSONAL SERVICES) • 1,083 SF
Value Estimation
$2,590,000
306 Milwaukee, Wheeling, IL 60090
View details

Wheeling, IL Retail Space Investment Opportunities Market Analysis

Explore 148 retail space for sale in Wheeling, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,218,013 square feet of properties for sale, with an estimated market value of $68,859,900.

Sale prices for retail space in Wheeling, IL start at $90,000, averaging $894,284, and reaching up to $4,665,000 — 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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